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Please explain the problem with the BWA average. The announcer read the numbers as they were released and clearly stated that they were being released in GAAP format. Followed by text summurizing other metrics and making a non-GAAP comparison. We are always looking for ways to improve our...

Energy Market Preview by Trade the News - The EIA releases its weekly natural gas storage data today at 10:30 a.m. The consensus estimate is –45 bcf. Yesterday, the EIA reported that crude inventories fell more than expected last week by 4.99M barrels due to lower imports, gasoline...

- On the U.S. calendar today are the releases of Initial Jobless Claims and Continuing Claims. Jobless claims are expected to be 320K, while continuing claims are seen rising to 2.45M from 2.446M. In Fed speak, Bies is speaking at a risk mitigation summit in Washington at 10:15 a.m. A few...

- The European indices are currently trading well into positive territory in the session as crude oil prices sit below the $54 handle. During the Asian session crude oil dropped below the $53 handle for the first time since June of 2005. - European Government Bonds are currently trading lower...

US Mid-Morning Recap by TradTheNews Staff - Equity futures are fighting to make it to positive territory after a lower open, as overseas markets traded generally lower across the board. AAPL is again buoying the NASDAQ as the iPhone momentum continues pushing the stock up another 4%. RIMM...

Treasury Market Preview by Trade the News Staff - In focus today are the releases of data on the U.S. Trade Balance for Nov at 8:30 a.m. and Wholesale Inventories for Nov. at 10:00 a.m. The Trade Balance deficit is expected to have risen to $60B from $58.9B, while Wholesale Inventories are...

Energy Market Preview by Trade the News Staff - The EIA releases its weekly inventory data at 10:30 a.m. According to a widely followed wire survey, crude inventories are expected to have fallen 1.5M barrels last week, gasoline inventories to have increased 2.5M and distillate inventories to...

- The European indices are currently trading in negative territory in the session led down by energy companies as oil prices have continued to trade lower over the past few days. Some equity analysts indicating that sentiment towards the energy sector will be cautious over the next few weeks. -...

Double-top pattern underway for EUR/USD on the 4-hour chart with 1.2800 as the objective on a measured move basis. The stronger US payroll data from last Friday has elected a “Double Top chart pattern in the EUR/USD currency pair. The break of the neckline established at 1.3050 sets up a...

US Markets Mid-Morning Recap by TradeTheNews Staff - Crude futures set the tone in early equity trading as continued momentum selling has pushed the Feb contract below $55. The energy complex is under considerable pressure with the OSX off 1.6% while coal, tanker, and refining stocks are...

- Agree with your longer term assesment especially when in context with the overall decline in commodity prices. But that doesnt preclude traders from focusing on very short term implications. Specialists can always jam stocks on the open to create an early scalping opportunity and that was...

The lower oil prices can have an impact on the currency markets. Historically the FX market used to trade the oil spread (gbp/yen) on oil price movements. The market used trade FX accordingly on oil movements. to buy yen when oil was weak and vice versa given the fact that Japan imported 100%...

- With Feb Crude futures down another 3+% and looks to be heading to the Psychologically important $50 area there is some pre-market strength in some of hte more sensitive sectors. - Areas to watch are certainly airlines and watch for the DJ Transportation average to get a pust from lower...

Thank you Nitro for the compliment! Trade The News Analysts will continue to post their market updates 24hrs daily for the Asia, Europe, Americas, Treasury and Energy Markets. Elite Trader members are welcome to post responses and questions directly to the analysts who are actively...

Energy Market Preview by Trade the News Staff - Tomorrow the EIA releases its weekly energy inventory data. According to a major wire survey, crude inventories are expected to have fallen 500K barrels last week, gasoline inventories to have risen 2.6M barrels and distillate inventories to...

Treasury Market Preview by Trade the News Staff - There is only one minor release scheduled for today, the IBD/TIPP Economic Optimism Index for Jan at 10:00 a.m. No Fed speak is scheduled for today. In pre-market releases, The U.S. Small-Business Owners Index fell in Dec. to 96.5 from 99.7 in...

US Markets Mid-Morning Recap by TradeTheNews Staff - Decliners handsomely outpace advancers on the Dow with only a handful on names green. IBM is up 1.5% after a pre-market downgrade while WMT is off 0.5% after being cut to Neutral at Goldman Sachs. - Marinemax, HZO has lost 12% after...

Treasury Market Preview by Trade the News Staff - There is only one release on the U.S. calendar today, Consumer Credit for Nov. The estimate is +$5.4B. In Fed speak, Vice-Chairman, Kohn, speaks on the economic outlook in Atlanta at 12:45 p.m. In December, Kohn said that inflation was...

Energy Market Preview by Trade the News Staff - The main pipeline operator in Belarus said today that the Druzhba pipeline will be up and running today. The pipeline supplies Germany, the Ukraine and Poland. Belarus blamed Russia earlier for reducing pressure in the pipeline. And just a few...

EUR/USD falls below 1.30 as USD is seen consolidating for now - Australia's November building permits rose m/m by 4.0% v 2.0% expected, the first rise in building permits since September. The strong building permits release was coupled with AiG's constructing index expanding for the first...