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By Dominick Chirichella |
July 18, 2012
Oil is getting toppy at current levels once again as most market participants continue to focus on the major headwind in the market...the slowing global economy.
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By Phil Flynn |
July 18, 2012
Ben Bernanke may not be ready to do QE-3D just yet but after some initial disappointment, oil turned around and rallied anyway. The upward bias for oil seems to be getting more bullish.
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By Inyoung Hwang and Julia Leite, Bloomberg |
July 17, 2012
U.S. stocks rose, erasing earlier losses, and commodities climbed as Federal Reserve Chairman Ben S. Bernanke said the central bank is prepared to act to boost growth if labor markets don’t improve. The Dollar Index erased gains while Treasuries retreated.
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By Joshua Zumbrun and Craig Torres, Bloomberg |
July 17, 2012
Federal Reserve Chairman Ben S. Bernanke said progress in reducing unemployment is likely to be “frustratingly slow” and repeated the Fed is ready to take further action to boost the recovery, while refraining from discussing specific steps.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
July 11, 2012
A few Federal Reserve policy makers said the central bank will probably need to take further action to boost the labor market and meet its inflation target, according to minutes of their June meeting.
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By Craig Torres and Steve Matthews, Bloomberg |
July 9, 2012
Federal Reserve officials are discussing whether to start a quarterly monetary policy report to provide a clearer guide to their economic outlook and the likely course for policy.
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By Steven K. Beckner |
June 22, 2012
Nearly five years after entering a kind of monetary wilderness, there remains no obvious way out for the Federal Reserve. Indeed, at times, the Fed seems to be stumbling deeper into the jungle.
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By Caroline Salas Gage and Craig Torres, Bloomberg |
June 22, 2012
Federal Reserve Chairman Ben S. Bernanke has repeatedly warned lawmakers that a fiscal cliff threatens the economy. Now he’s created a precipice of his own.
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By Chanyaporn Chanjaroen and Mathew Carr, Bloomberg |
June 8, 2012
Commodities fell a second day, heading for the longest weekly losing streak in 11 years, on concern slowdowns in China and the U.S., the world’s two biggest economies, will cut demand.
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By Austin Kiddle |
June 8, 2012
Gold prices have jumped in anticipation of more easing from the U.S., Europe and China. Real GDP growth in the U.S. has dropped from a recent peak of 3% in Q4 2011 to 1.9% in Q1 2012.
