Thursday, August 16, 2012

DailyMarkets.com - US Dollar Falls Back Following Weak Data Throughout Morning

DailyMarkets.com - US Dollar Falls Back Following Weak Data Throughout Morning


US Dollar Falls Back Following Weak Data Throughout Morning

Posted: 16 Aug 2012 09:02 AM PDT

Fundamental Headlines
- Americans' Views on Economy are Most Pessimistic Since November – Bloomberg
- Merkel Resurfaces in Canada – Bloomberg
- Jobless Claims Trend Shows Job Market Slowly Healing – Reuters
- Bank Deal Rankles Regulators – WSJ
- Dow Inches Down as Factories Slow – WSJ
Asian/European Session Summary
The US Dollar was among the top performers this morning, trailing the frontrunner the British Pound by a mere -0.11%, just over two-hours ahead of the crucial US data … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Markets In Everything: Mobile DNA Testing

Posted: 16 Aug 2012 08:36 AM PDT

NEW YORK (CBSNewYork) — “It is a sign of the times — getting a quick DNA test is now as easy as walking up to a truck. The "Who's Your Daddy" recreational vehicle is selling DNA tests for $300-600, mostly to fathers who suspect their children may not actually be … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Wall Street Opens Flat, US Data Weakens

Posted: 16 Aug 2012 08:27 AM PDT

08/16/12 US stocks opened mixed and flat, following weaker-than-expected economic data. Cisco shares rallied after earnings, while Facebook tumbled 6% on the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Standard Chartered Fine: “Slap On The Wrist”

Posted: 16 Aug 2012 08:16 AM PDT

I had the opportunity to share some thoughts and opinions on the Standard Chartered – Iranian money laundering scandal last evening on China Central TV. 3-minutes goes by very quickly.

Larry … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Identity Theft, Credit Cards And The Internet In Raleigh

Posted: 16 Aug 2012 08:04 AM PDT

… [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Risk Appetite On Data Pushes Euro Higher

Posted: 16 Aug 2012 02:34 AM PDT

08/16/12 Mostly positive global economic reports helped boost risk appetite in the forex markets Thursday morning with the euro rising against its safer-haven … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Cleaned By Capitalism, Polluted By Communism

Posted: 16 Aug 2012 07:29 AM PDT

Don Boudreaux at the Cafe Hayek blog regularly features posts titled “Cleaned by Capitalism,” here’s a recent example: 

“Modern, innovative, industrial competitive capitalism makes available to almost every denizen of the early 21st-century capitalist world a host of inexpensive and effective machines and substances to protect ourselves from what would otherwise be the daily, up-close-and-personal pollution of bacteria from rotting food particles. We have dinnerware – plates, drinking … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Markets Start Higher On Data

Posted: 16 Aug 2012 02:22 AM PDT

08/16/12 Mostly strong economic reports led the way for a strong start in both Europe and early trade in the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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