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By Frank Holmes |
March 20, 2013
Would it surprise you to discover that China is planning to add 800 miles to its subway system over the next two years? That’s the distance equivalent to building a network from Dallas to Chicago!
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By Phil Flynn |
March 12, 2013
While the oil market fell, RBOB gasoline futures have gone crazy. Yet behind the volatility are a story of record high renewable fuel credits, surging ethanol costs and the possibility of government mandated shortages.
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By John Brynjolfsson |
March 5, 2013
A Chinese proverb, which could certainly be applied to the examination of monetary policy, advises: “if you want to know what the water is like, don’t ask the fish.” I take this advice to heart, as it fit my approach to life—step back and look at the big picture from...
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By Futures Staff |
February 1, 2013
Stormy in more ways than one, 2012 was a rough year. Here is our tongue-in-cheek look back over its defining events.
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By Joseph Ciolli and David Goodman, Bloomberg |
January 3, 2013
The dollar gained to its strongest level in almost three weeks against the euro on speculation U.S. policy makers will struggle to reach agreement on raising the nation’s debt limit, underpinning demand for the safest assets.
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By John Detrixhe, Bloomberg |
December 27, 2012
The dollar strengthened from almost an eight-month low against the euro after Senate Majority Leader Harry Reid said the U.S. may fall off the so-called fiscal cliff that threatens the nation with recession.
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By Emma Charlton and John Detrixhe, Bloomberg |
December 27, 2012
The euro strengthened to an almost eight-month high versus the dollar after French consumer confidence unexpectedly improved and Italian business sentiment climbed, underpinning demand for the region’s assets.
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By Allison Bennett and Masaki Kondo, Bloomberg |
December 26, 2012
The yen weakened past 85 per dollar for the first time since April 2011 as Japan’s Prime Minister Shinzo Abe said he would push for “bold monetary easing.”
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By Grant Smith and Lu Wang, Bloomberg |
December 17, 2012
U.S. stocks rose, sending the Standard & Poor’s 500 Index to an almost two-month high, as investors weighed prospects for a budget deal in Washington.
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By Gabrielle Coppola and Josue Leonel, Bloomberg |
November 16, 2012
Brazil’s real fell, extending its biggest weekly drop since June, on speculation the central bank will allow the currency to weaken as U.S. budget wrangling spurs demand for a refuge in the dollar.