High quality global journalism requires investment. Global corporate borrowers are returning to the US debt capital markets after sales of new bonds collapsed last week in the aftermath of a sharp sell-off in equities and a spike in volatility...
• Central bank intervention in US adds to optimism • EU forced to pledge ‘all help possible’ to Greece Strong US factory output growth and the intervention of a senior American central bank official brought some relief to markets following three days of turmoil that have knocked billions of pound...
MEXICO CITY—Mexican conglomerate Alfa SAB said Monday it plans to issue new stock to raise capital as it seeks to take advantage of opportunities opened up for the private sector under Mexico’s new energy laws. Alfa, based in Monterrey, said in a news release that the... Read more -> Sources...
(Bill Holter) Silver closed last week under $17 for the first time in 4 years. Maybe we have in store another "event" like 2008, 2011 or 2013 where the "price" gets forced down which explodes demand to a point where shortages again show up? Read More -> Sources...
LME Confirmed as New Metals Ringmaster as Market Rigging Fears Take Benchmarking Digital With palladium and platinum price 'fixing' shifting to the LME in December, is benchmark manipulation likely to be curbed or compounded? Any system or solution is only as good as its wielder...
The dollar to weaken in the wake of China's data confirm that the slowdown of the second world economy with possible repercussions on the global economic cycle. The cross Eur / Usd back above 1.28 is placed below the resistance at 1...
Mario Draghi, the European Central Bank president, indicated in September that the latest measures to boost faltering eurozone inflation and get the economy moving again could increase the ECB’s balance sheet up by to €1 trillion...
Dollar slightly down on yen and Australian currency on the shields on the end of the Asian session, as investors still metabolize the latest macro data from China which showed a growth that is losing force, the lowest level since the financial crisis of 2008/2009, and could need for new stimulus...
The California Earthquake Authority, the largest seismic insurer in the U.S., is selling $350 million in bonds to strengthen its ability to pay claims, after the state’s first death due to a quake in 11 years. The debt, which is federally taxable, is the first offering by the authority since 2006...
Tim Cook is getting the end-of-year shopping season down to a science. Apple Inc. (AAPL)’s chief executive officer yesterday forecast a record holiday sales quarter, fueled by new bigger-screen iPhones, refreshed and slimmer iPads and the introduction of the Apple Pay mobile-payments service...
Asian stock markets drifted lower Tuesday after China reported its weakest economic growth in five years. Wall Street stock futures were under pressure several hours ahead of the market open in New York. Japan’s Nikkei 225 index fell 2...
The defense company estimates that its finance expense will rise by $15-20 million. Elbit Systems Ltd...
Today's Euro Forecast: EUR to Rally Against the Dollar and Pound by Credit Agricole The euro dollar exchange rate (EUR/USD) could find upside as we move through the remainder of 2014 say analysts at Credit Agricole...
Simon Cox is Investment Strategist for Asia-Pacific at BNY Mellon Investment Management in Hong Kong. THE chart below shows growth and inflation in an unidentified economy. Even without naming the place, it is clear that all is not going well...
LAST week, the Nobel prize in economics was awarded to Jean Tirole (see this week's Free exchange column) for his work examining the difficulties in regulating firms with substantial market power...
Apple Inc. said its quarterly profit rose 13% as strong demand for its new larger-screen iPhones helped to overcome sluggish iPad sales. The Cupertino, Calif., technology giant AAPL, +1.46% is riding high from the flood of demand for a pair of new iPhones released in September...
The face of automation on Wall Street is a computer hooked up to nine blinking screens that goes by the name Quantitative Market Maker, or Q.M.M. Until last year, the work that Q.M.M. performs was handled by human traders at JPMorgan Chase, who would shout prices into a phone and yell "Done...
Gold has posted modest gains on Monday, as the spot price is $1243.36 per ounce in the European session. Gold has recovered nicely in the past two weeks, when it was trading below $1190. In economic news, it’s a quiet start to the week, with no US data releases on Monday...
Natural gas futures tumble to 11-month low on mild weather. Investing.com - U.S. natural gas futures fell to an 11-month low on Monday, as investors bet that mild weather will dampen early-winter demand for the heating fuel...
Investing.com - The U.S. dollar was little changed against the Canadian dollar on Monday, as concerns over the outlook for global growth kept investors cautious, dampening demand for riskier assets. USD/CAD was trading at 1...
