Articles by Germany
Apple iPhone 5 Pre-Orders Sell Out Within An Hour; Handset Shipment Dates Slip To Two Weeks
September 14 2012 8:42 AM EDT
Just within an hour of the Apple (AAPL) iPhone 5 pre-orders going live, shipment dates for the new orders dropped to two weeks in the U.S., U.K., Canada, Germany and Australia, MacRumors stated.
Majors Daily Forecast 14 September 2012
September 14 2012 2:26 AM EDT
EUR/USD Buy at 1.3006 SL 1.2974 TP 1.3083 USD/JPY Sell at 77.66 SL 77.98 TP 76.94 GBP/USD Buy at 1.6171 SL 1.6139 TP 1.6259 USD/CHF Sell at 0.9349 SL 0.9381 TP 0.9265 today so far +52, total yesterday +87 pips
EUR/USD At 4 Month High On Fed Easing
September 14 2012 12:42 AM EDT
On Thursday Euro/Dollar continued increasing with 150 pips on on Fed stimulus. The European currency appreciated from 1.2851 to 1.3002 yesterday, matching the positive money flow sentiment at nearly 26%, closing the day at 1.2985. This morning the Euro pushed even further up, ascending to 1.3031. On the 1 hour chart the upward channel has sharpened its angle, while on the 3 hour chart the upward channel looks good. Break above the nearest resistance and today's top at 1.3031 may trigger fu...
Italian Team Finds Wreck Of Giant German Airplane From WW II Off Sardinian Coast
September 13 2012 3:21 PM EDT
The vessel is believed to be the last surviving Messerschmitt-323 Gigant craft, the largest land-based transport aircraft from the war.
Texas Woman To Receive First U.S. Double Arm Transplant
September 13 2012 12:58 PM EDT
Katy Hayes, 44, of Kingwood, Texas, will receive two new arms above the elbow.
Dutch Election Results Good News For Euro Zone, Tough Break For Geert Wilders
September 13 2012 11:07 AM EDT
The results of the Dutch election on Wednesday show that incumbent Prime Minister Mark Rutte and his VVD Party have won a greater plurality, but the party of far-right politician Geert Wilders has lost badly. These results cement the Netherlands' leading role in the recovery of the euro zone.
Monetary “Floodgates” And Geopolitical Unrest To Support Precious Metals
September 13 2012 8:00 AM EDT
Monetary “Floodgates” And Geopolitical Unrest To Support Precious Metals
Pre-Market Movers (Yahoo, Nokia, Zynga, Compucredit, Halcon Resources, Harmony Gold, Banco Santander, Amazon.com)
September 13 2012 6:37 AM EDT
Yahoo! Inc, National Bank of Greece, Nokia Corp, Zynga Inc, Compucredit Holdings, Halcon Resources, Harmony Gold Mining, Amazon.com and Banco Santander are among the companies whose shares are moving in pre-market trading Thursday.
GCC Approved ESM Ratification, Focus Turned to FOMC Meeting
September 13 2012 3:44 AM EDT
Market sentiment waxed and waned, rising as the German Constitutional Court (GCC) approved the ESM and the fiscal pact but then dipping as the focus has shifted to the FOMC meeting. Wall Street ended the day modestly higher with the DJIA and the S&P gaining +0.07% and +0.21% respectively. In the commodity sector, the 2 crude oil benchmarks deviated in performance. While the front-month contract for WTI crude oil initially climbed to a 1-month high of 98.06 but then retreated to 97.01, down -0.16...
Pro-Europe Parties Sweep Dutch Election; Extremists Routed
September 12 2012 9:00 PM EDT
Dutch voters handed pro-European parties a sweeping election victory on Wednesday, shunning the radical fringes and dispelling concerns that euro skeptics could gain sway in a core euro zone country.
Russia And China Okay IAEA Resolution Demanding Iran Cease Nuclear Program
September 12 2012 4:38 PM EDT
The U.S. and its allies have long sought to pressure Russia and China into backing such a statement against Iran, amidst fears that Israel would unilaterally attack Iran in a pre-emptive measure in lieu of finding a diplomatic solution to the crisis.
