http://www.followwatch.com Financial Outlook Blog - Stock Market - Economic News Fri, 18 May 2012 16:58:14 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 http://www.followwatch.com/2012/05/gold-mining-stocks-a-screaming-buy-gdx-gdxj-etf-daily-news-blog/?utm_source=rss&utm_medium=rss&utm_campaign=gold-mining-stocks-a-screaming-buy-gdx-gdxj-etf-daily-news-blog http://www.followwatch.com/2012/05/gold-mining-stocks-a-screaming-buy-gdx-gdxj-etf-daily-news-blog/#comments Fri, 18 May 2012 16:58:14 +0000 admin http://www.followwatch.com/?guid=be3324819d43f9d6d712f62dd91ddc9e

Gold Mining Stocks: A Screaming Buy? (GDX, GDXJ)
ETF Daily News (blog)
The weak dollar combined with accelerated money printing is what Keiner believes will drive gold this year and for the next three. Keiner said the big buy now is in the gold mining stocks. There are small miners trading at PEs of 2. That's cheap!

]]> http://www.followwatch.com/2012/05/gold-mining-stocks-a-screaming-buy-gdx-gdxj-etf-daily-news-blog/feed/ 0 http://www.followwatch.com/2012/05/fitch-downgrades-greek-banks-to-ccc-reuters-fxstreet-com/?utm_source=rss&utm_medium=rss&utm_campaign=fitch-downgrades-greek-banks-to-ccc-reuters-fxstreet-com http://www.followwatch.com/2012/05/fitch-downgrades-greek-banks-to-ccc-reuters-fxstreet-com/#comments Fri, 18 May 2012 16:19:39 +0000 admin http://www.followwatch.com/?guid=43bc5c2d3635e38d245e6d8999b0f952

Fitch downgrades Greek banks to CCC–Reuters
FXstreet.com
EUR/USD can't decide whether it is a weak dollar play or a risk-off play today, so it is doing both, within a 1.2705/1.2740 range... The opinions and analysis offered on Forexlive are for educational purposes only and clients and prospects are advised ...

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Globe and Mail (blog)

At midday: Loonie slides due to falling oil prices
Globe and Mail (blog)
The Canadian dollar gave up early gains late morning Friday amid nervousness about the future of the euro zone while oil and copper prices gave up early gains. It had been positive for most of the morning as data showed that the inflation rate was ...
Loonie moves lower amid falling oil prices, nervousness about future of eurozoneGlobal Edmonton

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]]> http://www.followwatch.com/2012/05/at-midday-loonie-slides-due-to-falling-oil-prices-globe-and-mail-blog/feed/ 0 http://www.followwatch.com/2012/05/oil-prices-lower-ahead-of-g8-summit-the-associated-press/?utm_source=rss&utm_medium=rss&utm_campaign=oil-prices-lower-ahead-of-g8-summit-the-associated-press http://www.followwatch.com/2012/05/oil-prices-lower-ahead-of-g8-summit-the-associated-press/#comments Fri, 18 May 2012 15:54:00 +0000 admin http://www.followwatch.com/?guid=f7e69c2135d7a515fbdcb00a1dd1e7ec
CBS News

Oil prices lower ahead of G8 summit
The Associated Press
By AP – 1 minute ago Oil prices are lower ahead of a weekend meeting where leaders of the world's biggest economies will look for ways to help Europe resolve its debt crisis. Benchmark oil fell 60 cents to $91.96 per barrel on Friday in New York.
Oil Prices Eye 6th DeclineWall Street Journal

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FRANCE 24

Oil prices decline on debt crisis concerns; Brent spread narrows
Washington Post (blog)
May 18 (Bloomberg) -- Oil headed for its third weekly decline in New York and fell to this year's low in London on concern that demand will falter as Europe's debt crisis worsens. West Texas Intermediate futures were little changed after closing at the ...
Oil Prices Slide on Eurozone TurmoilFox Business
Xtreme Oil & Gas Inc. (XTOG)MarketWatch
Oil prices slide to multi-month lowsFRANCE 24
Business Today -Business Spectator
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Daily Bhaskar

Eurozone debt crisis: How it affects you
Daily Bhaskar
One would certainly not suggest that it is without its own problems — supply-chain dislocations, state and local government corruption concerns, a stock market down 10 per cent year-to-date, compared to a flat UK market and a buoyant 5-10 per cent ...

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Kenya PM: Sudan conflict threatens world oil prices
CNN
(CNN) -- The spiraling conflict between Sudan and South Sudan poses a threat to world oil prices, the prime minister of neighboring Kenya has warned. Speaking to CNN's Jim Clancy, Raila Odinga called on the international community to take a more active ...

