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By Jeff Wilson, Bloomberg |
July 9, 2012
The worst U.S. drought since Ronald Reagan was president is withering the world’s largest corn crop, and the speed of the damage may spur the government to make a record cut in its July estimate for domestic inventories.
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By Press Release |
July 4, 2012
NYSE Euronext and TradingScreen have formed a partnership to give institutional investors easier access to corporate bond markets that meet criteria defined by the Cassiopeia Committee in April 2010.
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By Phil Flynn |
May 16, 2012
Oil and RBOB prices plummet as the market is not convinced that the EU can keep Greece in the zone and stop the contagion from spreading, despite the meeting of the minds between Merkel and new French president Hollande.
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By Milton Ezrati |
April 25, 2012
For the past two years, investors have feared a contagion of default, triggered by a loss of liquidity and a panic among bankers and other bond investors, something akin to what happened in the United States during the subprime crisis.
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By Whitney Kisling, Bloomberg |
April 20, 2012
U.S. stocks rose, snapping a two- day decline for the Standard & Poor’s 500 Index, as profits from companies including Microsoft Corp. and General Electric Co. beat estimates and German business confidence improved.
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By Susanne Walker and Wes Goodman, Bloomberg |
April 20, 2012
Treasuries dropped for the first time in three days before the finance chiefs from the Group of 20 nations meet in Washington to assess the European sovereign- debt crisis.
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By Austin Kiddle |
April 20, 2012
Rising foreign demand for gold signals that gold is not just a dollar hedge but also a global currency hedge. Also, gold has acted as hedges against asset deflation and inflation.
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By Eric Martin, Bloomberg |
April 17, 2012
The managing director of the International Monetary Fund urged “bold” changes to financial regulations.
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By Jon Nadler |
April 16, 2012
Gold prices lost nearly $17 on Friday and they basically erased Thursday’s Fed-oriented, optimism-based move. The yellow metal finished the week at $1,658.50 the ounce. Silver lost nearly 90 cents.
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By By Bloomberg News |
April 14, 2012
China’s decision to widen the yuan’s trading band against the dollar for the first time since 2007 signals a drive toward a convertible currency.
