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LOS ANGELES (MarketWatch) — It’s ugly out there for the stock market, which means that gold bugs are finally catching some relief as prices on Wednesday were poised to make it three positive sessions in a row for the struggling metal. At last check, gold for December delivery GCZ4, +0...
Metals
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Ronnie Mansolillo, 8 October 2014, 09:20
On Wednesday, both the Japanese yen and the Australian dollar declined in Asia with China markets back to action after a week-long holiday...
Currency
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News, 8 October 2014, 07:44 #usd/jpy
Gold climbed from this year’s low in London as the dollar descended from a four-year high, platinum rose from a five-year low. Investors await Asian buyers to return from a holiday...
Metals
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News, 7 October 2014, 12:11 #Platinum, Fed
CHAPEL HILL, N.C. (MarketWatch) — Gold’s $20 plunge on Friday was accompanied by a big increase in bullishness among gold timers. That’s just the opposite of what you would expect, since the normal pattern is for gold timers’ bullishness to rise and fall in lockstep with the market...
Metals
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Ronnie Mansolillo, 7 October 2014, 11:56
On Tuesday, global stocks were mostly lower, after Wall Street edged down and the World Bank trimmed its Asian growth forecast...
Market News
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News, 7 October 2014, 11:03 #Wall Street, dax, Nikkei
MOSCOW--The Bank of Russia has intervened to shore up the ruble, shifting the currency's trading corridor again following its drop to record lows Monday on foreign-exchange markets, according to latest data from the central bank...
Currency
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Ronnie Mansolillo, 7 October 2014, 10:34
Samsung Electronics Co. gained on Tuesday and led technology companies higher causing emerging-market stocks climb for a third day. Chinese mobile companies rebounded, according to Bloomberg...
Market News
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News, 7 October 2014, 09:50 #Hang Seng
Crude-oil futures remained subdued on Tuesday with prices moving in a narrow trading range. On the New York Mercantile Exchange, light, sweet crude futures for delivery in November CLX4, +0.11% traded at $90.27 a barrel, down 7 cents in the Globex electronic session...
Crude Oil
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Ronnie Mansolillo, 7 October 2014, 09:19
LOS ANGELES (MarketWatch) -- The Bank of Japan kept its policy unchanged Tuesday as widely expected, adding no new easing...
Currency
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Ronnie Mansolillo, 7 October 2014, 09:12
One of the worst days in the history of cryptocurrency trading: leading digital currency Bitcoin fell to the session’s lowest figures, altcoins like Litecoin, Dogecoin and Darkcoin also crashed by huge margins...
Currency
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Sergey Golubev, 7 October 2014, 06:11 #Cryptocurrency
In a few weeks, we reach the beginning of that six-month stretch when stocks over the decades have tended to perform at their best. But looking ahead, David Kotok, chairman of Cumberland Advisors and a respected value investor, is decidedly cautious...
Currency
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Ronnie Mansolillo, 7 October 2014, 00:58
There are 101 reasons why oil has fallen as hard as it has, hitting a two-year low. The main reason in the back of it all is U.S. oil production...
Crude Oil
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Sergey Golubev, 6 October 2014, 21:11 #OPEC
NEW YORK (MarketWatch) — The U.S. stock market turned negative on Monday as key benchmarks relinquished early morning gains. Small-cap and tech stocks led the losses...
Market News
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Ronnie Mansolillo, 6 October 2014, 18:36
Speaking at the Institute of Directors’ annual convention in the Royal Albert Hall, Jon Matonis, executive director of the Bitcoin Foundation claimed that “When it clicks, we’re going to reach an inflection point and Bitcoin will become the new gold...
Currency
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Patti, 6 October 2014, 15:11 #bitcoin
(Reuters) - Silicon Valley stalwart Hewlett-Packard Co, which has struggled to adapt to the new era of mobile and online computing, plans to split into two companies as it looks to put more focus on the faster-growing corporate services market, according to a Wall Street Journal report on Sunday...
Market News
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Ronnie Mansolillo, 6 October 2014, 09:57
This weekend Financial Secretary John Tsang admitted that the government was not psychologically prepared for such scale of the protests...
Currency
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Anton Voropaev, 6 October 2014, 09:46 #Fed
(Reuters) - Japanese Prime Minister Shinzo Abe said on Monday there are both positive and negative factors to a weak yen, stressing that he will closely monitor the effects on the economy. "I won't comment on specific exchange-rate levels...
Currency
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Ronnie Mansolillo, 6 October 2014, 09:38
won’t comment on specific yen levels; in general weak yen pushes up import costs and hurts small companies while exporters; Japanese PM giving us a quick lesson in basic economics; export declines have stopped due to weak yen since Abenomics introduced; hopes firms are beginning to shift investme...
Currency
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Francesco Sgarbossa, 6 October 2014, 09:19
Bill Gates believes that the digital currency is a revolutionary technology and key. He was participating in SIBOS 2014 at Boston. Talking to Bloomberg TV’s Erik Schatzker, Bill Gates admitted said that the Bitcoin technology is key...
Currency
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BlondieNews, 6 October 2014, 06:11 #bitcoin
Hello everyone and welcome to my blog. I'm going to discuss my newest indicator the ABSAV; why I made it and why I think every trader should use it. The idea that volume and price and interconnected isn't a new one...
Currency
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Patrick Cofflin, 6 October 2014, 05:39 #forex