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]]> http://www.followwatch.com/2012/05/kenya-pm-sudan-conflict-threatens-world-oil-prices-cnn/feed/ 0 http://www.followwatch.com/2012/05/oil-prices-and-the-death-of-greece-stockhouse/?utm_source=rss&utm_medium=rss&utm_campaign=oil-prices-and-the-death-of-greece-stockhouse http://www.followwatch.com/2012/05/oil-prices-and-the-death-of-greece-stockhouse/#comments Fri, 18 May 2012 12:37:35 +0000 admin http://www.followwatch.com/?guid=ce8d9bbeb6ea6b2928de8c151695ccea
Globe and Mail

Oil prices and the death of Greece
Stockhouse
The downward movement in oil prices this week in both London and on the NYMEX testified to the rising concern. The aftermath of the Greek elections propelled the new radical left party SYRIZA into the limelight as the second strongest party in the ...
Global stocks, oil drop on latest euro zone fearsCNBC.com
A Greek Exit From The Euro Could Send Gas Prices Zooming HigherBusiness Insider
GLOBAL MARKETS-Stocks, oil drop on latest euro zone fearsReuters Africa
Sydney Morning Herald
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Oil Prices Slide as Inventories and Euro Zone Concerns Grow
MarketWatch (press release)
NEW YORK, NY, May 18, 2012 (MARKETWIRE via COMTEX) -- Oil stocks have fallen along with sliding oil prices recently. The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) has dropped nearly 8 percent in the last month. Earlier this week benchmark ...

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]]> http://www.followwatch.com/2012/05/oil-prices-slide-as-inventories-and-euro-zone-concerns-grow-marketwatch-press-release/feed/ 0 http://www.followwatch.com/2012/05/weak-dollar-slammed-usdjpy-under-80-again-international-business-times/?utm_source=rss&utm_medium=rss&utm_campaign=weak-dollar-slammed-usdjpy-under-80-again-international-business-times http://www.followwatch.com/2012/05/weak-dollar-slammed-usdjpy-under-80-again-international-business-times/#comments Fri, 18 May 2012 09:42:41 +0000 admin http://www.followwatch.com/?guid=38a07650ebeb24d9c62091aabdcef1c2

Weak Dollar Slammed USD/JPY Under 80 Again
International Business Times
On Thursday Dollar/Yen decreased significantly with almost 130 pips. The currency couple depreciated from 80.40 to 79.12 yesterday, matching the negative money flow sentiment at around -18%, closing the day at 79.25. This morning the Dollar is trading ...

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]]> http://www.followwatch.com/2012/05/weak-dollar-slammed-usdjpy-under-80-again-international-business-times/feed/ 0 http://www.followwatch.com/2012/05/as-oil-prices-fall-do-speculators-deserve-credit-daily-caller/?utm_source=rss&utm_medium=rss&utm_campaign=as-oil-prices-fall-do-speculators-deserve-credit-daily-caller http://www.followwatch.com/2012/05/as-oil-prices-fall-do-speculators-deserve-credit-daily-caller/#comments Fri, 18 May 2012 02:54:33 +0000 admin http://www.followwatch.com/?guid=ffb00fc9f04ed6bac22ac1637df5e1e7
Daily Caller

As oil prices fall, do speculators deserve credit?
Daily Caller
It was only back in February when rapidly rising oil prices produced fears of a prolonged recession and stunted global growth. Many politicians, including President Barack Obama, blamed oil speculators, who bid on the future price of oil.

]]> http://www.followwatch.com/2012/05/as-oil-prices-fall-do-speculators-deserve-credit-daily-caller/feed/ 0 http://www.followwatch.com/2012/05/japan-govt-ups-economic-outlook-on-consumption-exports-reuters/?utm_source=rss&utm_medium=rss&utm_campaign=japan-govt-ups-economic-outlook-on-consumption-exports-reuters http://www.followwatch.com/2012/05/japan-govt-ups-economic-outlook-on-consumption-exports-reuters/#comments Fri, 18 May 2012 01:41:31 +0000 admin http://www.followwatch.com/?guid=3692139df538a1f56067c2fc44d6821b
Bloomberg

Japan govt ups economic outlook on consumption, exports
Reuters
* Reconstruction after quake helps Japan outlook * Govt more upbeat on consumer spending and exports * Concerns on euro zone crisis and market turmoil remain TOKYO, May 18 (Reuters) - Japan's government took a brighter view of the economy in a report ...
Japan government ups economic outlook on consumption, exportsChicago Tribune
Japan Growth Pick-Up Clouded by Deepening European RiskBusinessWeek

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