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Etf Preview: Etfs, Futures Turn Positive On Better-than-expected Nonfarm Jobs Data - Nasdaq.com

Commodities Crude was down 0.04%. United States Oil Fund (USO) was down 1.35%. Natural gas futures was up 0.07%. United States Natural Gas Fund (UNG) was down 1.74%. Gold was up 0.56% while silver was up 0.24%.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-turn-positive-on-better-than-expected-nonfarm-jobs-data-cm430977

Greek Contagion Concerns Attract Bears to Spain, Italy - Bloomberg

The Public Security said in a statement Monday that more than 1,000 tons of contaminated pork and 48 tons of cooking oil produced from the meat had been seized in the operation that began last year across 11 provinces. The ministry said the suspects belonged to 11 different syndicates who purchased pigs that had died of disease from farmers at cut-rate prices then processed them into bacon, ham and oil. It said the producers sourced the pigs by bribing government livestock insurance agents, several of whom were also sent for prosecution. A series of scandals in China have deeply undermined public trust in food safety.
Source: http://www.foxbusiness.com/markets/2015/01/11/china-arrests-more-than-110-people-for-selling-pork-from-diseased-pigs-tons/

Obama to propose laws on data hacking notification, student privacy as he previews address | Fox Business

Things will get even worse should European Central Bank President Mario Draghi fail to devise a stimulus plan that satisfies investors, according to Max Breier of BMO Capital Markets Corp. If things go poorly in Greece, that would spell trouble for Europe as a whole, but in particular peripheral European countries that are struggling to stick with fiscal reform measures, said Breier, a senior equity-derivatives trader at BMO in New York. Right now things are contained, but this level of containment is largely pinned on the hope that Draghi will announce a large sovereign-bond purchase program. Quarterly Plunges Both Italy (FTSEMIB) s FTSE MIB Index and Spains IBEX 35 Index posted their biggest quarterly declines since 2012 in the final three months of 2014, falling more than 5 percent. Options are signaling investors are bracing for further drops as anti-establishment group Podemos is rising in Spain, while Italian Prime Minister Matteo Renzi has said its time to focus on growth rather than austerity. Puts on the Italy ETF outnumbered calls by 2.73-to-1, and the ratio for the Spanish fund was 1.88-to-1, data compiled by Bloomberg show.
Source: http://www.bloomberg.com/news/2015-01-11/greek-contagion-concerns-attract-bears-to-spain-italy.html

China arrests more than 110 people for selling pork from diseased pigs, tons of meat seized | Fox Business

Obama will also propose a bill that would prevent companies from selling student data to third parties. A White House official says Obama will unveil the proposals Monday during a speech at the Federal Trade Commission. The announcement is part of the White House's efforts to preview components of the president's State of the Union address in the lead-up to the Jan. 20 speech. The official was not authorized to be named and insisted on anonymity to discuss the proposed legislation ahead of Obama's announcement.
Source: http://www.foxbusiness.com/technology/2015/01/11/obama-to-propose-laws-on-data-hacking-notification-student-privacy-as-previews/

'Boyhood' Wins Golden Globe For Best Drama | Fox Business

"Boyhood" captured the life of a boy as he grows from the age of six to when he turns 18. Director Richard Linklater, who also won a Globe for best director, used the same actor, Ellar Coltrane, to chronicle each year of the boy's life. Julianne Moore and Eddie Redmayne won best actor drama honors. Best comedy went to "The Grand Budapest Hotel," with acting awards in that category going to Michael Keaton and Amy Adams. Copyright 2015 MarketWatch, Inc. In an exclusive interview with FOX Business, the National Security Agency director said he thinks the recent cyberattack on Sony could set a precedent for future attacks aimed at the U.S.
Source: http://www.foxbusiness.com/markets/2015/01/11/boyhood-wins-golden-globe-for-best-drama/

Gold climbs to one-month high on weaker dollar, oil - Yahoo Finance

But equity markets are taking a hit from persistent weakness in oil prices, fuelling the flight to safety. "Normally, lower oil prices are a negative for gold, but prolonged oil price declines may be fanning concerns that further losses could have a dislocative impact on the financial markets and oil-exporting economies," HSBC analyst James Steel said. "This is creating safe-haven demand redirected for gold." Spot gold climbed to $1,228.20 an ounce, its highest since Dec. 11, and was trading up 0.3 percent at $1,226.76 at 0329 GMT. The metal gained about 1 percent on Friday, snapping a three-week decline.
Source: http://finance.yahoo.com/news/gold-climbs-one-month-high-035058155.html

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