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By Phil Flynn |
May 30, 2013
Tropical storm Barbara is down played by NHC, although still headed toward Mexico's largest refinery.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
May 29, 2013
Stocks fell, trimming a 12th consecutive monthly gain in Europe, amid concern the Federal Reserve will pare debt purchases as the economy recovers. Commodities slid as the International Monetary Fund cut China’s growth forecast.
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By Toru Fujioka and Masahiro Hidaka, Bloomberg |
May 29, 2013
Traders of Japanese government bonds want the central bank to buy more short-term notes and to conduct purchases more frequently, according to Bank of Japan officials after a meeting with market participants.
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By Nicholas Larkin and Glenys Sim, Bloomberg |
May 28, 2013
Gold fell in London as speculation the U.S. economy is strengthening curbed demand for a protection of wealth. Silver declined.
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By Omar R. Valdimarsson |
May 27, 2013
Iceland is tempering lifting capital controls as the new government says it will keep some restrictions on currency speculation.
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By Nicholas Larkin, Bloomberg |
May 24, 2013
Gold traders are the most bullish in a month after Federal Reserve Chairman Ben S. Bernanke signaled record stimulus will continue until the economy improves.
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By Justin Pugsley |
May 17, 2013
Central banks saved the world with unconventional monetary policies such as quantitative easing, which at the very least stopped the banking system from collapsing, but according to the IMF it's a policy that might be approaching its sell-by date.
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By Joe Richter and Debarati Roy, Bloomberg |
May 14, 2013
Consumers will sell the least used gold in five years after prices tumbled into a bear market, curbing a source of metal that typically accounts for about one in every three ounces of global supply.
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By Phil Flynn |
May 14, 2013
Following several years of stronger-than-expected North American supply growth, the shockwaves of rising U.S. shale gas and light tight oil and Canadian oil sands production are reaching virtually all recesses of the global oil market.
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By Martin Z. Braun |
May 13, 2013
Almost five years after Lehman Brothers Holding Inc. filed for bankruptcy, managers of the bank’s estate are demanding millions from retirement homes, colleges and hospitals.
