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Market Overview by Forex Yard
Economic News
* USD
With New Home Sales on Tap Will EUR/USD Test 1.4550?
Intra-day gains in the dollar on a better-than-expected U.S. Existing Home Sales report tended to be short lived even though stabilization in the U.S. housing market is seen as critical...
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Varengoldbank FX - Daily FX Report
This morningÂs Daily FX Report by the VarengoldbankFX trading desk team including a review of the Forex and currency markets, technical analysis, key pivot points and the daily economic calendar.
Click for the full report.
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Forex & Economic Commentary by Lloyds TSB
A light agenda lies ahead for UK indicators this week, but updates on house prices, retail spending and consumer confidence will leave plenty for market participants to digest regarding to the outlook for the economy in the second half of the year.
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Dukascopy Daily Forex Overview
On Monday, the dollar strengthened against the euro, but was still down versus the yen, which acted as a shelter from current uncertainty.
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Market Update from Trade The News
European Market
Update: Euro Sinks as IFO Falls Below Expectations
·*** DATA ***
·GE Q2 Final GDP
Q/Q: -0.5% v -0.5%e || Prior revised from 1.5% to 1.3%
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Betonmarkets.com morning report
Please find below the Morning Report from David Evans, market analyst at BetOnMarkets.com
The FTSE is currently indicating a lower opening as traders wait for the release of the UK house prices. Analysts are expecting that prices will fall 1.5% however it...
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German IFO Falls To Three Year Low
See the article...
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Silver Takes Home The Gold When It Comes To Medals, But Not ETFs
We know who took home medals at the Olympics, but did exchange traded funds (ETFs) come out a winner? The final tally for US medals is 36 gold, 38 silver and 36 bronze. Not bad! Sorry Michael Phelps, but those gold medals...
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McDonald’s Stock On The Rise
McDonald’s Corp. (MCD) shares have continued to perform well in response to the company’s strong international presence and increased operational efficiencies. Second-Quarter Results. These factors were the primary drivers behind ...
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Grey Wolf Shareholders Should Hold Out For Better Offer!
Sunday brought news that Precision Drilling Trust (PDS) would make another attempt to acquire Grey Wolf, Inc. (GW) for approximately $2 billion. There have been a flurry of rumors and bids for Grey Wolf since it put itself up for sale....
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SPX And VIX Three Month Futures Premium
Friday’s post, VIX Slips Below 19, appears to have raised some interest in VIX futures premiums (or “premia” for the more scholarly inclined). Looking three months out, the VIX November 2008 futures contract (VIX/X8) has been open since ...
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CryoLife Estimates Upped
CryoLife, Inc. (CRY) reported Q2 EPS that beat our estimate by $0.05 on revenue that also exceeded our forecast. We again increased our FY08 revenue and EPS estimates. We also increased our FY09 revenue and EPS estimates. ...
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Bayer Risk, Reward Balanced
Bayer AG (BAYRY) has been shifting its focus on the healthcare segment in the past few years in order to maintain solid growth in the long run. The acquisition of Schering AG should improve its product portfolio, and we expect ...
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Financial ETFs Beat Up By Lehman Speculation, AIG Loss Estimates
Financial and real estate exchange traded funds (ETFs) have got a real case of the Mondays. Uncertainty still abounds in the financial sector. Lehman Brothers (LEH) shares dropped midday after speculation about the future of...
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Forex Trading News: AUDUSD Hits 7-Month Low
The USD was able to gain momentum today as traders were apparently selling currencies of further troubled economies. The EURUSD creeped towards 6-month lows as the AUDUSD hit a 7-month low. The AUDUSD has found some nice support here ...
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