AUD/USD Summary and Outlook

The AUD/USD broke the .07 mark twice since Tuesday. The previous time it reached this mark was on August 4. Th new range looks to be 1.065 to 1.065 and the US Market movement will dominate the direction. At the local ASX close, the Australian dollar was trading at 106.86 US cents, up from 106.49 [...]

Grain Trading Summary

Chicago grains finish higher for 3 days running Chicago grains finished higher Friday, extending rallies through the 3rd trading day, after the US government cut the estimates of US crop yield. Add to that the strength from the outside markets. The most active Corn contract for Dec. delivery closed at 7.145 per bushel, up 0.50, [...]

Wall St Summary

Red’s Bull Trader Alert: The DJIA tapped their highest intra-day level since Y 2008, helped by large tech and financial names, as the S&P 500 held near its 7 week high, and broke above technical resistance on light trade. Players were selective and did not place large bets ahead of jobs and earnings. Broad market [...]

Wall St Summary TWX, NFLX, LFL

Red’s Bull Trader Alert: The S&P 500 rose back above its 6 month trend line after tapping it on Monday, and the NAS rallied off of its 50 Day Moving Average. Holding those levels is a sign of strength IMO US Stocks close up as the S&P 500, DJIA and NAS extends the rally and resumes the Up-trend [...] Live Stock Trading [...]

ASEAN News Summary

• S&P warns of policy dilemma for central banks Standard & Poor’s Ratings Services (S&P) said Asian central banks may face a dilemma brought about by the surge in capital to emerging markets. • France to increase Indonesia investments French Finance Minister Christine Lagarde says France is looking to increase investments in Indonesia. • Proton, [...]

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