Monday, November 12, 2012

DailyMarkets.com - US Stocks Slip After Higher Open On Veterans Day

DailyMarkets.com - US Stocks Slip After Higher Open On Veterans Day

US Stocks Slip After Higher Open On Veterans Day

Posted: 12 Nov 2012 07:57 AM PST

11/12/12 Wall Street pared gains seen at the market open, turning lower in mid-morning trade. Broader concerns about the ‘fiscal cliff” and ongoing Euro zone worries weighed on … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Global Markets Mixed, Greece Passes 2013 Budget, & Veterans Day Observed

Posted: 12 Nov 2012 02:55 AM PST

11/12/12 Global markets were mixed to start the week while U.S. banks and bond markets were closed in observance of Veterans Day. Also, Greece passed its 2013 government budget and Chinese bank new loans dipped … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

IShares Gold Trust (IAU) : Buy @ $1689

Posted: 12 Nov 2012 07:18 AM PST

Bulls Sour On Sugar Prices

Posted: 12 Nov 2012 06:18 AM PST

Monday, November 12, 2012
Fresh bearish fundamental news out of Brazil and a stronger U.S. Dollar are two factors keeping bears in control of the Sugar market. Sugar demand has not picked up even with prices at 2-year lows, which may be a signal that prices need to trend even lower to draw commercial buyers back into the market.
Fundamentals
Sugar prices continue to slump, falling to lows not seen since late 2010, as ample Brazilian supplies and better output from India have kept rallies in … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

How Bear Stearns Really Screwed Investors

Posted: 12 Nov 2012 05:57 AM PST

The Wall Street Journal reports this morning that JP Morgan (NYSE:JPM) will merely pay a fine for transgressions that occurred at Bear Stearns prior to the large money-center bank's life-saving takeover of the former Wall Street broker.
With merely a fine to be paid, global investors and American taxpayers are once again left scratching their head wondering if the transgressions involved happened without any sort of meaningful human involvement. I mean, how is that JP Morgan (NYSE:JPM) will pay a … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Nov 12, 2012: U.S. Fiscal Cliff Threatens World Economy, Australia’s Swan Says

Posted: 12 Nov 2012 04:23 AM PST

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.)

U.S. fiscal cliff threatens world economy, Australia’s Swan says (Bloomberg)
Turkey may cut rates if lira stays strong-central bank (Reuters)
Two quarter-point rate cuts are next in Poland: … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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