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By Alasdair Macleod |
May 24, 2013
The net gold position of the four largest traders, which we can assume are all bullion banks, on May 14 was long for the first time for as long as records are available, shown in the chart below.
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By Ashraf Laidi |
May 24, 2013
In my April column, I argued that 108.00 may be a realistic target for the USD/JPY. Since then, the pair has rallied to break above the 100.00 yen level for the first time since April 2009. So what’s next for this aggressive pair?
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By Howard Mustoe |
May 22, 2013
Three U.K. business lobby groups told the European Union its proposed financial transaction tax will harm the economic recovery.
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By Rebecca Christie |
May 21, 2013
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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By Przemyslaw Radomski |
May 21, 2013
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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By Austin Kiddle |
May 15, 2013
Bubble talks about bonds and stocks have surfaced as have the concerns that the Fed will taper off its QE program sooner than expected. Strength in physical gold demand has countered the gold-backed ETF outflows.
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By Jim Brunsden and Rebecca Christie, Bloomberg |
May 14, 2013
The European Central Bank clashed with Germany over how the European Union will handle struggling banks and whether to create a common agency and fund to manage failures.
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By Stefan Riecher, Bloomberg |
May 13, 2013
Euro-area data this week will probably reveal economic scars of the sovereign debt crisis confirming that the region is now suffering the longest recession since the single currency’s creation.
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By Simon Kennedy and Rich Miller |
May 12, 2013
America’s aggressive strategy for tackling its financial and economic ills is working better than Europe’s go-slow approach.
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By Paul Cox, Bloomberg |
May 10, 2013
Pacific Investment Management Co.’s Bill Gross wrote in a message on Twitter that the 30-year bull market for bonds “likely ended” on April 29.
