DailyMarkets.com - Direxion Daily S&P 500® Bear 3x Shares (SPXS)

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• Direxion Daily S&P 500® Bear 3x Shares (SPXS)
• Namibia Holds Rate Steady To Counter Slow Global Growth
• Bears Chasing The “Loonie”
• Nikkei Trades Near 5-year Highs As Yen Continues To Weaken
• New Zealand Holds Rate, Still Sees Rate Steady Through 2013
• Gold, Crude Oil Gains Vulnerable On Soft US Data

Direxion Daily S&P 500® Bear 3x Shares (SPXS) Posted: 24 Apr 2013 07:18 AM PDT REBOUND EXPECTED … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Namibia Holds Rate Steady To Counter Slow Global Growth Posted: 24 Apr 2013 06:30 AM PDT     Namibia’s central bank held its benchmark repo rate steady at 5.50 percent, repeating that interest rates need to remain low to “support the economy and mitigate, as far as possible, the impact of endured slow growth in many our trading partners.”     The Bank of Namibia, which has held rates steady this year after cutting by 50 basis points last year, said the country’s economy was resilient and growth this year is forecast at 4.4 percent, down from an estimated 5.0 … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Bears Chasing The “Loonie” Posted: 24 Apr 2013 06:17 AM PDT Tuesday, April 23, 2013 The Canadian Dollar has been among the most popular risk currencies over the past five years. Traders’ love affair with the currency could be ending due to negative forecasts for the Canadian economy, which is expected to grow at a slower pace than much of the industrialized world. The recent growth concerns have resulted in some traders flocking to US Dollars in a flight to quality. The Loonie figures to be extremely sensitive to economic data; probably even more to … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Nikkei Trades Near 5-year Highs As Yen Continues To Weaken Posted: 24 Apr 2013 06:17 AM PDT Wednesday, April 24, 2013 The CME group offers trading in a Nikkei 225 futures contract that is denominated in U.S. dollars. The following are some of the key contract specs: OptionsXpress Symbol: NK Contract Size: $5 X Nikkei 225 Index Tick Size: 5 points = $25.00 Contract Months: March, June, September, December Settlement: Cash Settled Trading Hours: 5:00 pm to 4:15 pm Central Time Fundamentals The Bank of Japan’s (BOJ) plan to help stimulate the country’s moribund economy has seen some … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

New Zealand Holds Rate, Still Sees Rate Steady Through 2013 Posted: 24 Apr 2013 05:48 AM PDT     New Zealand’s central bank held its Official Cash Rate (OCR) steady at 2.5 percent, as expected, and repeated that “at this point” it still expects to keep the rate steady through 2013.     The Reserve Bank of New Zealand (RBNZ) said economic growth was picking up with consumer spending on the rise and rebuilding after the Canterbury earthquake gaining momentum, while house price inflation is high in some regions despite already elevated prices.     “The Bank … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Gold, Crude Oil Gains Vulnerable On Soft US Data Posted: 24 Apr 2013 05:45 AM PDT Crude oil and gold prices are trading higher as a risk-on mood boosts cycle-sensitive assets and weighs on the US Dollar but the landscape is far from clear ahead. Talking Points Oil, Copper Rise with Risk Appetite But Durable Goods Data a Threat Gold and Silver Find Support in Ebbing Haven Demand for US Dollar Commodity prices are on the upswing as risk appetite firms across financial markets. Cycle-sensitive crude oil and copper prices are following stocks higher while gold and silver are … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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