-
By Stefan Riecher, Bloomberg |
May 13, 2013
Euro-area data this week will probably reveal economic scars of the sovereign debt crisis confirming that the region is now suffering the longest recession since the single currency’s creation.
-
By James Hertling, Bloomberg |
May 6, 2013
French Finance Minister Pierre Moscovici declared the era of austerity over after his German counterpart offered flexibility on deficit cutting amid renewed bickering between Europe’s two biggest economies.
-
By Justin Pugsley |
April 12, 2013
It is certainly looking like gold has lost its mojo. When a market no longer responds with higher prices to events that are normally seen as a positive, then it is generally a signal that a once bullish trend is over.
-
By Maria Kolesnikova and Glenys Sim, Bloomberg |
April 11, 2013
Gold swung between gains and losses as Cyprus denied it plans to sell bullion to ease its debt crisis and some investors reduced holdings on speculation that the U.S. Federal Reserve may scale back stimulus measures.
-
By Daniel P. Collins |
April 1, 2013
With central banks publicly decrying currency manipulation, the forex markets are returning to a semblance of normalcy. What will that mean for 2013?
-
By Yalman Onaran, Bloomberg |
March 27, 2013
Cyprus is on the verge of an unprecedented financial experiment: Imposing controls on money transfers in an economy that doesn’t have its own currency.
-
By Stephen Kirkland and Sarah Pringle, Bloomberg |
March 27, 2013
Stocks fell and the euro weakened to a four-month low against the dollar, while Treasuries rallied and Italian and Spanish bonds slumped, as concern about Europe’s debt crisis deepened.
-
By John Detrixhe and Emma Charlton, Bloomberg |
March 25, 2013
The euro fell to a four-month low versus the dollar as the Cyprus bailout plan added to concern about the safety of the region’s bond holdings and deposits.
-
By Nicholas Larkin, Bloomberg |
March 22, 2013
Gold traders are becoming more bullish as concern mounts that a worsening of Europe’s debt crisis will spur demand for a protection of wealth at a time when nations from the U.S. to Japan are signaling more stimulus.
-
By Alasdair Macleod |
March 22, 2013
This week will be remembered for the Cypriot banking crisis. The largish jump in gold open interest last night on a small fall in the price suggests new buyers are accumulating positions at these levels.
