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The Central Banks have been "printing" money for many years now....This includes the FED, BOJ and others. Back in late 2001 the global issue of "Deflation"re-emerged and the Central Banks again went into a mode of "Inflate or die". The printing presses of money thus were implemented This...

As expected Bernanke did not address the economy or economic policy. No Q&A session expected

- Feb Gold Futures close down $19.20 (3.1%), largest one day drop since Oct 3, 2006 and March silver was off 4.5% - IIt should also be noted that so far the Euro and Pound have held above those Nov breakout levels as well. Something to watch next week I guess.

Note that the topic is "central banking and bank supervision" and no Q&A session is scheduled. These two things taken together means Bernanke is likely not going to address the economy at all. Don't expect alot of fireworks

US Mid-Morning market recap by TradeTheNews - Equity futures were heading lower in the pre-market on the back of weak overseas trade and a plethora of big-name downgrades. December non-farm payrolls came in more than 50k jobs above estimates and average hourly earnings increased by 0.5%...

Lower commodities are a net positive for the broad markets, though a small postive, since it is largely offset by the damage lower prices will do to the Metals & Mining, and Oil & Gas sectors A slower US economy this year could help keep commodities depressed, though the bigger question may...

Hello Belmondo, Thank you for your interest in Trade The News. We offer 2 Credit/FX packages: 1) Credit/FOREX Audio + Text for $174.99/mo or 2) Credit/FOREX Text Only for $39.99/mo Both packages offer real-time streaming headlines, the various market updates you will see posted to ET...

-agreed silver getting crushed today as well...could not figure it out either as the Dollar has been strong throuhout the week -i guess the question is this commidty move more supply driven as with inventories in oil and copper or is it confirming what the bond market has been suggestiong for...

- after slipping through the 200-day SMA yesterday Feb gold has moved to a three month low below the 200-day exp moving average of $616 - we have seen open interest in crude and copper futures contracts rise as shorts piled on exacerbating the negative price action possibly setting up for a...

Energy Market Preview by Trade the News Staff - The EIA releases its weekly natural gas inventory today. According to a widely followed wire survey, natural gas inventories are expected to have fallen 60 bcf. As of last week, natural gas inventories were 17.2% higher versus a year ago. Should...

Treasury Market Preview by Trade the News Staff - In focus today are the releases of Non-Farm Payrolls, the Unemployment Rate, Average Hourly Earnings, Manufacturing Payrolls and Average Weekly Hours, all for Dec. Non-Farm Payrolls are expected to show a gain of 100,000, the unemployment rate...

Traders ignore record business confidence indicators in Europe as they wait for US payrolls data to provide direction Despite the Euro's strong performance in 2006, the business climate indicator for the Eurozone rose to 1.60, its highest ever level. More notably, the data showed that...

Japanese bond prices rally on expectations that US nonfarm payrolls will be softer than expected, eroding demand for Japanese exports The Nikkei 225 is down by more than 1.80% as exporters are under pressure due to the stronger JPY and fears that the US nonfarm payrolls data will be worse...

Relative volume is good so far this Jan.: over the last two days volume has been about 20%-30% above the avg. of the last three months. Admittedly though, this may be due in part to the so-called "January effect"--taking new positions for the new year after tax positioning in Dec.

crude currently trading $55.77...$55.81 is closing low going back over a year for front month contract...floor trading closes in 5 minutes

- I believe TIF gets a solid portion of sales from Japan

Front month crude....pivot point is $55.60 (a bit away from current levels)....but a daily close below $56 opens up the door for a move to $36.....minor resistance at $58.00 and $60 looks like a top now......OPEC will be very vocal in thei $56 to $58 range....summary: $55.70 approach should see...

US Mid-Morning Update by Trade The News staff - This morning’s economic data was mostly softer than expected highlighted by pending home sales and factory orders. Equities are trading mixed with commodity related sectors again seeing the brunt of any selling. A continued decline in Feb...