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By Phil Flynn |
August 2, 2012
The Energy Information Administration reported the biggest increase in US crude oil and natural gas reserves in history.
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By Press Release |
August 1, 2012
In it's release following the July 31-August 1 meeting, the FOMC characterized economic growth as slowing. In response, it kept rates at historic lows, but there was no mention of QE3.
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By Jon Nadler |
August 1, 2012
While gold prices have held above the $1,600 pivot level, the action in either direction has been anything but orderly, and it often has not take more than a hint of a delay in easing actions by the Fed or the ECB to send enthusiasm withering.
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By Susanne Walker and Anchalee Worrachate, Bloomberg |
July 25, 2012
Treasuries fell, snapping a three- day advance, as speculation that European policy makers will boost the firepower of their bailout fund damped demand before the U.S. sells $35 billion in five-year notes.
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By Steve Matthews, Bloomberg |
July 18, 2012
The Federal Reserve said the economy expanded at a “modest to moderate” pace in June and early July, as retail sales and manufacturing cooled in some regions.
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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 Craig Torres, Bloomberg |
June 20, 2012
Federal Reserve officials cut their estimates for 2012 growth after last month’s slowdown in hiring and see little progress on unemployment during the rest of the year.
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By Austin Kiddle |
June 20, 2012
Gold futures may have somewhat priced in further quantitative easing by the Fed, as prices have increased for six consecutive days since June 8.
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By Cordell Eddings and Susanne Walker, Bloomberg |
June 19, 2012
Treasuries fell for the first time in three days as the Federal Reserve opens a meeting amid speculation it may do more to boost the economy and investors bet European leaders will make progress on their debt crisis.
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By Rita Nazareth, Bloomberg |
June 19, 2012
U.S. stock futures advanced, indicating the Standard & Poor’s 500 Index will rally for a fourth straight day, as the Federal Reserve begins a two-day meeting to decide whether more monetary stimulus is needed.