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By Joshua Zumbrun, Bloomberg |
April 16, 2013
Federal Reserve Bank of New York President William C. Dudley said a slowdown in the pace of employment growth in March highlights the need to maintain the pace of bond purchases.
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By Ari Altstedter, Bloomberg |
April 16, 2013
The Canadian dollar rose against its U.S. counterpart after yesterday’s largest drop in more than a year as gold pared losses following a 14 percent two-day plunge that damped demand for commodity-linked currencies.
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By Bloomberg News |
April 15, 2013
China’s economic growth unexpectedly lost momentum in the first quarter as gains in factory output and consumption weakened, driving stocks and commodities lower on concern global expansion will slow.
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By John L. Caiazzo |
April 14, 2013
Economic data drove markets this past week, while secondary concerns continue to be the back-and-forth information on North Korean intentions.
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By Lu Wang and Tony C. Dreibus, Bloomberg |
April 12, 2013
Metals and energy sank, sending a gauge of commodities to an eight-month low and extending a slump that Citigroup Inc. said may mark the “death bell” for the four-year rally in materials.
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By Marcus Holland |
April 12, 2013
Gold futures prices moved lower on Friday after the Commerce Department released worse than expected Retail Sales data. The decline in consumer confidence along with the lack of robust retail buying in March created headwinds for gold traders.
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By Anthony Lazzara |
April 12, 2013
. Possibly fueled by rumors that Cyprus may sell their gold reserves (currently denied by Cyprus), gold and silver market are getting smashed downwards today.
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By Barbara Powell, Bloomberg |
April 12, 2013
Gasoline sank to the lowest level since January on concern that U.S. and European economies are weakening, reducing fuel demand at the same time refineries increase output.
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By Jeanna Smialek |
April 12, 2013
Confidence among Americans fell in April to a nine-month low, which may point to a cooling in consumer spending, the biggest part of the economy.
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By Ari Altstedter, Bloomberg |
April 12, 2013
The Canadian dollar fell against its U.S. counterpart for the first time this week as U.S retail sales dropped the most in nine months and reports came that steps to strengthen Europe’s financial system were faltering.
