First Uranium on the move
Penny stock First Uranium Corp [stock FURAF] jumped 20% yesterday on company news.
Ahead of the Open Bell
Will the trend continue in U.S. markets? Each time the S&P 500 [stock ^SPX] began the week down 1% or more such as yesterday the U.S. markets closed the week out lower 5 out 6 times.
Analysis Upgrades and and Downgrades for June 11
Analysis Upgrades and and Downgrades for the close of June 11, 2012
Today’s Afternoon New 52 Week High and Low
Today’s afternoon new 52 week high and low for June 11, 2012
Euro Clears Previous Weekly High to Expose Fresh Upside Towards 1.2800
Markets are off to a positive start in the early week, with two key developments over the weekend seen as the primary drivers for the initial surge in risk correlated assets. The news that EU assistance to the Spanish banking sector in the amount of Eur100B has well exceeded estimates of most analysts, while Chinese data was not as bad as many had feared. Both of these developments have resulted in a market rally driven by the expectation that the global economy will continue to be supported by proponomics.
Analysts Upgrades and Downgrades Ahead of the Bell
Analysts Upgrades and Downgrades Ahead of the Bell as June 11, 2012 8:30 a.m. EDT
Ahead of the Open Bell
U.S. traders are coming off the best week thus far in 2012. The EU announcement of a plan to bailout Spanish banks is helping to continue the market drive into the start of the new trading week.
Breaking News – U.S. Futures
Breaking News – U.S. Futures
Asian Markets Rally on European Finance Ministers Bailout
Asian markets begin the week off with a big bang Monday morning – Sunday evening in the U.S after the European Finance Ministers approved to provide Spain euros for a banking bailout.
New Zealand Dollar Rebound Threatened by Dovish RBNZ
The New Zealand Dollar was the second best performer this week, finishing just 0.12 percent lower against the top performer, the Australian Dollar. The Kiwi crushed the safe haven currencies, the Japanese Yen and the US Dollar, appreciating by 3.72 percent and 2.05 percent, respectively. As Currency Strategist Ilya Spivak frequently notes, the New Zealand Dollar has a very tight correlation to the MSCI World Stock Index, so the commodity currency is at bay to global risk trends.
You must be logged in to post a comment.