Christian Slater Will Star In Lars Von Trier’s ‘Nymphomaniac’
September 12 2012 2:20 PM EDT
Christian Slater has joined the cast of Lars von Trier's sexually charged drama "Nymphomaniac." Amidst reports, courtesy of Shia LaBeouf, that it will contain "real" sex scenes, the controversial film is getting massive attention. The Danish director, who has clashed with such stars as Bjork and Nicole Kidman, is known for making outlandish statements. For instance, at the 2011 Cannes Film Festival, he referred to himself as a "Nazi."
The Honored Dead: Other Ambassadors And Diplomats Killed In The Line Of Service
September 12 2012 1:12 PM EDT
The death of US Ambassador to Libya Chris Stevens and three members of his staff in Benghazi is a tragedy, and they join a long line of diplomats who died representing their nations.
Dutch Parliamentary Elections: Will Far-Right Freedom Party Defy Polls Again?
September 12 2012 12:09 PM EDT
Far-right Dutch politician and leader of the ultra-conservative Freedom Party (PVV) Geert Wilders formerly established his party in parliament on a platform of Islamophobic anti-immigration, and now seeks to turn nationalist sentiment against the eurozone amid frustrations with debt-laden countries like Greece, Italy and Spain. Poll indicate his party will lose seats this election, but it has defied expectations in the past.
Nat Gas holding most of gains from last two sessions
September 12 2012 11:13 AM EDT
Nat Gas futures are starting the day with only a minor level of profit taking selling so far and are holding onto most of the gains from the last two sessions. The current price is at the upper end of the trading range and at a level that I still do not think is sustainable. At the current price level coal to Nat Gas switching is now favorable to coal which if the price remains at the current level utilities will have to look seriously at switching back to coal. In addition the latest NOAA six t...
German ESM Ruling: World Stocks Rally, But Don’t Sound The All-Clear Yet
September 12 2012 10:17 AM EDT
Market bulls charged on Wednesday -- running U.S. stock futures, European stocks, the euro, oil and gold higher -- in the wake of a German court ruling that backs the country's participation in the euro zone's new bailout fund created to prevent the weakest euro economies from going bust. However, some economists warn that it's too early to sound the all-clear on the fate of the single currency bloc.
The Nemenoff Report Bonds Lower, S&P's higher, Silver Higher
September 12 2012 10:07 AM EDT
Dec. Bonds are currently1'02 lower at 147'22 and the 10 Yr. Note 11 lower at 132'14. Germany is likely to allow participation in the ECB proposed Bond buying program of up to 3 year maturities issued by troubled members such as Spain, Italy and Greece to prevent rates from those nations rising too dramatically. This has removed some of the "flight to safety premium" that has kept U.S. Bonds at record low yields. The next item to watch for will be the FOMC announcement tomorrow and...
The Energy Report - Ok Now It Is the Feds Turn
September 12 2012 9:34 AM EDT
Commodity bulls get the bounce they need as Germany's Federal Constitutional Court Courts ok's The ECB bond buying program with limitations. The court says that that Germany can contribute to the European Stability Mechanism but only up to a contribution of 190 billion euros, or about 240 billion dollars. Of course when it comes to limitations in Europe we already know that things like that are always subject to change. Now the ruling is still requires parliamentary approval of any incre...
German Court Approves Legality Of ESM With Conditions
September 12 2012 4:43 AM EDT
Germany's Constitutional Court Wednesday gave its approval for the implementation of the bailout fund in the euro zone while outlining certain conditions, including Germany's total exposure to the funds.
Sentiment Mildly Positive ahead of German Constitutional Court’s Ruling
September 12 2012 3:58 AM EDT
Financial markets steadied as investors awaited German Constitutional Court's ruling on the ESM/fiscal compact and the People's Bank of China reported RMB 704B of new loans in August, up from a disappointing RMB 540B in July. Positive comments from the Troika after meeting with Portuguese and Greek officials also helped sustain sentiment. News reports said that Spain has proposed a 3-step plan towards a Eurozone fiscal union. In the US, Moody's warned of credit downgrade if no progress ...