Wednesday, April 24, 2013

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

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


Direxion Daily S&P 500® Bear 3x Shares (SPXS)

Posted: 24 Apr 2013 07:18 AM PDT

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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