-
By Jana Randow and Jeff Black, Bloomberg |
May 2, 2013
The European Central Bank cut its key interest rate to a record low as the 17-nation euro region struggles to emerge from recession.
-
By Joseph Ciolli, Bloomberg |
March 18, 2013
The euro slid the most in 14 months against the dollar after a proposed levy on bank deposits in Cyprus threatened to worsen the European debt crisis.
-
By Austin Kiddle |
January 30, 2013
The gold-backed ETP holdings fell 22 metric tons from the Dec. 20 peak to 2,610.272 metric tons on Jan. 27. As the economy recovers, investors' appetite for gold may have decreased.
-
By Austin Kiddle |
January 11, 2013
Better than expected Chinese exports data cheered the stock, gold and commodities markets. In December, Chinese exports jumped 14.1%, compared to a forecast of 5%.
-
By Claudia Carpenter and Lu Wang |
December 18, 2012
Stocks rallied, sending the S&P 500 to a two-month high, and commodities gained on signs of progress in U.S. budget talks.
-
By Elisa Martinuzzi, Gabi Thesing and Alan Katz |
November 27, 2012
A court will decide tomorrow whether the European Central Bank should release files on how Greece used derivatives to hide its debt.
-
By Jeff Black and Jana Randow, Bloomberg |
November 8, 2012
European Central Bank President Mario Draghi said the economic outlook is worsening and the bank stands ready to activate its bond-purchase program if governments fulfil the necessary conditions.
-
By Austin Kiddle |
October 24, 2012
Technical selling of gold has occurred as the price of gold broke below its 50-day moving average on Tuesday. When gold prices failed to breach $1,800 an ounce, traders began paring back positions.
-
By Lukanyo Mnyanda and Allison Bennett, Bloomberg |
October 23, 2012
The euro dropped from a five-month high against the yen after Moody’s Investors Service cut the credit ratings of five Spanish regions and French industrial confidence fell to the lowest in more than three years.
-
By John Detrixhe and Lucy Meakin, Bloomberg |
October 11, 2012
The dollar weakened as speculation that Spain will seek a sovereign bailout eased investor demand for the currency as a haven.
