Wednesday, November 7, 2012

DailyMarkets.com - Commodities: US Election Offers Support But “Fiscal Cliff” Fears Loom

DailyMarkets.com - Commodities: US Election Offers Support But “Fiscal Cliff” Fears Loom


Commodities: US Election Offers Support But “Fiscal Cliff” Fears Loom

Posted: 07 Nov 2012 03:08 AM PST

Commodities found support in a clear resolution to the US Presidential election but the chipper mood may prove fleeting as the spotlight turns to "fiscal cliff" fears.
Talking Points

Metals Rise, Crude Oil Trims Losses on US Presidential Election Outcome
S&P 500 Index Futures Point to Risk-On Mood as Wall Street Comes Online
Sentiment Recovery May Prove Fleeting on Returning "Fiscal Cliff" Fears

Metals rose in Asian trade as risk appetite swelled across financial markets – … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Forex Trading: Greek Vote Set To Generate Euro Volatility Today

Posted: 07 Nov 2012 12:02 AM PST

Greek Vote Set to Generate Euro Volatility Today
The currency markets were relatively quiet yesterday, as uncertainties regarding the outcome of the US presidential election led to investors holding off on opening big positions. Still, concerns regarding Greece’s economy caused the euro to slip to a fresh two-month low against the USD in early morning trading. Today, trades can expect a significantly more volatile day, as the final results of the US elections combined with a Greek vote on a … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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