DailyMarkets.com - Gold May Rise On US Data, Crude Oil And Copper Outlook Clouded

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• Gold May Rise On US Data, Crude Oil And Copper Outlook Clouded
• Europe Priced To Perfection
• Oil Prosperity Delivers Economic Stimulus To TX

Gold May Rise On US Data, Crude Oil And Copper Outlook Clouded Posted: 15 Aug 2012 02:58 AM PDT Talking Points Crude Oil, Copper Outlook Clouded Along with Risk Appetite Trends Gold and Silver to Rise if Softer US Data Reboots Fed Stimulus Bets All eyes are on the US economic calendar, with the spotlight will shift to the US Empire Manufacturing gauge of factory-sector performance in New York State. The reading marks the first data point in the August batch of regional activity surveys and will help gauge the degree of follow-through on the apparent pickup in pace of the US recovery in … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Europe Priced To Perfection Posted: 15 Aug 2012 01:26 AM PDT Two currency traders on CNBC both agree that the market is pricing the outcome of August/September European news to perfection as pro ‘risk on’. September is a huge month for the Euro zone, massive bond issuance, German Constitutional Court decision on ESM (funding for PIIGS), more Greek aid, etc. The CBOE VIX is confirming very high complacency levels. The stage is set for September blues. This time it might sell the rumor by the fact. Therefore stocks and EURUSD could slump into the news … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Oil Prosperity Delivers Economic Stimulus To TX Posted: 14 Aug 2012 07:37 PM PDT The oil boom in the North Dakota Bakken area has been getting a lot of attention lately due to the phenomenal increases in production there over the last few years, but there’s also an oil boom going in Texas as well, thanks to the same advanced drilling technologies that are turbo-charging oil output in North Dakota. The chart above shows daily oil production in Texas, which exceeded 1.8 million barrels per day in both April and May, reaching the highest level of production in more than 20 … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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