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Tuesday, May 29, 2012

Financial News 05/29/2012

Conference Board: Consumer Confidence Index down to 69.4
BI: NYU finance prof. says banks provide "inept" valuations
Option Queen: U.S. market resilient, technical indicators point to oversold oil
NYT: State unemployment benefits facing cut offs after "lack of deterioration"
Bloomberg:U.S. 30-yr mortgage rates at record low 3.78%
MW: Dollar index reaches new 6-month high near 82.30
Daily Finance: Tupperware is more cost effective for freezing food
BW: Tourism the largest beneficiary of Greek currency devaluation
CNBC: Spain's 10-yr bonds neared 7% yields as bank share prices lower
Forbes: Poll indicates 60% of Germans favor Greek exit from Euro
AP: China and Yuan to begin direct trading in forex market

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