Been At Creating Moderately

Dow down slightly yesterday. Oil falling further below $100. And gold still going up. What is most interesting is the movement in the price of gold. It seems to be heading up again — almost no matter what else is happening. So, let’s look at what might be going on… If investors sensed a recovery…they would expect banks to lend more freely…people to shop more freely…and prices to rise. This would raise consumer prices; the price of gold should go up. But if the market sees growth and inflation ahead, why is oil slipping? And why is the Baltic Dry Index — which measures shipping prices — at a 25-year low? And how come last month’s employment figures were disappointing? And why aren’t stock market prices going up? Most important, if the economy is really recovering, why is the 10-year ...

Data on confidence yesterday also signaled a mild downtick in outlook from the previous month. The news has had some impact on the forex market, though it could magnify through longer-term analyses on US financial markets should increases in investment and spending increase over the coming months. Economic News USD - Dollar Trading Bullish as Pessimism Dominates Trading The US dollar (USD) was seen trading mildly bullish Tuesday as investors weighed the impact of recent consumer confidence and investment reports from the American economy. A sudden wave of risk appetite last week seemed to have pushed down on the USD, but pessimism emerging early this week held back some of those losses. Data on confidence yesterday also signaled a mild downtick in outlook from the previous month. The ...

With yesterday's inflationary data out of Britain, it seems the pessimism in Europe isn't trickling across the English Channel, at least for now. Holiday spending and recent upticks in manufacturing should shore up the pound's advances this month. Economic News USD - Dollar Trading Sideways as Optimism Dominates Trading The US dollar (USD) was seen trading mildly bullish Tuesday as investors weighed the impact of recent PPI and investment reports from the American economy. A sudden wave of risk appetite last week seemed to have pushed down on the USD, but pessimism emerging early this week held back some of those losses. Data on inflation and investment yesterday also signaled a mild uptick in outlook from the previous month. The news has had some impact on the forex market, though it ...

Data on American economic optimism yesterday signaled an uptick in outlook from the previous month, as reported by IBD/TIPP. The news has done little to the forex market, however, though it could ripple through longer-term analyses on US financial markets should further dips in industry be reported. Economic News USD - Dollar Remains Strong as Debt Auctions Weigh on Euro Zone The US dollar (USD) was seen trading mildly bullish Tuesday as investors weighed the impact bond auctions in Greece and Italy will have on the euro zone. A sudden wave of risk aversion last week seemed to have helped the greenback surge, and pessimism about sovereign debt in Europe is supporting this pressure. The EUR/USD seems to be floating closer to 1.33 as technical pressures also begin to mount. Data on ...

The euro appears to have fallen mildly against a number of its currency rivals yesterday after the European Union and International Monetary Fund (IMF) announced their expected plans for a bailout of Portugal. As a result, the EUR/USD came off its recent 17-month high of 1.4900 to trade moderately lower, near the 1.4820 mark at today's Asian market open. Economic News USD - Safe Havens Gain, USD Mixed, as Investors Move to Safety The US dollar experienced mixed results yesterday as traders began to shift away from riskier assets citing expectations for al Qaeda reprisals following Osama bin Laden's death. The USD moved lower against the safe haven Swiss franc and Japanese yen on global concerns while stocks and commodities begin to trade flatter. The USD did see some minor gains ...

(Reuters) - New claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, but held below a key level associated with labor market recovery. The U.S. trade deficit widened much more than expected in January to $46.3 billion, as surging imports of oil, capital goods and cars overpowered record exports. KEY POINTS: * Initial claims for state unemployment benefits increased 26,000 to a seasonally adjusted 397,000, the Labor Department said, after falling to a 2-1/2 year low the prior week. * Economists polled by Reuters had forecast claims rising to 378,000. The prior week's figure was revised slightly up to 371,000 from the previously reported 368,000. * Analysts had expected the trade gap to grow moderately to $41.5 billion, from a revised ...