Gold Digger Review Stocks Rallied

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Gold Digger Review The Japanese market especially the Nikkei to settled lower, after weak US jobs data and a renewed focus on US quantitative easing pushed the dollar down against the yen, spurring profit-taking in Tokyo stocks. Takashi Ohba, senior strategist at Okasan Securities said: "Exporters are under pressure as the yen strengthened, and that is weighing on the Nikkei. But falls are limited as we are seeing solid bargain-hunting. Underlying bullish sentiment for Japanese stocks really hasn't changed. The Nikkei still has room to rise." The dollar was down nursing large losses from weaker than expected employment data and renewed focus on U.S. quantitative easing. The euro was seen higher for third consecutive day after falling more than 7 percent last month, though analysts say it's unclear whether it will extend its gains next week. The euro's gains accelerated when data showed that the US economy added fewer jobs than expected in November, driving the jobless rate up to 9.8 percent.Greg Gibbs, FX strategist at RBS in Sydney said: "The market is going to continue to view U.S. quantitative easing as being a driving force." The Wall Street saw a bright day after US President Barack Obama said an agreement was reached with Republicans on how to extend tax cuts. The Dow Jones Industrial Average slipped 19.90 points to close at 11,362.19. The Standard & Poor's 500 fell 1.59 points to 1,223.12. But the Nasdaq Composite Index ended up 3.46 points at 2,594.92. Oil prices ended up higher as cold weather in Europe and expectations that strengthening economic recovery would boost demand offset the concerns about the euro zone debt problems that lifted http://cfpickitup.com/gold-digger-review-all-the-ways-to-earn-online/ the dollar.A weak dollar can lift dollar-denominated oil prices because it lowers the value of dollars paid to producers and boosts the buying power of consumers using other currencies. Jim Ritterbusch, president at Ritterbusch & Associates, said in a note: "Although the euro came under some downside pressure, (U.S.) futures still appeared supported by a strong Brent market that, in turn, is reacting to cold European temperatures and a firm gas oil trade." Bouncing prices in oil lifted the European equities like the FTSE, CAC and DAX to end up on a good note as crude prices remained strong, just about offsetting nerves over the outcome of a euro zone meeting expected to outline further plans to contain the debt crisis. Energy firms rose as crude prices hovered on expectations of higher demand for fuel due to freezing weather in Europe and parts of the United States. Heino Ruland, strategist at Ruland Research in Frankfurt said: "The market is clearly looking for an enlargement of the rescue fund. They want to know what the plans are and if it is going to be sustainable. If that is not on the table,people will continue speculating against the euro." Gold prices rose adding to that silver prices also rose but thin volume for both metals could indicate near-term weakness as some investors stayed on the sidelines ahead of the year end. Analysts said: "Both the metals, Gold and silver rose in a safe-haven play on the back of speculation US authorities would extend monetary easing and lingering worries over euro zone debt."Frank McGhee, head precious metals trader of Integrated Brokerage Services LLC in Chicago said: "The (silver) market is extremely well bid. The funds are obviously adding the support underneath the market. You've got dwindling above-ground stocks, you've got tremendous interest in the market, you've got the Fed now talking about QE3. Silver has been playing catch-up to gold's rally."