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By Inyoung Hwang, Bloomberg |
May 7, 2013
U.S. stocks rose, sending the Dow Jones Industrial Average to its first close above 15,000, on optimism over global central bank stimulus and better-than- estimated corporate earnings.
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By Anthony Lazzara |
May 7, 2013
First, the Aussie Central Bank cut interest rates, which has sparked Aussie dollar selling. Second, rumors of legendary trader George Soros taking a big short position in this currency also probably stoked some added selling as well.
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By Nicholas Larkin, Bloomberg |
April 16, 2013
The biggest drop in gold prices since 1983 has divided central banks on whether the metal is cheap enough to increase investment.
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By Steve Matthews and Michelle Jamrisko, Bloomberg |
March 27, 2013
Federal Reserve Bank of Boston President Eric Rosengren said he wants to continue the central bank’s bond purchases through year’s end and raise or lower the pace in response to economic data.
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By Anthony Lazzara |
March 12, 2013
The E-mini S&P 500 ran into a multi-month trendline resistance, and now is down over 5 points today. This is not a big retracement, but nevertheless, technically traders thought it was time to take some profits
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By John Detrixhe, Bloomberg |
February 28, 2013
The euro fell versus the dollar, extending its first monthly drop since July, amid Italian political wrangling about forming a government and as cooling regional inflation opens the door for central bank stimulus.
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By Steve Matthews, Bloomberg |
February 14, 2013
Federal Reserve Bank of St. Louis President James Bullard said central bank stimulus has been ramped up this year with the decision to increase outright bond purchases to $85 billion a month and that a growing balance sheet could be complicated to unwind.
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By Glenys Sim, Bloomberg |
January 21, 2013
Gold may climb over the next three months as U.S. lawmakers attempt to tackle the country’s debt ceiling and the world’s largest economy slows, Goldman Sachs Group Inc. said, advising investors to take positions on advances.
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By Austin Kiddle |
January 16, 2013
Weaker growth, the U.S. debt ceiling discussions and the hopes for more central bank stimulus have been supporting gold prices.
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By Grant Smith and Lu Wang, Bloomberg |
December 17, 2012
U.S. stocks rose, sending the Standard & Poor’s 500 Index to an almost two-month high, as investors weighed prospects for a budget deal in Washington.
