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Market Outlook for February 1, 2012

admin — Sun, 05 Feb 2012 06:37:02 +0000

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Recap of the Latest Global News By Cory Vi & Andrew Su on Feb 1, 2012 Yet again markets were gripped by ‘europhoria’ surrounding the latest EU summit and more announcements surrounding plans to save Europe. European Union leaders meeting in Brussels have agreed on a fiscal treaty that will allow for action against high [...]

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Market Outlook for February 2, 2012

admin — Sun, 05 Feb 2012 05:37:03 +0000

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Recap of the Latest Global News By Cory Vi & Andrew Su on Feb 2, 2012 Yesterday, manufacturing strength around the globe from prompted a rally in the markets as investor focus was diverted from the European debt focus. Manufacturing data in the US grew at the fastest rate in seven months while manufacturing in [...]

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U.S. Dollar Reversal Underway, Euro Eyes 23.6% Fib

admin — Sat, 04 Feb 2012 06:37:02 +0000

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Talking Points U.S. Dollar: Index Threatens Downward Trending Channel, Labor Force Continues To Shrink Euro: Carves Out Lower Top, Greece Seeks Another EUR 15B British Pound: Upward Trend Gives Out, BoE To Conduct More QE U.S. Dollar: Index Threatens Downward Trending Channel, Labor Force Continues To Shrink The greenback extended the advance [...]

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EURO’s Volatility

admin — Fri, 03 Feb 2012 06:37:02 +0000

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EUR/USD started the day in London paring gains made yesterday after better manufacturing data eased worries about global growth. The market was quite subdued until Chinese Premier Wen suggested the possibility of more involvement in the developments of the EFSF and the ESM as well as positive comments regarding the shared currency and the euro [...]

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Iran, China and Crude.

admin — Fri, 03 Feb 2012 05:37:01 +0000

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While China is by no means the only large consumer of crude oil, the country’s growth trends have been reason enough to be bullish. Tags: growth trends, crude oil

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