CME adds Deutsche Bank to gold custodian providers

(Updates with spokesman comments, background details.) NEW YORK -(MarketWatch)- CME Clearing, a division of exchange-operator CME Group Inc. CME, added Deutsche Bank AG (DB, DBK.XE) London Branch to its gold custodian providers, the company said in a statement Friday. Deutsche Bank will provide gold custodian services on behalf of CME Clearing starting immediately, according to a CME Clearing advisory.

Goldman's Blankfein gets stock from prior award

NEW YORK (MarketWatch) -- Senior executives of Goldman Sachs Group Inc. (GS) received another installment of stock awarded in previous years, including 24,249 shares for Chief Executive Lloyd Blankfein.

Financial Stocks: Financial stocks recover on Obama foreclosure plan

U.S. financial stocks recovered from earlier losses on Friday to close out the session as the best sector on the S&P 500 after the U.S. government said it will expand a program to assist homeowners on the verge of foreclosure.

Latin American Markets: Mexican stocks fall after lackluster U.S. GDP

Mexican stocks slip Friday, capping a weekly loss after the country’s largest trading partner said quarterly growth expanded at a slower pace than anticipated.

Washington Calendar: Washington events for Jan. 30 - Feb. 3

A guide to the key news events and economic data in Washington during the week.

White House expands foreclosure prevention program

The Treasury Department expands a troubled program seeking to help troubled borrowers on the verge of foreclosure, expanding incentive payments to investors so they participate in the program.

Chuck Jaffe: Fed to savers: Cash is trash

The Federal Reserve has telegraphed the future of interest rates and inflation, and here’s the takeaway: “Money-market funds are the Stupid Investment of the Week,” writes Chuck Jaffe.

Canadian Markets: Canada stocks up marginally on RIM, gold miners

Canadian stocks close marginally higher on Friday, spurred on by strong Research In Motion and gold mining shares, with the market’s benchmark index posting a modest gain for the week.

Market Snapshot: U.S. stocks mostly down; S&P streak holds

A late-session surge in financials keeps the S&P 500 in the green for a fourth consecutive week.

Top Ten: MarketWatch top 10 stories Jan. 23 - 27

A mixed week for the markets as the Dow Jones average fell and the Nasdaq and S&P 500 rose. Here are the top ten stories of the week on MarketWatch.

Daily Reports

Cash Bridge Brokers Daily Report 27-1-2012 (English)

Cash Bridge Brokers Daily Report 27-1-2012 (Arabic)

Cash Bridge Brokers Daily Report 27-1-2012 (Fundamental)

EUR/USD Mid-Day Outlook

No change in EUR/USD's outlook. Rebound from 1.2625 is still in favor to continue with 1.2931 minor support intact. Sustained trading above 38.2% retracement of 1.4246 to 1.2625 at 1.3244 will bring stronger rebound to next fibo level at 61.8% retracement at 1.3267. On the downside, below 1.2931 will indicate

GBP/USD Mid-Day Outlook

GBP/USD's rally is still in favor to continue with 1.5527 minor support intact and focus remains on 1.5779 resistance. Decisive break of 1.5779 resistance will indicate that the whole decline from 1.6746 in GBP/USD is over and should bring further rally to 1.6165 resistance and above. Though, failure from 1.5779,

USD/CHF Mid-Day Outlook

With 0.9339 resistance intact, current fall in USD/CHF is expected to continue further to 0.9065 support next. Considering bearish divergence condition in daily MACD, whole rebound from 0.7065 might be finished at 0.9594 already. Break of 0.9065 will target 0.8567 key support level for confirmation. On the upside, above 0.9339

USD/JPY Mid-Day Outlook

USD/JPY drops further to as low as 76.71 in early US session and intraday bias remains on the downside for 76.55 support. Break there will confirm resumption of whole fall from 79.52 and in that case, deeper fall would be seen towards 75.56 low. On the upside, though, above 77.17

AUD/USD Daily Outlook

Further rise is expected in AUD/USD with 1.0444 support intact, to 1.0752 resistance. As noted before, break there will be first signal of break out from recent consolidations and would target a test on 1.1079 key resistance. On the downside, below 1.0444 support, though, will suggest that rebound from 0.9663

USD/CAD Daily Outlook

USD/CAD drops further to as low as 0.9981 before recovering mildly. Further decline is expected with 1.0147 resistance intact, to 0.9891 support next. On the upside, break of 1.0147 resistance is needed to signal short term bottoming. Otherwise, we'll now stay cautiously bearish even in case of recovery.

