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By James Hertling, Bloomberg |
May 6, 2013
French Finance Minister Pierre Moscovici declared the era of austerity over after his German counterpart offered flexibility on deficit cutting amid renewed bickering between Europe’s two biggest economies.
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By Debarati Roy, Bloomberg |
May 6, 2013
Hedge funds increased positions on a gold rally by the most in three weeks as central banks signaled no end to economic stimulus, driving prices higher just as analysts and traders turned the most bearish in three years.
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By John L. Caiazzo |
May 5, 2013
Despite slowly improving employment data, the stock market continues to stack gains.
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By Liz Capo McCormick and Daniel Kruger |
May 5, 2013
Bond investors are gaining confidence the Fed won't spark a crash while unwinding the central bank’s $3.3 trillion balance sheet.
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By Michael P. Regan and Inyoung Hwang, Bloomberg |
May 3, 2013
U.S. stocks rallied, with the Dow Jones Industrial Average reaching 15,000 for the first time, and Treasuries slid as faster-than-forecast employment growth bolstered optimism in the world’s largest economy.
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By Anthony Lazzara |
May 3, 2013
The markets are reacting strongly to an upside surprise in the U.S. monthly jobs report. The JUN13 E-mini S&P 500 has broken out above 1600 and is trading up around 20 points to 1612.
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By Inyoung Hwang and Lu Wang, Bloomberg |
May 3, 2013
U.S. stocks rose, sending the Dow Jones Industrial Average above 15,000 for the first time, as employment picked up more than forecast in April and the jobless rate unexpectedly declined to a four-year low.
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By Daniel Kruger, Bloomberg |
May 3, 2013
Treasuries fell, boosting the 30-year bond yields by the most in seven months, after a report showed U.S. employers added more jobs in April than forecast, boosting the outlook for economic growth and trimming demand for refuge.
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By Austin Kiddle |
May 3, 2013
According to a local Hong Kong newspaper, the largest fall in gold prices in 30 years prompted the Mainland Chinese tourists to buy about 60 tonnes of gold in Hong Kong during the three-day Labor Day holiday.
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By Phil Flynn |
May 3, 2013
Oil flies while natural gas dives. Is this evidence of spread trading or is it just a coincidence? On the surface there is no doubt why natural gas tanked.
