Important breakout in the Dow-to-gold ratio and its implications for gold
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.
Tap into oil volatility using an options spread
Over the past week crude oil prices have been rocked by conflicting macroeconomic data and a suspected price-fixing scandal, leaving many investors questioning the validity of current price levels. Tap into that volatility with a put spread.
Yen drops as Japan’s Amari backs away from comments
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.
ICE joins CME warning of splits in global derivatives rules
Top executives of the two largest U.S. derivatives exchanges say regulators must take further steps to align Dodd-Frank Act rules with those of foreign counterparts to avoid oversight splits that could harm markets.