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Templeton’s Mobius bets on further oil price increases

Templeton Asset Management’s Mark Mobius is reflected in a mirror on a door as he speaks to a journalist after delivering a conference in Beirut, May 28, 2010. Credit: Reuters/Cynthia Karam/FilesBy Kevin Lim and Charmian KokSINGAPORE | Tue Mar 20, 2012 2:06pm IST SINGAPORE (Reuters) – Franklin Templeton funds that focus on developing economies are [...] [...]

Consumer Price Index shows gas prices drive inflation

Inflation picked up slightly last month, as rising gas prices took a bigger bite out of consumers’ wallets. The government’s key measure of inflation, the Consumer Price Index, showed prices rose 0.2% from December to January, slightly weaker than the 0.3% increase economists had predicted. Rising prices at the gas pump were a key factor, [...] [...]

Yelp Sets The Price Range For Its IPO And It’s Overvalued (YELP)

Yelp is set to start trading on the public markets on March 2, Dow Jones reports. It plans to raise $100 million in its IPO, and it set a price range of $12-$14 for its shares, giving it a valuation of ~$800 million.At that valuation, the company is still overpriced says BI Intelligence analyst Alex [...] [...]

Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader (Wiley Trading)

While new technology and complicated theories promise to take your trading to “the next level,” the truth is that long-term success in this field is rooted in simplicity. That’s why Al Brooks has created Reading Price Charts Bar by Bar. With this book, Brooksâ??a technical analyst for Futures magazine and an independent traderâ??demonstrates how applying [...] [...]

Oil price outlook sours, Citi sees 20 pct fall

LONDON – Several major banks cut sharply their oil price forecasts on Tuesday, with Citigroup saying that even if the United States printed more money, oil would stay depressed by weak economic growth and fresh supplies from Libya. Citi said it now expected Brent crude to trade at $95 per barrel at the end of [...] [...]

CZ: Producer Price Index (MoM): -0.200 %

The Real-time Economic Calendar only provides general information and it is not meant to be a trading guide. FXstreet.com commits to offer the most accurate contents but due to the large amount of data and the wide range of official sources, FXstreet.com cannot be held responsible for the eventual inaccuracies that might occur. The Real-time [...] [...]

The first part of yesterday’s session saw subdued price action

Review The Markets shrugged off the ratings review from Moody’s as the news was widely expected giv-en the upcoming budget ceiling decision. The S&P had a choppy day, supported by better than expected Job-less Claims at 13:30 before pulling lower after Bernanke said QE3 is not warranted by current economic con-ditions. Overall the market is [...] [...]

The first part of yesterday’s session saw subdued price action

Review The Markets shrugged off the ratings review from Moody’s as the news was widely expected giv-en the upcoming budget ceiling decision. The S&P had a choppy day, supported by better than expected Job-less Claims at 13:30 before pulling lower after Bernanke said QE3 is not warranted by current economic con-ditions. Overall the market is [...] [...]

US: Consumer Price Index (MoM): -0.200 %

Sound NotificationsThe Real-time Economic Calendar only provides general information and it is not meant to be a trading guide. FXstreet.com commits to offer the most accurate contents but due to the large amount of data and the wide range of official sources, FXstreet.com cannot be held responsible for the eventual inaccuracies that might occur. The [...] [...]

NZ: Consumer Price Index (QoQ): 1.000 %

Sound NotificationsThe Real-time Economic Calendar only provides general information and it is not meant to be a trading guide. FXstreet.com commits to offer the most accurate contents but due to the large amount of data and the wide range of official sources, FXstreet.com cannot be held responsible for the eventual inaccuracies that might occur. The [...] [...]

KR: Export Price Growth (YoY): -0.400 %

Sound NotificationsThe Real-time Economic Calendar only provides general information and it is not meant to be a trading guide. FXstreet.com commits to offer the most accurate contents but due to the large amount of data and the wide range of official sources, FXstreet.com cannot be held responsible for the eventual inaccuracies that might occur. The [...] [...]

US: Producer Price Index (YoY): 7.000 %

Sound NotificationsThe Real-time Economic Calendar only provides general information and it is not meant to be a trading guide. FXstreet.com commits to offer the most accurate contents but due to the large amount of data and the wide range of official sources, FXstreet.com cannot be held responsible for the eventual inaccuracies that might occur. The [...] [...]

Brent oil price trading at $116, Asian demand remains strong

Brent oil futures open today’s trading session lower, around $116 a barrel as investors look to Europe’s debt situation to gauge short term oil price direction, however Asian oil demand remains strong, keeping a lid on lower oil prices for now.Latest Brent Oil PriceIn London, Brent crude oil futures for September 2011 delivery was trading [...] [...]

US: Producer Price Index ex Food & Energy (YoY): 2.400 %

Sound NotificationsThe Real-time Economic Calendar only provides general information and it is not meant to be a trading guide. FXstreet.com commits to offer the most accurate contents but due to the large amount of data and the wide range of official sources, FXstreet.com cannot be held responsible for the eventual inaccuracies that might occur. The [...] [...]

DE: Producer Price Index (MoM): 0.100 %

Sound NotificationsThe Real-time Economic Calendar only provides general information and it is not meant to be a trading guide. FXstreet.com commits to offer the most accurate contents but due to the large amount of data and the wide range of official sources, FXstreet.com cannot be held responsible for the eventual inaccuracies that might occur. The [...] [...]

UK: Rightmove House Price Index (MoM): -1.600 %

Sound NotificationsThe Real-time Economic Calendar only provides general information and it is not meant to be a trading guide. FXstreet.com commits to offer the most accurate contents but due to the large amount of data and the wide range of official sources, FXstreet.com cannot be held responsible for the eventual inaccuracies that might occur. The [...] [...]

US: Producer Price Index ex Food & Energy (MoM): 0.300 %

Sound NotificationsThe Real-time Economic Calendar only provides general information and it is not meant to be a trading guide. FXstreet.com commits to offer the most accurate contents but due to the large amount of data and the wide range of official sources, FXstreet.com cannot be held responsible for the eventual inaccuracies that might occur. The [...] [...]