Thursday, May 2, 2013

DailyMarkets.com - Late Corn Plantings Could Boost Bean Crop Size

DailyMarkets.com - Late Corn Plantings Could Boost Bean Crop Size

Late Corn Plantings Could Boost Bean Crop Size

Posted: 02 May 2013 08:17 AM PDT

Thursday, May 2, 2013
Soybean futures have been under pressure in recent weeks, despite the prospect of late plantings. The delay in plantings could actually result in higher Soybean plantings from farmers that missed the window in Corn. Some traders are also concerned about slowing growth in China, which may result in decade low demand, as well as record South American exports. Central bank activity should be supportive for commodities as a whole. The Fed indicated that it would continue … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Wall Street Treks Higher As Jobless Claims Decline

Posted: 02 May 2013 08:02 AM PDT

05/02/13 US equities advanced as weekly jobless claims fell more-than-expected. Earnings from GM, Fcaebook and Yelp added to the positive … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Look For Bullish Reversal In Uranium Miners As Electricity And Air Pollution Rates Soar

Posted: 02 May 2013 07:52 AM PDT

Cameco (NYSE:CCJ), one of the world's largest uranium producers came out with earnings below analysts estimates as the price of uranium continues to base at the $40 mark.  Look for a possible bullish reversal despite the negative news.  Remember earnings reports are lagging indicators and do not show the potential growth in the uranium sector.
The uranium price is down 40% percent since the Fukushima disaster in March of 2011 as Japan and Germany made a political, knee-jerk reaction to … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Romania Holds Rate, Narrows Standing Facility Corridor

Posted: 02 May 2013 07:21 AM PDT

    Romania’s central bank kept its policy rate steady at 5.25 percent and will continue to provide adequate liquidity to banks but narrowed the symmetrical corridor around its standing facilities by 100 basis points to plus/minus 3 percentage points to “moderate interest rate volatility on the money and banking markets.”
    The National Bank of Romania (NBR), which has held its key rate steady since a 25 basis point cut in March 2012, said the interest rate on its Lombard … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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