Writing for The New York Times, James D. Hamilton, a professor of economics at the University of California San Diego, addressed whether speculators are overreacting and causing a spike in oil prices or responding sensibly to economic pressures.
5 basic options strategies explained
Take your options trading beyond vanilla calls and puts to better manage risk with these five basic strategies.
Dealers absorbing junk bonds as ETF demand drops
Wall Street banks are expanding holdings of speculative-grade bonds as prices fall from record highs with investors retreating from exchange-traded funds that buy the debt.
Yen short covering: More room to run?
The yen is now firmly above our key pivot level of 97.60, and we have a technical target on the upside at 100.24 to indicate we believe the short covering in the yen still has room to run.
Canada plans meat-trade fight as U.S. imposes origin-label rule
Canada vowed to escalate a dispute with the U.S. over plans to impose stricter country-of-origin labeling rules for meat.