Wednesday, July 25, 2012

DailyMarkets.com - How Low Will The Euro Go?

DailyMarkets.com - How Low Will The Euro Go?


How Low Will The Euro Go?

Posted: 25 Jul 2012 07:24 AM PDT

Wednesday, July 25, 2012
Euro futures continue to tumble, as investors have little confidence in European leaders to make meaningful progress in dealing with the economic issues plaguing the continent. However, the large speculative short position may spark potentially potent short-covering rallies to shake-out weak shorts prior to resuming its downward trend.
Fundamentals
Concerns over the economic fate of Europe heated up this week, as fears that Spain will need bailout funds and Greece may … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Commodities Rise On Risk Appetite Recovery, Earnings Docket In Focus

Posted: 25 Jul 2012 04:19 AM PDT

Talking Points

Crude Oil, Copper to Follow Stocks Higher on Risk Appetite Recovery
Gold and Silver Find Support on Ebbing Haven Demand for US Dollar

Commodity prices are pushing higher amid a broad-based recovery in risk appetite. Growth-geared crude oil and copper are following shares higher while gold and silver are on the upswing as ebbing haven demand weighs on the US Dollar. S&P 500 index futures are pointing firmly higher, pointing to more of the same ahead as Wall Street comes … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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