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By Olga Tanas and Scott Rose, Bloomberg |
May 15, 2013
Russia left its main interest rates unchanged for an eighth month, brushing off government calls for lower borrowing costs and repeating an incremental cut to seldom used rates after inflation accelerated last month.
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By Phil Flynn |
May 1, 2013
Oil is backtracking and the outside markets seem to suggest that the Federal Reserve will have to do the same. Oil prices are trying to balance weak manufacturing data out of China versus today's Fed decision.
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By Phil Flynn |
April 30, 2013
Natural gas bears still bemoan the cold as it appears that gas prices have to continue to soar because winter refuses to go quietly. The market continues to rise to make sure we refill storage.
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By Scott Rose and Olga Tanas, Bloomberg |
March 29, 2013
Russia will probably leave interest rates unchanged for a seventh month as inflation holds more than a percentage point above above the central bank’s target range.
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By Mike Cohen and Ilya Arkhipov, Bloomberg |
March 26, 2013
The biggest emerging markets are uniting to tackle under-development and currency volatility with plans to set up institutions that encroach on the roles of the World Bank and International Monetary Fund.
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By Scott Rose and Marina Sysoyeva, Bloomberg |
March 25, 2013
Russian President Vladimir Putin signaled acceptance of an accord reached by Cyprus on an international bailout, a week after berating an earlier rescue plan as “unfair, unprofessional and dangerous.”
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By Susanne Walker and Neal Armstrong, Bloomberg |
March 20, 2013
Treasuries fell for the first time in four days before the Federal Reserve ends a policy meeting amid speculation the central bank will maintain its bond-buying program, underpinning demand for higher-yielding assets.
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By Phil Flynn |
March 19, 2013
The oil market was trying to put the situation in Cyprus behind itself. While the Parliament put off the vote and kicked the can down the road, traders tried to justify the return of confidence in the market.
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By Nicholas Comfort, Bloomberg |
March 18, 2013
European banks declined on concern an unprecedented tax on savings in Cyprus will have negative implications for the ratings of the continent’s lenders.
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By Phil Flynn |
February 14, 2013
The oil bulls that were riding a wave of bullish demand optimism lost confidence after the International Energy Agency said that perhaps traders shouldn’t be just that excited.
