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By Jeff Kearns and Steve Matthews, Bloomberg |
April 17, 2013
The Federal Reserve said the U.S. economic expansion remained “moderate” amid gains in manufacturing, housing and autos that offset weakness in defense-related industries in some regions.
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By Shobhana Chandra, Bloomberg |
January 30, 2013
The economy in the U.S. unexpectedly shrank in the fourth quarter, restrained by the biggest plunge in defense spending in four decades and dwindling inventory growth, as household purchases picked up.
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By Phil Flynn |
January 24, 2013
A Seaway glitch and the house passage of a short term extension of the debt ceiling along with a reduction in the IMF growth forecast, helped oil have its biggest drop of this New Year.
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By Elisabeth Behrmann |
January 22, 2013
The world’s largest mining company forecast 10% compound annual output growth to the end of fiscal 2014, boosted by increased volumes in iron ore, copper and petroleum.
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By Jon Nadler |
January 18, 2013
Gold prices touched a one-month high near $1,699 on Thursday as a slightly weaker greenback and a spike in black gold inspired short-term specs to buy the metal at its daily lows in the morning hours.
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By Lorraine Woellert, Bloomberg |
October 4, 2012
Orders placed with U.S. factories fell in August by the most in more than three years, signaling that slowdowns in business investment and exports restrained the economic expansion.
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By Jon Nadler |
August 1, 2012
While gold prices have held above the $1,600 pivot level, the action in either direction has been anything but orderly, and it often has not take more than a hint of a delay in easing actions by the Fed or the ECB to send enthusiasm withering.
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By Jon Nadler |
April 23, 2012
Spot gold fell $19 (1.1%) after the opening bell and was quoted at $1,623.50 the ounce. In the background, the US dollar was up 0.40% at 79.53 on the index and crude oil lost $1.02 to ease to the $102.80 level per barrel.
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By Adam Hamilton |
April 21, 2012
Commodities have tanked since late February. The reasoning? Much is rooted in Western perceptions of the Chinese economy.
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By Jon Nadler |
April 2, 2012
Overall, the speculative gold trade is still concerned about the potential slackening of physical gold demand from key consuming nations such as India and Turkey and about waning investment demand.
