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By Bloomberg News |
April 9, 2013
Fitch Ratings Ltd. cut China’s long-term local-currency debt rating, citing increasing risks to the country’s financial stability given the lack of transparency in the increased borrowing of local governments.
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By Marc Nemenoff |
April 5, 2013
This morning the Monthly Unemployment Report showed an increase in non-farm payrolls of 88,000 vs. expectations of 200,000. Needless to say the market took this in a negative way for equities and bullish for Bonds.
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By Phil Flynn |
April 5, 2013
The day after a wildly bearish Energy Information Administration supply report showed that crude supplies are at the highest level for this time of year in 82 years, central banks and economic data in U.S. piled on to one of the most significant sell-off events this year.
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By Lorraine Woellert, Bloomberg |
March 26, 2013
Sales of new U.S. houses in February capped the best back-to-back months in more than four years, spurred by near record-low borrowing costs and improving job prospects.
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By Alasdair Macleod |
March 22, 2013
This week will be remembered for the Cypriot banking crisis. The largish jump in gold open interest last night on a small fall in the price suggests new buyers are accumulating positions at these levels.
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By Phil Flynn |
March 22, 2013
The oil markets are trying to rebound after falling hard on Cyprus headlines and deadlines. The risk of Cyprus leaving the Eurozone is rising after the attempts to sell natural gas reserves to Russia have reportedly failed.
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By Robert McCurtain |
March 17, 2013
Major indexes posted small gains last week with all rallying to new short and intermediate highs, but indicator confirmation is wanting.
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By Press Release |
March 13, 2013
CBOE and S&P Dow Jones Indices announced that they have finalized an amendment to their license agreement that extends CBOE's exclusive rights to list security options contracts based on certain indices through 2032, and non-exclusive rights through 2033.
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By Robert McCurtain |
March 8, 2013
Market gains have reasserted the intermediate uptrend, and indicators have confirmed the move. But how long can it sustain?
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By Robert McCurtain |
March 5, 2013
The Dow and S&P 500 are threatening to hit new highs, while the Nasdaq has some ground to make up.
