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By Elizabeth Campbell, Bloomberg |
September 2, 2012
Speculators increased bets on rising gold prices to the highest since March on mounting speculation that the Federal Reserve will expand its record stimulus.
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By Nicholas Larkin and Whitney McFerron, Bloomberg |
August 31, 2012
Corn and soybean traders extended their longest bullish outlook in at least 11 months on speculation rain in the U.S. will come too late to revive crops after the worst drought in a half century.
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By Anthony Lazzara |
August 31, 2012
We take a look at Platinum futures this morning, and we notice that our key pivot level of $1,510 was a nice support area as platinum dipped after Bernanke’s speech.
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By Steve Matthews and Sara Eisen, Bloomberg |
August 31, 2012
Federal Reserve Bank of St. Louis President James Bullard said policy makers should wait for more data before deciding on “big action” to boost the economy.
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By Alex Kowalski, Bloomberg |
August 30, 2012
Consumer spending in the U.S. climbed in July for the first time in three months as the biggest part of the economy struggled to overcome a jobless rate hovering over 8 percent.
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By Jeff Kearns, Bloomberg |
August 29, 2012
The Federal Reserve said the U.S. economy continued to expand “gradually” in July and early August as improvement in housing and retail sales helped outweigh weakness in manufacturing.
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By Joseph Ciolli, Bloomberg |
August 29, 2012
The dollar gained against the majority of its most-traded peers as the economy expanded more than previously estimated in the second quarter and as pending home sales in July exceeded forecasts.
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By Alex Kowalski, Bloomberg |
August 29, 2012
The U.S. economy expanded more than previously estimated in the second quarter, reflecting an improvement in the trade deficit and a pickup in household spending on utilities.
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By Michael P. Regan and Lu Wang, Bloomberg |
August 28, 2012
Treasuries rose, sending 10-year yields to a two-week low, while U.S. stocks fluctuated as consumer confidence slid and investors awaited Federal Reserve Chairman Ben S. Bernanke’s speech on the economy in three days.
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By Jon Nadler |
August 27, 2012
The four principal precious metals are flashing the “overbought” signal in the wake of last week’s “Fedphoria-induced” rallies. Additionally, the GOP ignited a firestorm debate over the viability of returning to the gold standard.
