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By Austin Kiddle |
February 27, 2013
As traders have already cut their long positions or added to their short positions, it did not take much for the gold price to rally back from a recent low level of $1,554.30.
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By Dominick Chirichella |
February 27, 2013
All of the normal macroeconomic data is playing a secondary role as the oil markets move in sync on each new 30 second news snippets regarding Italy, Bernanke, and the sequester.
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By Aki Ito, Bloomberg |
February 15, 2013
Federal Reserve Chairman Ben S. Bernanke said the U.S. economy is far from operating at full strength and reiterated his commitment to record easing.
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By Dominick Chirichella |
January 30, 2013
The main economic event of the day will be the outcome of the U.S. Fed FOMC meeting with the focus mostly on the statement as most in the market expects a rollover of existing accommodative policies.
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By Jon Nadler |
September 17, 2012
Now that the Fed news has been “baked” into the market equation, participants are once again focusing on the slowdown in China and the structural issues plaguing the financial side of the EU.
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By John L. Caiazzo |
September 2, 2012
Markets wait for clear direction on government initiatives to further address the weak labor situation and the European financial crisis.
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By Alex Kowalski, Bloomberg |
August 30, 2012
Consumer spending in the U.S. climbed in July for the first time in three months as the biggest part of the economy struggled to overcome a jobless rate hovering over 8 percent.
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By Dominick Chirichella |
August 29, 2012
As Hurricane Isaac passes through the area over the next several days the industry will be able to quickly assess the condition of the oil and Nat Gas facilities. Until then, it focuses on inventories.
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By John L. Caiazzo |
August 26, 2012
The ongoing rhetoric from various heads of state referring to their implied resolution of the European debt crisis does little to fuel confidence that a solution is forthcoming soon.
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By Daniel P. Collins |
August 22, 2012
Andrew Wilkinson, Chief Economic Strategist for Miller Tabek, wrote, “The August minutes deliver a new pair of words upon which it seems an imminent resumption of asset purchases is predicated.”