Friday, December 7, 2012

DailyMarkets.com - US Stocks Turn Mixed After Jobs Data

DailyMarkets.com - US Stocks Turn Mixed After Jobs Data

US Stocks Turn Mixed After Jobs Data

Posted: 07 Dec 2012 08:01 AM PST

12/07/12 Wall Street is paring earlier gains, with the equity averages turning mixed. The US jobs report showed a gain in nonfarm payrolls and a dip in the unemployment … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

A Better December Jobs Report? Wait, Revise That

Posted: 07 Dec 2012 06:38 AM PST

The unemployment report for the month of November was just released and is better than expected with non-farm payrolls increasing by 146, 000 jobs and the overall unemployment rate dropping to 7.7%. Happy times are here again, right? Wait, revise that.
While many pundits in Washington and on Wall Street are more than welcome to go little further than the headline numbers, let's go behind the curtain and look a little bit closer. What do we see? Ooh, what's this on the very last line of the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

US Jobs Growth Expands In November

Posted: 07 Dec 2012 06:36 AM PST

12/07/12 The employment report for November topped expectations. Nonfarm payrolls rose by 146,000, and the unemployment rate dipped to … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Drivers Get Early Christmas Present

Posted: 07 Dec 2012 06:18 AM PST

Friday, December 7, 2012
Two consecutive large builds in Gasoline inventories have set a near-term bearish tone for the RBOB Gasoline futures, as a formerly tight inventory situation is being remedied. Though U.S. Gasoline supplies are nearly 3 million barrels below last year’s totals, increased refinery rates and slack consumer demand have allowed inventories to move above the 5-year average.
Fundamentals
U.S. Gasoline inventories posted their largest increase in 11 years last week, sending … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Dec. 7, 2012: ECB Rate Cut Possible If Situation Does Not Improve: Makuch

Posted: 07 Dec 2012 05:23 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.)

ECB rate cut possible if situation does not improve: Makuch (Reuters)
German, Austrian central banks see grim 2013 as crises bites (Reuters)
Fed exit plan may be redrawn as assets near $3 trillion … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Commodities: Oil May Rise, Gold Outlook Murky As All Eyes Turn To NFP

Posted: 07 Dec 2012 05:02 AM PST

Crude oil may rise but the outlook for gold appears clouded as markets await November's US jobs report, with volatility risk seemingly stacked on the upside.
Talking Points

Crude Oil, Copper to Rise if US Jobs Report Yields Upside Surprise
Gold, Silver Outlook Clouded as NFP Generates Mixed Dollar Cues

Commodities are treading water in European trade as traders await the much-anticipated US Employment report. Expectations suggest payrolls rose by a paltry 85,000 in November to mark the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
at

No comments:

Post a Comment