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By Stephen Kirkland and Lu Wang, Bloomberg |
September 6, 2012
The Standard & Poor’s 500 Index jumped to the highest level since January 2008 and Treasuries fell as the European Central Bank announced a bond-buying plan and reports fueled optimism in the U.S. economy.
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By Anthony Lazzara |
September 6, 2012
With the combination today of Draghi's announcement and U.S. economic data healthily beating estimates this morning, U.S. 30-Year Bonds found good reasons to slide down in price today.
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By Anthony Lazzara |
September 5, 2012
Crude oil futures have been in a bullish upward channel since June 2012 lows. With the recent drop from $98 to $94 per barrel, this market is approaching the lower band of this channel.
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By Anthony Lazzara |
August 31, 2012
We take a look at Platinum futures this morning, and we notice that our key pivot level of $1,510 was a nice support area as platinum dipped after Bernanke’s speech.
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By Press Release |
August 31, 2012
In the text of Fed Chairman Ben Bernanke's speech at Jackson Hole, he did not promise further immediate quantitative easing, but said the Fed could still accommodate if the economy warranted it.
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By Austin Kiddle |
August 31, 2012
Gold traders from Asia to Europe have turned cautious before the speech on Friday by Bernanke. The Fed may refrain from giving the timing of a QE3 at his speech, although traders expect him to sustain the market's expectations.
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By Anthony Lazzara |
August 30, 2012
The theme this week is of course “All Eyes on Bernanke.” We see first resistance for the DEC 12 US Bonds at 150 with our key pivot area at 151.
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By Anthony Lazzara |
August 29, 2012
We mark a key pivot level of $91 in this market. If crude oil futures (OCT12) stay above this key support level, we look for an extension to $103.
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By Alex Kowalski, Bloomberg |
August 29, 2012
The U.S. economy expanded more than previously estimated in the second quarter, reflecting an improvement in the trade deficit and a pickup in household spending on utilities.
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By Austin Kiddle |
August 29, 2012
September will be a critical month for gold investors not only because of the Jackson Hole conference from Aug. 31 to Sept. 1, but also because of the various announcements out of Europe.
