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By Anthony Lazzara |
October 3, 2013
The DEC13 Swiss Franc is a currency we have been watching, as it has exhibited a lot of strength recently, and is now trading steadily above the 1.11 level.
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By Jeanna Smialek, Bloomberg |
October 3, 2013
Service industries in the U.S. expanded in September at a slower pace than forecast, indicating a pause in the momentum of the biggest part of the economy before the federal government shut down.
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By Corinne Gretler, Bloomberg |
October 3, 2013
U.S. stocks fell for a second day as investors weighed an increase in jobless claims and lawmakers made little progress on ending the federal shutdown.
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By Elizabeth Campbell, Bloomberg |
September 9, 2013
Hedge funds’ combined holdings in gold futures increased to the most bullish since January on mounting concern that conflict in the Middle East will boost crude-oil prices, slowing economic growth and stoking inflation.
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By Lu Wang and Alex Barinka, Bloomberg |
September 5, 2013
U.S. stocks rose, with benchmark indexes poised for the longest rally since July, as investors weighed data on the labor market and American services industry before tomorrow’s monthly jobs report.
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By Jeanna Smialek, Bloomberg |
September 5, 2013
Service industries in the U.S. expanded in August at the fastest pace in almost eight years as a pickup in demand encouraged companies to step up hiring, showing the world’s biggest economy is gaining momentum.
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By Anthony Lazzara |
September 5, 2013
The SEP13 Swiss franc is the big loser in today’s FX markets, with the Franc/USD trading down 96 ticks to 105.87. As the economy heats up in Europe, China, and U.S. investors may be less likely to seek safe havens such as gold and Swiss franc.
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By David Goodman, Bloomberg |
September 5, 2013
The euro declined to a six-week low versus the dollar as European Central Bank President Mario Draghi said officials discussed an interest-rate cut at today’s policy meeting.
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By Jeanna Smialek, Bloomberg |
September 5, 2013
Growth in U.S. service industries unexpectedly accelerated in August as orders picked up, showing further progress in the world’s biggest economy.
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By Nick Taborek and Susanne Walker, Bloomberg |
August 5, 2013
Treasuries fell as stronger growth in American service industries dimmed prospects for Federal Reserve bond buying, while U.S. benchmark stock indexes retreated from records.
