Tuesday, August 7, 2012

DailyMarkets.com - Wall Street Extends Gains, S&P Breaks 1400

DailyMarkets.com - Wall Street Extends Gains, S&P Breaks 1400


Wall Street Extends Gains, S&P Breaks 1400

Posted: 07 Aug 2012 08:23 AM PDT

08/07/12 US equities continued to edge higher, with key technical levels broken. Expectations of central bank action supported stocks and the euro … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


EUR Extends Gains, Holds Above $1.24

Posted: 07 Aug 2012 02:23 AM PDT

08/07/2012 The euro continued to trade higher, as expectations of ECB aid helped the currency extend gains. The AUD advanced as the RBA left rates … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Natural Gas Production Sets New Records In May As Marcellus Shale Becomes Country’s Top Producer

Posted: 07 Aug 2012 06:31 AM PDT

Updated EIA data on monthly natural gas production in the U.S. through May is displayed above, and shows that both “gross withdrawals” and “marketed production” of natural gas set new monthly all-time records on a 12-month moving average basis (to smooth out monthly variations).  Other highlights include:

1. Gross withdrawals of natural gas in May set a new record for the month of May, and were 4.4% above last year and 7.2% above last year for the January-May period. 

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


Standard Chartered: Friends Like This, Who Needs Enemies

Posted: 07 Aug 2012 06:07 AM PDT

Dealing with terrorists, weapons dealers, drug lords, and corrupt regimes would all seem to take a back seat to the pursuit of profit and revenue at the UK-based Standard Chartered Bank.
In what has to be a new low in terms of financial intermediation, the crowd at Standard Chartered stands accused this morning by the New York State Department of Financial Services of being a rogue institution.
In what might seem to be a potential script for a Harrison Ford thriller but is regrettably all too … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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