Friday, April 30, 2010
Thursday, April 29, 2010
The Euro has appreciated against the Pound on European session and rebound at 0.8625 low on Asian session, has extended to 0.8690 high, taking back all the ground lost on Tuesday, to reach levels right below 0.8700 resistance area.
The Euro needs to break and hold above 0.8680 level in order to confirm upside momentum, says César Leiceaga, technical analyst at Deltastock.com: "Capped by short term bearish trendline. Needs a brake above 0.8680 to consider a bullish continuation up to 0.8750 resistance. Favour the downside."
On the log-term, the bias is neutral, says Leiceaga: "Longer term bias is neutral for the pair, the wide range between 0,8600 and 0,9100 needs resolution."
Tuesday, April 27, 2010
She was spotted at the Coachella Music Festival looking like some kind of half-naked, hipster Cylon bent on destroying the world with kinky, regret-laden sexx. Which is probably an improvement.
During the multi-center study, the researchers followed about 1,400 women who had never been pregnant, and none of whom had metabolic syndrome, to assess what factors increase the risk of coronary artery disease. Beginning in 1985, at the start of the analysis, the study participants were examined. Follow-up examinations were also conducted at 7, 10, 15 and 20 years after the study began.
A total of 704 participants gave birth during the study period. Of these, 84 developed gestational diabetes. Over the years of study follow-up, a total of 120 women developed metabolic syndrome. Of those, the average length of breastfeeding was determined to be 2.6 months. Those women who did not develop metabolic syndrome were shown to have bred fed for an average of seven months.
Sunday, April 25, 2010
Tori Praver, one of the sexxiest models from the U.S., the fame she brought one of her photo shoot in the magazine “Sports Illustrated Swimsuit Issue.” Tori Praver, posing for lingerie Goldenpoint SS 2010, these few photos that show you all the charms of this CUTIES.
This demonstrates gold's ability to protect investors from crises that debase their own currency, but not those of other sovereign issuers."
"German investors have not been put off by the all-time high expensiveness of gold in Euro-terms," reports Wolfgang Wrzesniok-Rossbach from Hanau-based refinery group Heraeus.
"The Greek financial crisis continues to drive investors here to the yellow metal."
Industrial demand, in contrast, "has shown a slight reduction in demand – current price levels appear to be simply too high," says Wrzesniok-Rossbach.
"Even at record prices of almost €865 an ounce" however, scrap-gold flows into the refinery "have slowed down in recent days," he adds.
Over in the credit-insurance market, the cost of protecting Portuguese government bonds also slipped back on Friday – together with Greek credit-default swaps – from yesterday's new record highs.
"The market believes that Greece will be forced to restructure its debt," says Simon Derrick at Bank of New York Mellon in London, and "The logic of such a situation for [Greek bond] investors is also simple enough:
"There is no last mover advantage in such a circumstance.
"We also note outflows just starting to build from Portuguese debt in recent days," Derrick is quoted by the FT's Alpha blog, "although they are still relatively modest."
Precious-metals analyst Walter de Wet at Standard Bank also notes fears of Euro-debt contagion today, writing "We doubt [the Greek rescue] would be enough to lift concerns over sovereign debt levels in certain European countries."
Even though the physical market is currently "quiet and directionless", de Wet reports, "Underlying uncertainty should continue to support gold."
Saturday, April 17, 2010
OIL - Unemployment Numbers Sink Spot Crude Oil
Spot crude oil prices dropped following worse than expected U.S. new unemployment claims. Prices rose prior to the negative unemployment numbers after Chinese GDP data was stronger than expected. This followed a volatile trading day after U.S. crude oil inventories showed crude oil stocks declined.
Concerns still persist as the economic picture has not improved as fast as many traders would like. A surplus of supply still exists and many oil refineries continue to operate below capacity. Further fundamental numbers will be needed to give traders a reason to bid spot crude oil prices higher. Until then, spot crude oil may find support at $86.30.
Friday, April 16, 2010
MADRID (AP) -- Eurozone officials say Greece did not request financial help at a Friday meeting of all 16 countries that use the euro.
Greece's mounting debt and high cost of borrowings saw it ask for potential bailout loans of at least euro30 billion from other euro nations and the International Monetary Fund last week.
Jean-Claude Juncker, the head of the group of eurozone finance ministers said "the Greek authorities did not put forward a request" for these loans to be paid out and there was no indication that they would in coming days.
Greece has asked for Monday talks on possible loans with EU and IMF officials.
Bollywood actress and former Miss World, Aishwarya Rai is the featured face on the cover page of showbiz magazine Hello! India for the month of April 2010. Aishwarya Rai looks stunning as she was before marriage. She is been married since last 3 years but her brand value is still intact.