Technical Outlook

Nasdaq Looking To Test November High After Break Of Resistance

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Fundamental Outlook

Futures Point To Lower Open as Labor Concerns Mount on Alcoa Announcement

Alcoa, the largest U.S. aluminum producer, announced it will cut more than 15,000 jobs, reduce capital spending and sell four businesses as it reduces production due to the global economic downturn.

Technical Outlook

European Stocks Rise to Challenge Key Resistance Levels

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Fundamental Outlook

European Stocks Look Set To Hold Current Levels Into New Year

European stock markets are unlikely to see substantial catalysts for directional momentum going into the New Year holiday.

Technical Outlook

Momentum Will Need To Follow Asian Equity Breakouts Or Bull Trends Will Stall

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Fundamental Outlook

Fed Rate Cuts Rallies Bullish Convictions, But Was This Last Ditch Effort A Boon For Asian Shares?

The open of the Asian session has already been mapped out by the momentum built up through the Tuesday’s New York session.

Technical Outlook

NYMEX Crude Oil Forecast Remains Bullish on Break of Resistance

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Fundamental Outlook

NYMEX Crude Oil Unchanged Despite Flare-Ups in Israeli-Palestinian Tensions

Crude oil finished relatively flat through the end of the NYMEX trading session, as dismal US economic data counterbalanced continued geopolitical tensions from the ongoing middle-eastern armed conflict. News of further Israeli attacks on Gaza weighed on trader sentiment, but few seemed willing to force major moves ahead of tomorrow’s important Crude Oil Inventories results.

Weekly Technical Outlook

Global Treasuries In Different Stages Of Retracements: From Reversals To Short-Term Pull Backs

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Weekly Fundamental Outlook

A New Year Brings Liquidity Back To Treasuries And Focus On The New President's Stimulus Plans

Looking out over the coming week, scheduled and unscheduled event risk will likely sway the market. From the economic calendar, a series of indicators will gauge the full health of the consumer. The market-moving potential lies with the non-farm payrolls report.

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Technical Outlook

Euro Expected to Form a Low Soon; British Pound Breakout Trade

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Fundamental Outlook

US Dollar Gains Against Euro, Yen Despite Dismal Data, Slump Versus High Yielders

The US dollar has consistently been trading stronger than the euro, Swiss franc, and Japanese yen but has also remained weak versus the British pound and the commodity dollars. Much of this price action had to do with emerging signs of building risk appetite, such as the slow decline of the CBOE’s VIX volatility index below 40, despite the fact US economic data was broadly disappointing.

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