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By Inyoung Hwang and Michael P. Regan, Bloomberg |
October 12, 2012
U.S. stocks erased an early rally as Wells Fargo & Co.’s shrinking profit margin and weakness in European markets overshadowed a jump in consumer confidence to the highest level since the recession started.
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By Jana Randow and Jeff Black, Bloomberg |
September 5, 2012
European Central Bank President Mario Draghi’s bond-buying proposal involves unlimited purchases of government debt that will be sterilized to assuage concerns about printing money.
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By Jon Nadler |
August 27, 2012
The four principal precious metals are flashing the “overbought” signal in the wake of last week’s “Fedphoria-induced” rallies. Additionally, the GOP ignited a firestorm debate over the viability of returning to the gold standard.
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By Rainer Buergin, Bloomberg |
August 27, 2012
Germany and France agreed to drive ahead measures on closer European integration in a renewed show of unity by the region’s two biggest economies to fix the crisis in the Eurozone.
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By Joseph Ciolli, Bloomberg |
August 8, 2012
The euro weakened against its most-traded counterparts as a drop in German industrial production, lower U.K. growth forecasts and ratings cuts for Spain and Italy raised concern Europe’s sovereign-debt crisis is worsening.
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By Joseph Ciolli, Bloomberg |
August 6, 2012
The dollar fell against most of its major counterparts as risk appetite increased amid speculation central banks may take further steps to boost economic growth.
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By David Goodman and Mariko Ishikawa, Bloomberg |
August 1, 2012
The dollar swung between advances and declines against the euro as investors awaited policy decisions from the Federal Reserve and European Central Bank amid mounting evidence that economies around the world are slowing.
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By Phil Flynn |
August 1, 2012
The oil market sold off on better than expected economic data in the US making it less likely that the Fed will move at this meeting.
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By Rita Nazareth and Julia Leite, Bloomberg |
July 30, 2012
Most U.S. stocks fell following the biggest two-day rally of the year, while European equities rose for a third day and Spanish bonds rallied on speculation policy makers will take action to ease the region’s debt crisis.
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By Rachel Graham and Richard Frost, Bloomberg |
July 30, 2012
Stocks rose, sending U.S. and European benchmark indexes to almost four-month highs, and Spanish bonds rallied on speculation policy makers will take action to ease Europe’s debt crisis.
