-
By Joseph Ciolli, Bloomberg |
December 13, 2013
The yen rose from a five-year low versus the dollar amid speculation on the timing of a cut in the Federal Reserve’s $85 billion of monthly bond purchases.
-
By Anthony Lazzara |
December 13, 2013
We believe the Fed will follow what the market is telling us and not tapering would almost be the bigger surprise in our opinion. JAN14 crude oil is down $.84 to $96.66, after not being able to break higher above the $99 level.
-
By Austin Kiddle |
December 13, 2013
Lack of near-term positive gold price catalysts and the recovery in the stock markets have prompted holders of the SPDR Gold Trust to liquidate their holdings, which have fallen 39% this year to 827.6 metric tons.
-
By Phil Flynn |
December 13, 2013
It seems that once again the concept of quantitative easing is misunderstood. The newest mantra that the Fed and some analysts are trying to sell you is that taper isn't tightening. Well it is.
-
By Joseph Ciolli, Bloomberg |
December 12, 2013
The dollar rose for a second day after retail sales gained more than forecast last month, adding to speculation the Federal Reserve will move to trim its $85 billion of monthly asset purchases at a meeting next week.
-
By Justin Pugsley |
December 12, 2013
The economic and political hurdles for the U.S. Federal Reserve to taper its bond purchases are steadily being removed, making it almost a dead certainty – but don't expect it to necessarily spur a U.S. dollar rally, at least not yet.
-
By Rich Ilczyszyn |
December 12, 2013
The S&P began pulling back from the highs yesterday for two taper related reasons. First the deal in Washington opens the door for a Fed taper next week. Second, the S&P gave a push toward highs early into Tuesday's session and set up a technical failure.
-
By A. Gary Shilling, Bloomberg |
December 12, 2013
In May, when the Federal Reserve first started talking about reducing its $85 billion monthly purchases of Treasuries and mortgage-backed securities, yields jumped, to 2.72% in early July from 1.64% on May 1 for the 10-year note, and to 3.68% from 2.83% for the 30-year bond.
-
By Nikolaj Gammeltoft and Callie Bost, Bloomberg |
December 11, 2013
U.S. stocks fell a second day, giving the Standard & Poor’s 500 Index its biggest back-to-back drop in two months, as a congressional budget accord fueled speculation the Federal Reserve could trim stimulus next week.
-
By Cordell Eddings and Daniel Kruger, Bloomberg |
December 11, 2013
Treasuries ended a three-day advance amid speculation a U.S. budget agreement will support the economy and make it easier for the Federal Reserve to start reducing bond purchases.
