Monday, October 15, 2012

DailyMarkets.com - Forex Trading: Market Looks To US Retail Sales

DailyMarkets.com - Forex Trading: Market Looks To US Retail Sales


Forex Trading: Market Looks To US Retail Sales

Posted: 15 Oct 2012 02:37 AM PDT

Market Looks to US Retail Sales
The US dollars had a bearish trend against most of its main currency rivals before markets closed for the weekend on Friday, as concerns regarding Spanish debt continued to boost safe-haven currencies. Worries about Spain were also largely responsible for losses that both silver and gold took for the day.

This week, all eyes will be focused on the EU Economic Summit starting Thursday, as well as Friday’s Existing Home Sales report. With analysts predicting … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Year Is 1929, Blue Skies Forever

Posted: 15 Oct 2012 01:41 AM PDT

This series of videos on the great crash of 1929 is video candy to anyone who plays the markets.

This series is excellent (6 videos).It should remind a market watcher how it all comes around again.

COMMENTS: Listen to the comment how the market made new all time highs based on greed and nothing to do with fundamentals. Does this not remind you of the current SP500 move up from June 4th. The Astrology newsletter which had 100,000 subscribers, never issued a SELL signal in … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Market Leaders Have Paused, Buy Or Sell?

Posted: 15 Oct 2012 01:09 AM PDT

The markets are waiting for the word from Max Smart Money to see if we will have a rally into the US elections.

Two market drivers behind the market is China’s growth and Apple Inc. Two powerful fundamental trends behind the current market bullish trend.

The market is now asking folks to BUY again. Lets review using the readtheticker.com custom indicator named … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Commodities Look To US Economic Data, Citigroup Earnings For Direction

Posted: 14 Oct 2012 11:33 PM PDT

Commodity prices are looking toward the US economic data set and third-quarter results from Citigroup Inc to set a bearing on risk appetite and yield direction cues.
Talking Points

Commodities Under Pressure as US Dollar Pushes Higher in Overnight Trade
US Economic Data, Citigroup Q3 Earnings Take Center Stage in Hours Ahead

Commodity prices are moving lower overnight as the US Dollar pushes broadly higher, applying de-facto downward pressure to assets denominated in terms of the benchmark … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Central Bank News Link List – Oct. 15, 2012: Bernanke Defends Fed Stimulus As China, Brazil Raise Concerns

Posted: 14 Oct 2012 05:43 PM PDT

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.

Bernanke defends Fed stimulus as China, Brazil raise concerns (Reuters)
“U.S. Monetary Policy and International Implications” – Bernanke text (Federal Reserve)
Global distress 3.0 looms as emerging … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Is The World Bank Downgrade Of China’s Growth The Nadir?

Posted: 09 Oct 2012 12:18 AM PDT

Reuters reported that the World Bank downgraded China’s growth outlook to 7.7% this year from 8.2% and 8.1% in 2013 from 8.6%. It also highlighted the downside risks to the forecast.
The World Bank earlier on Monday released its latest East Asia and Pacific Data Monitor, warning China’s that slowdown could accelerate.

In the report, the international lender said that ambitious investment plans announced by several local governments in China could face funding constraints, “not … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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