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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.
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By Rita Nazareth and Cordell Eddings, Bloomberg |
April 12, 2012
U.S. stocks rallied, sending benchmark indexes to the biggest back-to-back gains of the year, while the yen and dollar weakened as signs the Federal Reserve and Bank of Japan will stimulate growth overshadowed an unexpected jump in American jobless claims. Gold climbed.
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By Phil Flynn |
March 22, 2012
First it was International Monetary Fund Christine Lagarde. Now it's Fed Chairman Ben Bernanke! Come on you prophets of doom; let us enjoy the economic recovery.
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By Phil Flynn |
March 21, 2012
The Saudis tried to shock and awe the oil market but you have to believe that the market will start asking, what are you going to do for me in the future?
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By Phil Flynn |
March 20, 2012
Cushing stocks have risen at a pace five times faster than last year even as regional refineries have processed significantly more crude oil.
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By Jon Nadler |
March 19, 2012
Gold traders are showing the lowest level of bullishness in circa sixty days in the wake of gold having erased more than half of 2012’s gains recently.
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By Patrick Donahue, Bloomberg |
March 11, 2012
Euro-area finance ministers seeking to step past the largest sovereign debt restructuring in history will attempt to gain a foothold this week.
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By Phil Flynn |
February 27, 2012
Daily energy fundamentals from Phil Flynn
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By Phil Flynn |
January 10, 2012
Daily energy fundamentals from Phil Flynn
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By Jon Nadler |
December 27, 2011
Daily metals update including analysis of gold and silver