Thursday, June 14, 2012

DailyMarkets.com - Wheat To Stay Range-Bound?

DailyMarkets.com - Wheat To Stay Range-Bound?


Wheat To Stay Range-Bound?

Posted: 14 Jun 2012 10:15 AM PDT

Thursday, June 14th
The combination of bearish fundamentals and outside market weakness has taken its toll on Wheat. The Spring Wheat harvest is well underway, without as much as a hiccup. Barring a massive shift in weather conditions, fundamentals should remain bearish. Some traders may choose to focus their attention on currency movements to gauge short-term swings in Wheat prices. Some traders may also want to keep an eye on the fund position. Currently, funds have a fairly substantial short … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Economist On The Street: US Data, Fed Speculation And Europe

Posted: 14 Jun 2012 09:10 AM PDT

06/14/12 Meridian Equity Partners’ Stephen Guilfoyle weighs in on today’s advance in US equities, speculation of stimulus from the FOMC and Euro zone … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Myth: There Are No Pitfalls To Buying A Foreclosure

Posted: 14 Jun 2012 08:44 AM PDT

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Wall Street Spikes On Fed Speculation

Posted: 14 Jun 2012 03:30 AM PDT

06/14/12 US stocks advanced as the latest economic data boosted FOMC stimulus hopes. Nokia shares slid after the company announced restructuring plans and issued a dismal Q2 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Mortgage Applications Highest In Three Years

Posted: 14 Jun 2012 08:23 AM PDT

“Mortgage applications increased 18% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 8.

The Market Composite Index, a measure of mortgage loan application volume, increased 18% on a seasonally adjusted basis from one week earlier to the highest level since May 2009.  On an unadjusted basis, the Index increased over 30% compared with the previous week.  The Refinance Index increased … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Oil Firm Near $83

Posted: 14 Jun 2012 02:15 AM PDT

06/14/12 With the upcoming OPEC meeting looming and with weak economic data clashing with a slight rise in the euro, front month crude prices remained steady near $83 a barrel Thursday … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro Steady, Dollar Stumbles On Data

Posted: 14 Jun 2012 02:00 AM PDT

06/14/12 The US dollar took a slight hit in early truing Thursday following weak jobs data and a slide in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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