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By John Detrixhe, Bloomberg |
May 23, 2013
The yen climbed the most in almost three months versus the dollar as risk appetite shrank, with Japanese stocks tumbling after a technical signal that they had gained too much, too fast.
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By Jeff Wilson, Bloomberg |
May 23, 2013
Soybean futures headed for the longest rally since March 2012 on signs of rising demand from China, the world’s largest buyer.
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By J.W. Jones |
May 23, 2013
Instead of trying to determine how or when the Federal Reserve will taper or end their monetary experiment, we wanted to juxtapose statements that were made today with the actual facts. Readers can draw their own conclusions.
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By Anthony Lazzara |
May 23, 2013
Crude oil has had some consistent selling over the past few sessions, and is down again today to $93.12. We have our key pivot/decision level at $96.
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By Debarati Roy and Maria Kolesnikova, Bloomberg |
May 23, 2013
Gold rose for the first time in three days on signs that Chinese manufacturing will slow in May for the first time in seven months, sparking a drop in global equities and increased demand for bullion as a protection of wealth.
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By James Ramelli |
May 23, 2013
With most of the Fed members still in Bernanke’s corner and the pattern of dip buying this year, many traders may look at this sell-off as an opportunity to buy into this market. What is the most effective way they can do so?
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By Marc Nemenoff |
May 23, 2013
In the last 24 hours the bonds have had quite a range falling as low as 142’08 as the market sold off based on comments from Fed Chairman Bernanke that the possibility exists that the Fed may slow down bond purchases by September.
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By Jack Scoville |
May 23, 2013
Sugar closed lower as the ISO continued to estimate big production and big supplies around the world. The close was weak and implies that further losses are coming.
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By Phil Flynn |
May 23, 2013
Fed Chairman Ben Bernanke does his best impression of a one-handed economist. But while the market focuses of the possibility of softening demand because of the Fed and China there was one area where demand actually improved...
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By Robert McCurtain |
May 23, 2013
All major indexes met the requirements for a major technical signal. Here's what to expect now.
