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By Lu Wang and John Detrixhe, Bloomberg |
May 22, 2013
Treasuries tumbled with gold and the dollar rallied, while U.S. equities retreated, as concern grew that the Federal Reserve will scale back its stimulus efforts if the labor market continues to improve.
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By Justin Pugsley |
May 22, 2013
A financial crisis is almost certainly in the cards for Japan, and it is just a question of timing. Unfortunately, the government may have fast forwarded that date.
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By John Detrixhe and David Goodman, Bloomberg |
May 22, 2013
The yen fell to the weakest in three years against the euro after Bank of Japan policy makers affirmed a plan to double the monetary base over two years and their statement showed no concern about rising bond yields.
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By Przemyslaw Radomski |
May 21, 2013
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.
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By David Goodman and Candice Zachariahs, Bloomberg |
May 21, 2013
The yen weakened against the dollar, halting its biggest gain in three weeks, after Japan’s Economy Minister Akira Amari backed away from weekend comments that prompted the currency to rally.
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By Anthony Lazzara |
May 20, 2013
Gold hit the key level of $1,340, and silver had a big spike down to almost $20. For silver, $20 is a very key support level.
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By Anthony Lazzara |
May 17, 2013
Overall, the bull market frenzy is picking up and we still believe the E-mini S&P 500 will finish this year at 1690 or higher.
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By Anthony Lazzara |
May 15, 2013
The yen has sold off more than 3000 ticks since last fall, and we are projecting potential for a short term bottom at these levels.
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By Stephen Kirkland and Nikolaj Gammeltoft, Bloomberg |
May 14, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index to a record for the eighth time in nine days, amid improving confidence in the world’s largest economy. Industrial metals fell on concern about China’s growth.
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By Ari Altstedter, Bloomberg |
May 13, 2013
The Canadian dollar advanced versus the majority of it 16 most-traded peers after April retail sales unexpectedly rose in the U.S., Canada’s biggest trading partner.