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By Phil Flynn |
April 29, 2013
The oil market is getting a stimulating start as oil traders look to the ECB to give the trade a boost. Add a dash of stimulus and we see oil near a two week high.
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By Brendan Murray and Scott Lanman, Bloomberg |
April 5, 2013
After watching Ben S. Bernanke take unprecedented steps for four years to rebound from the worst recession since the Great Depression, the Bank of Japan is signaling that the Federal Reserve’s full-throttle approach to stimulus is the way to end 15 years of deflation.
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By Brian K. Sullivan, Bloomberg |
March 21, 2013
Drought may persist from California to Texas while improving slightly in the Great Plains as temperatures soar above normal across most of the U.S. from April through June, the Climate Prediction Center said.
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By Prashant Gopal, Bloomberg |
March 21, 2013
U.S. house prices rose 6.5% in the year through January, the biggest jump since 2006, as values surged on the West Coast and in the area including Nevada and Arizona, the Federal Housing Finance Agency said.
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By Tony C. Dreibus, Bloomberg |
March 18, 2013
Investors increased wagers on a commodity rally by the most in eight months as signs of a U.S. economic recovery bolstered the outlook for demand and drove rallies in crude oil, cotton, copper and gold.
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By Elizabeth Campbell, Bloomberg |
February 14, 2013
The worst U.S. drought since the 1930s is shrinking a cattle herd that’s already the smallest since 1952 and signaling tighter beef supplies and higher costs for restaurant owners.
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By Phil Flynn |
January 28, 2013
While WTI and heating oil look toppy, RBOB on the other-hand looks poised to drive higher. RBOB looks to target more than $3.00 a gallon basis the March future.
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By Phil Flynn |
January 17, 2013
Oil supply surprisingly fell yesterday as a drop in Saudi Production and a shutdown of the Seaway Pipeline for expansion took a toll on U.S. imports.
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By Lynn Doan, Pratish Narayanan and Lananh Nguyen, Bloomberg |
December 18, 2012
Retail gasoline prices in the U.S. fell to the lowest level in a year as refineries restored production and stockpiles rose to the most in eight months, blunting criticism of President Barack Obama’s energy policies.
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By John Detrixhe and Matt Robinson, Bloomberg |
December 17, 2012
The global bond market disagreed with Moody’s Investors Service and Standard & Poor’s more often than not this year when the companies told investors that governments were becoming safer or more risky.