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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 Kartikay Mehrotra and Rakteem Katakey, Bloomberg |
July 31, 2012
India’s electricity grid collapsed for the second time in as many days, cutting off more than half the country’s 1.2 billion population in the nation’s worst power crisis on record.
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By Jon Nadler |
July 23, 2012
The new trading week was off to a rocky start in precious metals as, despite only a relatively small, 0.20% advance in US dollar (to just above 83.80 on the index) the complex headed for lower price ground overnight.
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By Sridhar Natarajan and Stephen Gunnion, Bloomberg |
July 16, 2012
Most Emerging-market stocks retreated as retail purchases in the U.S. unexpectedly fell and the International Monetary Fund lowered its global growth forecast, dimming the outlook for exporters.
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By Kartik Goyal, Bloomberg |
June 11, 2012
India may become the first BRIC nation to lose its investment-grade credit rating, Standard & Poor’s said, citing slowing growth and political roadblocks to economic policy making. The rupee weakened and stocks fell.
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By Lilian Karunungan and Yumi Teso, Bloomberg |
May 30, 2012
Just three months ago, emerging nations from Indonesia to Brazil were intervening in foreign exchange markets to make exports more competitive. Now they are selling dollars to stem currency declines and quell inflation.
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By Jon Nadler |
April 4, 2012
Gold headed sharply lower and touched the $1640.00 bid level as panicked sellers pulled the “Bail!” triggers en masse.
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By Jon Nadler |
February 10, 2012
Daily metals update including gold and silver analysis.
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By Press Release |
September 11, 2011
India's central bank says Credit Agricole failed to carry out proper due diligence or comply with the bank's directives on derivatives.
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By Jon Nadler |
July 26, 2011
Daily metals update including analysis of gold and silver