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By Jon Nadler |
January 18, 2013
Gold prices touched a one-month high near $1,699 on Thursday as a slightly weaker greenback and a spike in black gold inspired short-term specs to buy the metal at its daily lows in the morning hours.
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By Phil Flynn |
November 16, 2012
Oil prices seemed to shake off worries surrounding the increasing tensions in the Gaza strip and instead decided to focus on the weak jobless claims and the looming fiscal cliff.
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By Neal Armstrong and Masaki Kondo, Bloomberg |
November 13, 2012
Treasury 10-year notes rose for a fourth day before President Barack Obama meets Democratic and Republican leaders in Congress this week for negotiations to avert the so-called fiscal cliff.
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By Emma Charlton and Kristine Aquino, Bloomberg |
November 13, 2012
The euro fell to two-month lows against the dollar and Swiss franc as European finance ministers struggled to agree on how to provide additional aid for Greece, curbing demand for the region’s common currency.
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By Phil Flynn |
November 13, 2012
In its monthly oil market report, the IEA forecast oil demand growth in 2013 unchanged at 0.8 million barrels a day but warned that risks remain skewed to the downside.
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By Elizabeth Campbell |
October 28, 2012
Speculators lowered bullish wagers on commodities for the third straight week, the longest streak since April, as prices erased this year’s gain.
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By Inyoung Hwang and Michael P. Regan, Bloomberg |
October 12, 2012
U.S. stocks erased an early rally as Wells Fargo & Co.’s shrinking profit margin and weakness in European markets overshadowed a jump in consumer confidence to the highest level since the recession started.
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By Elizabeth Campbell, Bloomberg |
October 1, 2012
Speculators cut bullish positions by the most in 16 weeks as commodities capped the first monthly loss since May on mounting concern that central bank stimulus measures won’t be enough to halt slowing economic growth.
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By Nicholas Larkin and Debarati Roy, Bloomberg |
September 27, 2012
Hedge funds are the most bullish on silver in seven months and investors’ holdings are expanding toward a record on speculation the metal will outperform gold
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By Michael P. Regan and Rita Nazareth, Bloomberg |
September 25, 2012
U.S. stocks sank, sending the Standard & Poor’s 500 Index to its biggest loss in three months, amid concern that global stimulus measures won’t be enough to boost growth.