EG Shares launched a new emerging markets ETF last week, the Emerging Markets Core ETF ( EMCR , quote ). [caption id=”attachment_62740″ align=”alignright”
Author Archives: Trade Advantage
Warren Buffett says hopes Bernanke stays at Fed for third term
Legendary investor Warren Buffett on Wednesday said he hoped Ben Bernanke would stay for a third term as the head of the Federal Reserve, even with reports that Bernanke would prefer to leave when his …
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Warren Buffett says hopes Bernanke stays at Fed for third term
Motorola Solutions beats estimates on government spending
Motorola Solutions Inc reported a better-than-expected third-quarter profit on strong government spending but the communication gear maker forecast current-quarter earnings largely below market estimates. …
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Motorola Solutions beats estimates on government spending
FinMin: Greece achieves 2 years extra on bailout
Finance Minister Yannis Stournaras says Greece has achieved an extension to meet the terms of its international bailout program.Greece’s government has been locked in talks with its international creditors …
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FinMin: Greece achieves 2 years extra on bailout
Gold prices trading at $1708
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Gold prices trading at $1708
The bulls come back to UnitedHealth
The bulls targeted UnitedHealth for the second session in a row yesterday. optionMONSTER’s tracking programs detected the purchase of about 10,000 November 60 calls for $0.32 and $0.33. Open
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The bulls come back to UnitedHealth
Stocks to Watch: Big earnings to watch Wednesday: AT&T, Boeing
Quarterly results are due Wednesday from Dow components AT&T and Boeing, along with reports from Eli Lilly, Zynga and Kimberly-Clark.
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Stocks to Watch: Big earnings to watch Wednesday: AT&T, Boeing
UK: CBI Industrial Trends Survey – Orders (MoM): -23.000
Date (GMT) Event Cons. Actual Previous Oct 24 10:00 CBI Industrial Trends Survey – Orders (MoM) -6.000 -23.000 -8.000 Read the official report at Confederation of British Industry News Forex: EUR/GBP falls further after UK data (FXstreet.com) Wed, Oct 24 2012, 10:14 GMT United Kingdom Oct CBI Industrial Trends Survey – Orders (MoM): -23 vs -8 (Sep) (FXstreet.com) Wed, Oct 24 2012, 10:00 GMT
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UK: CBI Industrial Trends Survey – Orders (MoM): -23.000
DE: 10-y Bond Auction: 1.560 %
Date (GMT) Event Cons. Actual Previous Oct 24 09:38 10-y Bond Auction 1.560 % 1.520 % Read the official report at Deutsche Bundesbank News Germany 10-y Bond Auction up to 1.56% from 1.52% (FXstreet.com) Wed, Oct 24 2012, 09:38 GMT
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DE: 10-y Bond Auction: 1.560 %
The ‘financial week’ begins today …
Review: A few poor economic indicators from Spain as well as some problems caused by one of the coalition partners in the Greek government in respect of the current negotiations with the Troika (EU/IMF/ECB) sent negative waves through the financial markets. As expected the Bank of Canada did not change its interest rate and softened its rhetoric – CAD strengthened against USD. The overnight HSBC PMI data for manufacturing industry in China came out at 49.1 against 47.9 the last time. AUD
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The ‘financial week’ begins today …
Crude Oil Technical Outlook 10/24
US OIL closed lower on Tuesday and the lowrange close sets the stage for a steady to lower opening when Wednesday’s night session begins. Stochastics and the RSI are bearish signalling
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Crude Oil Technical Outlook 10/24
GBPUSD Three Inside Down Hourly Chart
Resistance: 1.6013 moderate/1.6073 minor/1.6123 minor Support: 1.5963 strong/1.5902 moderate/1.5852 minor GBPUSD is generally bullish with a high level bearish reversal pattern Three Inside Down in Hourly charts just above a strong support level at 1.5963, the Pivot Point. Look to sell on a push under 1.5963 with stop losses just above the Three Inside Down high. Our immediate objective is 1.5902 break of which may see us dropping to 1.5852. Learn more about the chart patterns and how to
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GBPUSD Three Inside Down Hourly Chart
Copper rebounds from six-week low on China optimism
(Reuters) – London copper rebounded on Wednesday from a six-week low on signs of growth recovery in top consumer China , although gains are likely to be capped as investors wait to hear
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Copper rebounds from six-week low on China optimism
Brent snaps six-day losing streak, near $109 after China data
(Reuters) – Brent crude futures climbed more than $1 on Wednesday, snapping a six-day losing streak after economic data from China suggested a gradual recovery in the world’s No. 2 oil
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Brent snaps six-day losing streak, near $109 after China data
Germany: IFO – Business Climate down to 100 in October
FXstreet.com (Barcelona) – According to data published on Wednesday by the CESifo Group, German IFO – Business Climate slid further from 101.4 in September to 100 in October. This is lower than
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Germany: IFO – Business Climate down to 100 in October
Coffee Technical Analysis 10/24
US COFFEE CFD close lower on Tuesday and the lowrange close sets the stage for a steady to lower opening on Wednesday. Stochastics and the RSI are turning neutral to bullish hinting
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Coffee Technical Analysis 10/24
Forex Flash: AUD/USD outlook changes positively – ANZ
FXstreet.com (Barcelona) – “The near-term outlook for the Australian dollar has changed following the release of today’s local prices data and China’s partial activity data – we now expect
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Forex Flash: AUD/USD outlook changes positively – ANZ
Forex Flash: What lies ahead of EUR/USD? – Commerzbank, BTMU and Rabobank
FXstreet.com (Barcelona) – The euro can’t find any traction on Wednesday, orbiting around the 1.2925/30 region and trading in the lower end of today’s range so far. Disappointing flash PMI data
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Forex Flash: What lies ahead of EUR/USD? – Commerzbank, BTMU and Rabobank
Forex Flash: Bunds break resistance at 140.48 level – RBS
FXstreet.com (Barcelona) – According to Technical Strategist Dmytro Bondar at RBS, “The price action broke the 140.48 resistance after consolidating within the 139.50-140.48 region.
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Forex Flash: Bunds break resistance at 140.48 level – RBS
Virgin Media seen holding big gains
One investor apparently thinks there’s no going back for Virgin Media as the stock hits new highs. optionMONSTER’s tracking programs detected the sale of 2,600 June 32 puts for $1.60 and $1.65
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Virgin Media seen holding big gains