EUR/USD Daily Outlook

With 1.2931 minor support intact, rebound from 1.2625 is still in favor to continue. Sustained trading above 38.2% retracement of 1.4246 to 1.2625 at 1.3244 will bring stronger rebound to next fibo level at 61.8% retracement at 1.3267. On the downside, below 1.2931 will indicate completion of such rebound and

GBP/USD Daily Outlook

Further rise is still expected in GBP/USD with 1.5527 minor support intact. Decisive break of 1.5779 resistance will indicate that the whole decline from 1.6746 in GBP/USD is over and should bring further rally to 1.6165 resistance and above. Though, failure from 1.5779, followed by break of 1.5527 will indicate

USD/CHF Daily Outlook

Further decline is still expected with 0.9339 resistance intact. As noted before, considering bearish divergence condition in daily MACD, whole rebound from 0.7065 might be finished at 0.9594 already. Deeper decline would be seen to 0.8567 key support level for confirmation. On the upside, above 0.9339 minor resistance will dampen

USD/JPY Daily Outlook

USD/JPY's sharp fall and break of 77.33 support firstly indicates that rebound from 76.55 is finished. Secondly, it shifts favor to the case that fall from 79.52 is still in progress. Intraday bias is on the downside for 76.55 support. Break will extend the whole decline from 79.52 towards 75.56

EUR/GBP Daily Outlook

EUR/GBP's consolidation from 0.8221 is still in progress and further recovery cannot be ruled out. But upside is expected to be limited by 38.2% retracement of 0.8830 to 0.8221 at 0.8454 and bring fall resumption. On the downside, below 0.8283 minor support will be the first signal of fall resumption

GBP/JPY Daily Outlook

The break of 121.04 minor support indicates that a temporary top is in place at 122.04 and intraday bias is turned neutral. Retreat from there might extend to 4 hours 55 EMA (now at 120.16) and below. But note that rise from 117.29 is viewed as the third leg of

EUR/JPY Daily Outlook

EUR/JPY's break of 100.97 minor support suggests that a temporary top is in place at 102.20 and intraday bias is turned neutral. Deeper retreat might be seen back to 4 hours 55 EMA (now at 100.18). Rebound from 97.03 is treated as a correction in the whole fall from 123.31.

GBP/USD Mid-Day Outlook

GBP/USD rises further to as high as 1.5717 so far and intraday bias remains on the upside for 1.5779 resistance. Current development elsewhere argues that dollar's near term trend has reversed. Decisive break of 1.5779 resistance will indicate that the whole decline from 1.6746 in GBP/USD is over and should

USD/CHF Mid-Day Outlook

USD/CHF dives further to as low as 0.9161 in early US session and intraday bias remains on the downside for 0.9065 support next. As noted before, considering bearish divergence condition in daily MACD, whole rebound from 0.7065 might be finished at 0.9594 already. Deeper decline would be seen to 0.8567

EUR/USD Mid-Day Outlook

EUR/USD rises further to as high as 1.3174 so far in early US session and intraday bias remains on the upside for 38.2% retracement of 1.4246 to 1.2625 at 1.3244. The persistent strength above 55 days EMA so far argues that fall from 1.4246 is over at 1.2625. Sustained trading

GBP/JPY Daily Outlook

Even though, GBP/JPY loses some upside momentum, intraday bias remains on the upside with 121.04 minor support intact and further rise should be seen to 122.76 resistance first. As noted before, rise from 117.29 is possibly the third leg of the consolidation pattern from 116.83. Break of 122.76 resistance should

EUR/JPY Daily Outlook

EUR/JPY's rebound from 97.30 resumed after brief retreat and reaches as high as 101.97 so far. Intraday bias is back on the upside for 102.53 resistance. The strength of the rebound from 97.03 short term bottom suggests that fall from 111.57 is already completed. Break of 102.53 resistance will confirm

EUR/GBP Daily Outlook

EUR/GBP's consolidation from 0.8221 short term bottom is still in progress and stronger rebound cannot be ruled out. But upside is expected to be limited by 38.2% retracement of 0.8830 to 0.8221 at 0.8454 and bring fall resumption. On the downside, below 0.8283 minor support will be the first signal

EUR/USD Daily Outlook

EUR/USD's rebound from 1.2625 short term bottom resumed after brief retreat and reaches as high as 1.3133 so far. Intraday bias is back on the upside for 38.2% retracement of 1.4246 to 1.2625 at 1.3244. But we'd expect strong resistance from there to finish the rebound. Below 1.2931 minor support