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On Tuesday the Australian dollar was lower against its U.S. peer, despite upbeat business confidence data from Australia. The greenback was also broadly lower after Monday's report saying that U.S. President Barack Obama...
Currency
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News, 9 June 2015, 09:21 #usd/jpy, forex news, EUR/USD
Greece Accepts Being Near Economic Collapse The Greek Government recently admitted that their economy is standing on the verge of being collapsed...
Currency
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BlondieNews, 9 June 2015, 06:11 #Cryptocurrency, bitcoin
He has supported Bitcoin and the blockchain, voicing his belief that the technologies are part of a larger change in how trust is being established in society...
Currency
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BlondieNews, 9 June 2015, 03:11 #bitcoin
The stronger US jobs report sent gold lower - reaching the lowest trading level since March 19th. The low price extended a little below that level to 1162.66 before rebounding back higher...
Metals
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Sergey Golubev, 8 June 2015, 21:11 #gold, technical analysis
According to UBS, gold remains a strong safe-haven asset despite changing dynamics in the marketplace during the last 15 years...
Metals
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News, 8 June 2015, 19:11 #metals, gold
Goldman Sachs International's Vice Chairman Michael Sherwood told CNBC on Monday that it is too early to predict how long will the selloff in governmet bonds last in the wake of "unprecedented" market volatility...
Market News
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News, 8 June 2015, 16:07 #QE, Goldman Sachs
Gold prices climbed on Monday on some short covering in the futures market and some bargain hunting in the cash, says Kitco News. Prices had dropped to a 2.5-month low last Friday...
Metals
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News, 8 June 2015, 15:26 #comex, silver, metals
In afternoon trading on Friday, Energy stocks are the best performing sector, up 1.4%. Within that group, Transocean Ltd. (NYSE: RIG) and Newfield Exploration Co. (NYSE: NFX) are two large stocks leading the way. The next best performing sector is the Financial sector, higher by 0.5...
Market News
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Sergey Golubev, 8 June 2015, 15:11 #stock market, S&P 500
European stocks dropped on Monday with Germany's benchmark index falling 10 percent from its April peak. German bond yields rise again...
Market News
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News, 8 June 2015, 14:56 #dax, stocks
On Monday the pound tumbled against the U.S. dollar, re-approaching a one-month low as demand for the greenback remained broadly supported by Friday's positive U.S. employment data...
Currency
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News, 8 June 2015, 13:14 #usd/jpy, GBP/USD, forex news
Turkey’s lira hit an all-time low and stocks dropped as Turkey's ruling AK Party failed to win a majority government for the first time since 2002...
Currency
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News, 8 June 2015, 11:55
On Monday copper prices approached the lowest level in six weeks, after official numbers showed that China's imports of the metal were slower in the previous month...
Metals
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News, 8 June 2015, 10:24 #copper, China, metals
On Monday the greenback edged lower versus the yen in Asia trade, as investors kept their gains after last week's rally which brought the dollar to its 13-year peak. Investors were also cautious as the Nikkei index was lower from the opening bell, following the weakness in U.S. stocks Friday...
Currency
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News, 8 June 2015, 09:01 #Wall Street, Nikkei, usd/jpy
Here's what you need to know about money and investing this weekend. It’s not a good idea to tell people they’re not saving enough for retirement. Have you ever been tempted to borrow cash on your credit card? Don’t be. Wasik also has advice for student loan borrowers...
Market News
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Sergey Golubev, 7 June 2015, 17:07 #Dow Jones, stock market
"From a USD perspective the key development longer-term is the break to new multi-year highs around 125.00 seen in USDJPY, which has corresponded with fresh widening in US – Japan rate differentials. Many observers see the JPY as no longer expensive from a valuation perspective...
Currency
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Sergey Golubev, 7 June 2015, 06:11 #technical analysis
PepsiCo’s CEO Indra Nooyi was right. Now what? An audacious strategy shift beyond unhealthy snacks and drinks was prescient, but the challenges are still daunting...
Market News
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Sergey Golubev, 6 June 2015, 21:11 #stock market
Gold went from $250 /oz in 2000 to just over $1,900 within the next decade to hit the level of $1,900 in 2011. What if the yellow metal does the same run over the next decade? MarketWatch's columnist Avi Gilburt explains why it can happen...
Metals
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Alice F, 6 June 2015, 16:05 #Dow Jones, metals, gold
Gold was reaching the lowest trading level since March 19th. However, a lower channel support trend line held and the dollar peaked as well and started to correct. The lower channel trend line was tested at the 1163.50 area. The low price extended a little below that level to 1162...
Metals
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Sergey Golubev, 5 June 2015, 22:11 #gold, technical analysis
Eastern Exchanges (New Yorker) see also A goring concern: The economic dangers of China’s manic bull market (The Economist) How Companies Justify Big Pay Raises for CEOs (Bloomberg) Stats from the 2015 Fortune 500 List (TRB) What Twitter Can Be (Lower Case Capital) RealtyTrac: Average down paymen...
Market News
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Sergey Golubev, 5 June 2015, 18:11 #stock market
On Friday the euro plunged below $1.11, while dollar was sharply higher after release of strong employment data. Concerns over Greek default continued to weigh on the single currency...
Currency
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News, 5 June 2015, 16:57 #usd/jpy, forex news, EUR/USD