Chairman Gary Gensler’s recusal from the investigation into MF Global was unnecessary, according to the agency’s internal watchdog.
Price action in E-Mini S&P 500 futures this week was interesting to say the least. With uncertainty in Europe growing, could we see the market take a leg higher or is the long anticipated correction upon us?
In the Dow-to-gold ratio chart, we see an important breakout above the declining long-term resistance line. This has bearish implications for gold.
Government bonds should be excluded from the European Union’s planned financial-transaction tax, a panel of European debt-management officials said.