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By Alanna Byrne |
December 20, 2012
On the heels of Wednesday’s news that housing starts took a slight dip in November comes the report that existing home sales rose in all regions last month.
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By Alex Kowalski, Bloomberg |
December 5, 2012
Services industries in the U.S. unexpectedly expanded at a faster pace than forecast in November, indicating the economy is holding up in the face of the so-called fiscal cliff.
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By Austin Kiddle |
December 5, 2012
The plunge in gold prices on Tuesday was accompanied by a fall in the Dollar Index. But why?
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By Austin Kiddle |
November 30, 2012
Analysts' median forecast for 2013 year-end gold price has risen from $1,832 as of end-September to $1,850 currently.
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By Austin Kiddle |
November 23, 2012
The U.S. Comex gold futures rebounded 0.34% in the past two days, ending at $1,729.50 on Thursday. The S&P 500 index went up 0.23% on Wednesday, before the U.S. Thanksgiving holiday.
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By Anthony Lazzara |
November 15, 2012
The head of Japan’s main opposition party called for a move toward negative interest rates, thus causing further selling of an already weakened Yen.
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By Lorraine Woellert, Bloomberg |
November 5, 2012
Service industries in the U.S. kept growing in October, helped by consumer spending gains that are helping bolster the expansion.
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By Phil Flynn |
November 1, 2012
Today the energy complex is going to have to balance an increase in the China Purchasing Managers’ Index number versus the historic energy demand destruction caused by Hurricane Sandy.
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By Austin Kiddle |
October 26, 2012
Gold traders seem frustrated after the gold futures failed to pierce through $1,800 in early October. Also the market appears to be concerned with the "D" word — deflation.
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By Dominick Chirichella |
October 24, 2012
The global economy is going nowhere quick and now it is starting to be reflected in corporate earnings reports. This sent equities into a tailspin that weighed on oil over concern that oil demand growth is also going to slow further.
