Tuesday, November 27, 2012

DailyMarkets.com - Slow Plantings, China In Focus For Beans

DailyMarkets.com - Slow Plantings, China In Focus For Beans


Slow Plantings, China In Focus For Beans

Posted: 27 Nov 2012 09:18 AM PST

Tuesday, November 27, 2012
Soybean futures have been battered since the beginning of September, but prices have found some strength in recent sessions. It remains to be seen if this bounce can last. Strong Chinese demand and slow planting progress in South America have been on the forefront of fundamental news. Also, the grain complex has ridden the coattails of firmer equity prices. Chinese demand and South American plantings are likely to move in lockstep. China has been shrewd in terms of … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Albania Keeps Rate Steady, To Keep Policy Stimulative

Posted: 27 Nov 2012 08:43 AM PST

    Albania’s central bank kept its benchmark refinancing rate unchanged at 4.0 percent, saying  monetary conditions were appropriate to ensure that inflation meets the bank’s medium-term target and provides the necessary stimulus to support domestic demand.
    The Bank of Albania, which has cut rates three times this year for a total reduction of 75 basis points, said it expects “to maintain the stimulative nature of monetary policy in the medium term.”
    … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Euro Slips Despite Greek Deal

Posted: 27 Nov 2012 03:37 AM PST

11/27/12 The euro has slipped from its highest level in more than three weeks, despite EU policymakers reaching a deal that would allow Greece to get 44 billion euros in three tranches, on growing skepticism over the broader eurozone and the … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Watching The Key Short Term Pivot In The SP500 To End November

Posted: 27 Nov 2012 08:19 AM PST

As we transition to December soon, let's take a look at the critical level to monitor in the S&P 500 to determine our trading strategies as December approaches.
Here's the top-level Daily Chart with key level highlighted:

Cutting straight to the point, the Key Inflection Level is 1,410 which reflects the confluence of the following:

Falling 50d EMA (1,408)
Price Polarity Level (Highlighted near 1,410)
50% Fibonacci Retracement (1,409)

There are of course other factors that align at … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Hungary To Mull Further Rate Cuts If Inflation, Risks Low

Posted: 27 Nov 2012 08:14 AM PST

    Hungary's central bank, which cut its base rate for the fourth time this year, will consider further rate cuts if inflation continues to fall and financial markets remain confident about the country.
    Magyar Nemzeti Bank repeated last month’s statement that it expects inflation to remain well above the bank's target this year and 2013 but then decline as the disinflationary impact of weak demand dominates and the effect of one-off price level shocks … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Oil Inches Higher

Posted: 27 Nov 2012 08:11 AM PST

11/27/12 Oil prices traded slightly higher Tuesday morning, as investors were encouraged by strong US retail sales figures and a deal in Europe to give Greece another round of bailout … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


US Stocks Slip Back Below Flat Line

Posted: 27 Nov 2012 08:02 AM PST

11/27/12 Wall Street traded on both sides of the flat line as economic data releases were digested. Optimism over the Greek debt deal was overshadowed by uncertainty over the ‘fiscal cliff’ … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Making Sense Of The Market

Posted: 27 Nov 2012 08:00 AM PST

When I appeared on Canada's Business News Network last week, Randy Cass challenged my thinking that it's the best time of the year for stocks. Rather than focusing on short-term factors that may be impacting the markets, I prefer following bigger historical patterns, such as the fact that the timeframe between November and January has resulted in the largest gains for the S&P 500 Index.
Take another cycle that we track here at U.S. Global Investors: the presidential cycle. In March … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Greece Gets Aid & Europe Rallies

Posted: 27 Nov 2012 02:48 AM PST

11/27/12 European policymakers agreed to a deal Monday evening that would allow Greece to get 44 billion euros in three tranches. Also, ConAgra Foods buys Ralcorp Holdings and U.S. durable goods orders come in … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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