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Gold prices first fell below the $1,400 per ounce level in April. For central banks that bought up 534.6 metric tons of gold last year this hasn't been a good time. Gold is well off its 52-week high of $1,804. Global gold holdings totaled 31,793.9

Across the globe, financial markets are falling like dominos, one by one. As America and other developed nations struggle to recover from the financial crisis, the ongoing challenge now starts to claim casualties in multiple asset classes around the

Traders at some of the world’s biggest banks manipulated benchmark foreign-exchange rates used to set the value of trillions of dollars of investments, according to five dealers with knowledge of the practice. Employees have been front-running client

Australia's GDP growth expanded merely 0.6% in the first quarter. This was after a 0.6% rise in Q4 2012. Meanwhile, there are a lot of people shorting the Australian dollar. Minus export growth however, Societe Generale's Albert Edwards writes that

Everything I have learned about managing my own and other's money over the past decade and a half has taught me to avoid short-term trading (i.e. day trading) like a plague. Yet, like a forbidden fruit trading has always enticed me. Trading Rock

Leaders of the Group of Eight (G8) industrialised nations are likely to discuss their different views of the role of central banks and monetary policy at a summit in Northern Ireland next week, a German source said on Thursday. "It is understandable

The number of people seeking U.S. unemployment benefits likely remained at relatively low levels last week, suggesting that steady job gains will continue. Economists forecast that applications ticked down by 1,000 last week to a seasonally adjusted

There’s no shortage of descriptions out there for central-bank policies — past favorites have included allusions to mad scientists and heroin treatment programs. But Scott Minerd, global chief investment officer at Guggenheim Partners, may take the

Faced with a rash of insider trading in the markets, federal prosecutors and securities regulators in recent years have stepped up efforts to crack down on violations. But insider trading and market fraud persist, perhaps at epidemic levels. Even

Japan’s economy grew more than the government initially estimated in the first quarter, helping Prime Minister Shinzo Abe to sustain confidence in his campaign to defeat deflation. Gross domestic product expanded an annualized 4.1 percent, compared

Last week saw a crazy full schedule of economic data accompanied by market volatility. This week has much quieter calendar. "The first important data release does not arrive until Thursday, when we get May retail sales," said Deutsche Bank's Joe

Citing the strength of the U.S. economy and the dollar’s standing in the world, Standard & Poor’s on Monday raised its outlook on the U.S. credit rating — even as the ratings agency said Washington lawmakers have a “lesser ability” than others

What do the wine producers of Burgundy, Champagne and Bordeaux have in common with Chinese telecom companies and solar panel manufacturers? All three industries are at the sharp end of a growing trade dispute between the European Union and China that

Revelations that the government runs a widespread surveillance program monitoring call logs and electronic communications may sound like a troubling threat to individual privacy. But security experts say most Americans should be more concerned with

On Wednesday, the German Constitutional Court will hold a public hearing on the legality of the European Central Bank's "outright monetary transactions" (OMT) program. The OMT is a program announced last summer that gives the ECB the ability to

Here's what you need to know. Asian markets were lower in overnight trading with the Nikkei down 1.45%. Europe is selling off with Italy down nearly 2%. U.S. futures are down. The Bank of Japan failed to take any measures to address a month of

The promise by the European Central Bank to do "whatever it takes" to save the euro is being challenged in Germany's constitutional court. The ECB's vow to buy up the bonds of eurozone countries if they come under severe pressure has been credited

Trading has a few simple rules - do the opposite of Goldman's Thomas Stolper; don't fight the Fed; and buy low, sell high. However, as this series of charts from Nanex shows, it is the latter rule that is the easiest to comprehend and yet - thanks to

The dollar weakened against most currencies on Wednesday after a report showed hiring in the U.S. private sector fell short of expectations last month, which reduced the chances the Federal Reserve could wind down its stimulus program any time soon

Back on Monday, following the huge miss in the Manufacturing ISM, in collaboration with Nanex, we exposed yet another instance of blatant headline data frontrunning in "15 Milliseconds Of HFT Fame: Watch Today's Early Leak Of The ISM Print" where we