Featured Topics
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Commodities
Sugar prices are in a free fall now at prices we have not seen since July 2010. A major reason for last week’s drop was that it was reported the output nearly tripled in April at the main growing area of Brazil.
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Financials
Gensler recusal faulted in CFTC watchdog’s MF Global report
Chairman Gary Gensler’s recusal from the investigation into MF Global was unnecessary, according to the agency’s internal watchdog.
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Forex
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.
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Regulations
EU panel says transaction tax would raise government debt costs
Government bonds should be excluded from the European Union’s planned financial-transaction tax, a panel of European debt-management officials said.
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