Update Daily Investment News

Week Ahead: All Eyes on Europe's Sovereign Debt Crisis
The weakening euro could continue to strong-arm markets in the week ahead, as investors worry about contagion from Europe's sovereign debt crisis and the potential for a bigger setback in the U.S. economic recovery.
http://www.cnbc.com/id/37520262

G-20 Coordination Fails as Governments Clash on Recovery Recipe
(Bloomberg) -- Global policy makers are starting to clash over their individual prescriptions for recovery as Europe demands lower budget deficits while the U.S. warns against pushing exports instead of domestic demand.
http://www.bloomberg.com/apps/news?pid=20601087&sid=ajCu8.BfseQE&pos=2

Retail Sales Probably Rose at Slower Pace: U.S. Economy Preview
(Bloomberg) -- Sales at U.S. retailers grew in May at the slowest pace of the year, pointing to a deceleration in demand that may further restrain employment, economists said before reports this week.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aCuZ53ZHXqQQ&pos=3

Plenty to worry about
U.S. stocks tumble after weak May jobs report
(MarketWatch) -- The U.S. stock market on Monday begins in a humbler place, with the Dow Jones Industrial Average back under 10,000 and the euro, the market's gauge of Europe's ability to stem its debt, at a four-year low.
http://www.marketwatch.com/story/us-stock-market-to-start-week-with-worry-list-2010-06-05

http://www.cnbc.com/id/15840232?video=1513611241&play=1

Halftime: Have Bears Finally Prevailed?
Selling accelerated into the afternoon on Friday, with the S&P  sharply lower on reports of another possible debt crisis – this time in Hungary.
http://www.cnbc.com/id/37512895


The Buzz: Hungary: Europe's (and Wall Street's) latest fear
Just when we all got used to referring to Europe's fiscal crisis with the tidy little acronym of the PIIGS, another European country is angling for admittance into the bad debt club.
http://finance.yahoo.com/news/The-Buzz-Hungary-Europes-and-cnnm-1290357753.html;_ylt=Atteraez7xCVDekjEq8PuB5O7sMF;_ylu=X3oDMTFiODNwcHA3BHBvcwMxMARzZWMDc3BlY2lhbEZlYXR1cmVzBHNsawNodW5nYXJ5ZXVyb3A-?x=0

Stock analysts see choppy trading, then turnaround
Some stock analysts peer through string of gloomy headlines to see market higher for the year
NEW YORK (AP) -- Jobs are hard to come by, debt problems are hobbling several European countries and oil is spreading across the Gulf of Mexico. With news like that, it's hard to see how the stock market can pull out of its slump.
http://finance.yahoo.com/news/Stock-analysts-see-choppy-apf-560241829.html?x=0&sec=topStories&pos=1&asset=&ccode=

Jobs Growth Better Than It Looks: Wealth Managers
Stocks remained lower after a report showed fewer jobs were added to nonfarm payrolls than expected last month. How should investors position themselves? Roy Williams, chief executive of Prestige Wealth Management, and Michael Sansoterra, co-manager of RidgeWorth Large Cap Growth Stock Fund, discussed their outlooks.
http://www.cnbc.com/id/37509418

Art Cashin: Jobs Report Increases Double-Dip Risk
Markets slipped on Friday after a US report showed fewer jobs were added to nonfarm payrolls than expected last month—and most of those jobs were temporary census workers. Art Cashin, director of floor operations at UBS Financial Services, shared his insights.
http://www.cnbc.com/id/37509017

Euro May Rise to $1.60 Due to Austerity: Economist
Austerity measures imposed by the euro zone will likely push the euro back towards $1.50 or even $1.60 but the European currency is unlikely to achieve the status of reserve currency, economist Warren Mosler, founder and principal of broker/dealer AVM, told CNBC.com Friday.
http://www.cnbc.com/id/37504437

SEC's Circuit Breaker Rules Likely In Effect Next Week: Sources
Sources tell CNBC that the SEC’s new single stock circuit breaker rules will likely go into effect next week.
http://www.cnbc.com/id/37497641

US Jobs, Small Europe Markets Sliding
US stocks lost most of their gains Friday from their past two days as a weakening Euro and a poor U.S. jobs report are weighing on futures.
http://www.cnbc.com/id/37509644

Euro Zone Faces Zero Growth, US Facing Trouble: Roubini
The euro zone is facing a period of zero growth if not recession, and the United States is heading for financial trouble, U.S. economist Nouriel Roubini was quoted as saying on Saturday. 
http://www.cnbc.com/id/37531998

ECB's Trichet says bank stress tests nearly complete
BUSAN, South Korea (Reuters) - Europe is close to completing stress tests on its banks to gauge their ability to withstand a market slump and the results should be published to help restore market confidence, top European Central Bank officials said on Saturday.
http://www.cnbc.com/id/37525491

Another Market Worry: What Happens When Stimulus Ends?
As if Friday's jobs report wasn't bad enough, there's another worry for the markets: With more than half stimulus money chewed up, how does the economy survive without the government holding its hand?
http://www.cnbc.com/id/37471056

Crude Oil Is Poised to Test $83 a Barrel: Technical Analysis
Bloomberg) -- Crude oil will test $83 a barrel if it breaks through the 200-day moving average, according to a technical analysis by Auerbach Grayson, a brokerage in New York.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aa3NXcsjcZyU

Asia Currencies Post Weekly Loss as Europe Debt Crisis Persists
Bloomberg) -- Asian currencies declined this week, led by India’s rupee and South Korea’s won, as concern Europe’s debt crisis will slow the global economic recovery dimmed the outlook for exports and sapped demand for emerging-market assets.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a.KDQzjfEqE0

Asia Governments Consider Capital Controls, HSBC, Barclays Say
(Bloomberg) -- Asian countries, facing inflows of funds, are considering capital controls as a policy response, officials at HSBC Holdings Plc and Barclays Plc said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aOqCxEdXQedo

Deutsche Bank’s Lewis Says Gold May Rally Past Record on Crisis
(Bloomberg) -- Gold, which touched a record of $1,249.70 last month, may rally another 36 percent as Asian central banks buy for the first time in two decades, said Michael Lewis, head of commodities research at Deutsche Bank AG. 
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ayfUw66KFH4w

Future Traders Pare Bets on Euro Slide for Third Straight Week
(Bloomberg) -- Futures traders reduced bets for a third consecutive week that the euro would fall against the dollar after pushing the level to a record high.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aLoca4Q1Ifjk

Fast Traders' New Edge
Some fast-moving computer-driven investment firms are getting an edge by trading on market data before it gets to other investors, according to market players and researchers who have studied the trading.
http://finance.yahoo.com/banking-budgeting/article/109725/fast-traders-new-edge;_ylt=AjhFybvw6ZZegJya6BuECDdO7sMF;_ylu=X3oDMTFhMjRudWhwBHBvcwMzBHNlYwNzcGVjaWFsRmVhdHVyZXMEc2xrA2Zhc3R0cmFkZXJzbg--
Palm Oil Posts Weekly Gain on Crude Rebound, May Stockpile Data
(Bloomberg) -- Palm oil futures posted a weekly gain as crude oil gained for a third day and investors speculated that higher Malaysian exports in May may have cut the nation’s stockpiles for a fifth month.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aoY9ch382SqM

Weaker Euro May Be Able to ‘Save’ Monetary Union, Roubini Says
(Bloomberg) -- The gradual weakening of the euro toward parity with the dollar over the next year may save the monetary union by helping countries such as Greece, Italy and Spain regain competitiveness, said Nouriel Roubini, the New York University economist who predicted the financial crisis. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aXXuYew90DdE