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By Elizabeth Campbell, Bloomberg |
June 17, 2013
Hedge funds cut wagers on a gold rally for the first time in three weeks on mounting speculation central banks will curb record stimulus and as this year’s slump in bullion spurred losses for billionaire John Paulson.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
June 5, 2013
The economy expanded at a “modest to moderate” pace in 11 of 12 Federal Reserve districts, with broad-based gains ranging from business services to construction and manufacturing, the central bank said today.
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By Phil Flynn |
May 24, 2013
Can you taper up? Oil Prices rebounded after a big fall in part because of a misunderstanding. Apparently you can taper up as well as taper down in what I guess you can call the tale of the taper.
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By Aki Ito, Bloomberg |
May 23, 2013
Federal Reserve Bank of San Francisco President John Williams, emphasizing the need for policy flexibility, said any move to reduce the pace of the central bank’s bond buying could be followed by an increase should the economy weaken again.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
May 22, 2013
Many Federal Reserve officials said more progress in the labor market is needed before deciding to slow the pace of asset purchases, according to minutes of their last meeting.
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By Lu Wang and Inyoung Hwang, Bloomberg |
May 21, 2013
U.S. stocks rose, erasing earlier losses, after Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its bond buying to boost growth that is slower than expected.
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By David Goodman and Candice Zachariahs, Bloomberg |
May 21, 2013
The yen weakened against the dollar, halting its biggest gain in three weeks, after Japan’s Economy Minister Akira Amari backed away from weekend comments that prompted the currency to rally.
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By Susanne Walker and Emma Charlton, Bloomberg |
May 21, 2013
Treasury 10-year note yields traded at almost the highest level in two months before Federal Reserve Chairman Ben S. Bernanke testifies on the economy in Congress tomorrow.
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By Alex Kowalski, Bloomberg |
May 15, 2013
Wholesale prices in the U.S. dropped in April by the most in three years, reflecting a decrease in fuel costs that is helping underpin profits.
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By Susanne Walker, Bloomberg |
May 14, 2013
Treasury 10-year note yields reached seven-week highs as speculation the Federal Reserve may consider tapering its record bond-purchase program crimped demand for the securities as equities indexes traded at record levels.
