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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.
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By Jennifer Ryan and Ian Katz, Bloomberg |
May 10, 2013
U.S. Treasury Secretary Jacob J. Lew said European policy makers are still falling short in efforts to revive their economy, intensifying pressure on them to further ease their budget-cutting.
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By Austin Kiddle |
May 10, 2013
During the week ending May 9, the gold-backed ETP holdings rebounded 0.1% to 2,241.708 metric tons, the first rise since the beginning of April. In India, gold imports will likely top 100 tonnes in May.
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By Scott Hamilton and Jennifer Ryan, Bloomberg |
May 9, 2013
The Bank of England left its stimulus program unchanged as officials assess recent signs of strength in the economy after it returned to growth in the first quarter.
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By Justin Pugsley |
May 9, 2013
There are growing signs that the Eurozone might be shifting away from its program of austerity. If that does prove to be the case, it is likely to be very supportive for risk currencies generally and risk assets such as commodities and equities.
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By Austin Kiddle |
May 8, 2013
After rising for two consecutive weeks, the U.S. Comex gold futures fell 1% week-to-Tuesday to $1,448.80 although prices touched $1,458 on Wednesday Asian morning. The story of the week is still rising equities.
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By Inyoung Hwang, Bloomberg |
May 7, 2013
U.S. stocks rose, sending the Dow Jones Industrial Average to its first close above 15,000, on optimism over global central bank stimulus and better-than- estimated corporate earnings.
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By Roxana Zega and Joao Lima, Bloomberg |
May 7, 2013
Portugal is selling 10-year bonds for the first time in more than two years as it seeks to regain full access to debt markets following its 2011 bailout.
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By Frank Holmes |
May 7, 2013
During the first week of May every year, the maxim “Sell in May and go away” gets taken out, dusted off and powered up as a reason to sell stocks. Here are reasons to leave it in storage this year.
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By Lucy Meakin, Bloomberg |
May 7, 2013
The euro strengthened against the dollar and yen after German factory orders unexpectedly increased in March, suggesting the region’s largest economy is starting to grow again.
