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Market Commentary: Markets Open Down Trade Sideways On Falling Volume

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Opening Market Commentary For 03 Mar, 2015

Markets Opened down as expected sliding down to -0.5% and the sea-sawing sideways on volume that fell from moderate to low. WTI oil is volatile remaining neutral while Brent is trending up slowly in the low 61 range.

By 11:15 the averages were well off yesterday"s high marks and were trading sideways in the red with technical indicators at the "I-don"t-know-what-is-going-to-happen-next" mark.


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What We Read Today 02 March 2015

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

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Every day most of this column ("What We Read Today") is available only to GEI members.

To become a GEI Member simply subscribe to our FREE daily newsletter.

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 more features, analysis, studies, and news published in the last week

Xioami's Plans To Shake Up The Action Camera Market With Its Yi

Watch out GoPro, China"s Xiaomi Yi Action Camera is coming after you. After shaking up the global smartphone industry with its low cost handsets, Xiaomi is moving to its next target-the action camera. The Yi will sell for about $64 US dollars which is half the price of the $130 GoPro Hero. Tech Analysts say it will be a formidable competitor. Both cameras have similar features, But the Yi weighs less, offers more storage and boasts more powerful video capabilities.







Infographic Of The Day: There Are More Happy Words Than Sad Words

A study of 10 languages showed that more positive words are used than negative words.

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Video of the Day:

Watch out GoPro, China's Xiaomi Yi Action Camera is coming after you. After shaking up the global smartphone industry with its low cost handsets, Xiaomi is moving to its next target-the action camera. The Yi will sell for about $64 US dollars which is half the price of the $130 GoPro Hero. Tech Analysts say it will be a formidable competitor. Both cameras have similar features, But the Yi weighs less, offers more storage and boasts more powerful video capabilities.


video of day picture





 more investing, markets, precious metals & forex

03Mar2015 Opening Market Commentary: Premarkets Have Fallen Fractionally -0.3%



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French Austerity Targets Could Threaten Eurozone Growth

by Michael Grogan, First Class Analytics

In an effort to bring the budget deficits of EU member countries down to a sustainable level, the European Commission has recently been placing significant pressure on France to reduce its deficit to a level of 4% by the end of 2015.

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 USA economy at a glance (boxed items are updates in last 7 days)

January 2015 CoreLogic Home Prices Year-over-Year Growth Rate Accelerates to 5.7%

Econintersect: CoreLogic"s Home Price Index (HPI) shows that home prices in the USA are up 5.7% year-over-year year-over-year (reported up 1.1% month-over-month). There is considerable backward revision in this index which makes monthly reporting problematic. CoreLogic HPI is used in the Federal Reserves"s Flow of Funds to calculate the values of residential real estate.

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