Thursday, October 11, 2012

DailyMarkets.com - Oil Prices Jump +1% On Jobs Data, Middle East Conflict

DailyMarkets.com - Oil Prices Jump +1% On Jobs Data, Middle East Conflict


Oil Prices Jump +1% On Jobs Data, Middle East Conflict

Posted: 11 Oct 2012 03:53 AM PDT

10/11/12 Escalating tension in Turkey and Syria, combined with a rise in risk appetite on a surprise drop in jobless claims to lowest in 4 years, helped pave the way for a drop in front month crude prices mid-morning … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Risk Appetite Rallies As Jobless Claims Hit 4-year Low

Posted: 11 Oct 2012 03:25 AM PDT

10/11/12 After first-time claims for unemployment insurance fell 30,000 to 339,000 in the latest week, the lowest level in more than four years, risk appetite soared to help push higher-yielding assets higher Thursday … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Uranium Miners Hitting A Major Bottom: Nuclear Set To Rebound In 2013

Posted: 11 Oct 2012 08:22 AM PDT

Jeb Handwerger, analyst and founder of Gold Stock Trades, told Uranium Investing News that he believes "we are very close to the bottom in spot prices. The market is beginning to realize that nuclear power has a future in the world's energy mix."
Handwerger sees the post-Fukushima government rhetoric against nuclear power in Japan and Germany as purely political and shortsighted. "For modern industrial nations facing skyrocketing electricity prices it's impossible to meet … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Stocks Extend Gains On Data Deluge Thursday

Posted: 11 Oct 2012 08:21 AM PDT

10/11/12 Wall Street kicked off the session in positive territory. US economic data included a downside surprise for jobless claims. Softbank confirmed it is in talks with Sprint … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Stocks Positive As Yuan And Jobless Claims Hit Record Highs

Posted: 11 Oct 2012 07:40 AM PDT

10/11/12 Global stocks were trading mostly positive following the release of jobless claims data that fell to its lowest level in four years. Also, the Chinese yuan hit a 19-year high against the … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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