Wed Dec 21, 2016 By Jamie McGeever and Vikram Subhedar | LONDON Traditional measures of volatility at historic lows and Wall Street stocks at new record highs went hand-in-hand in 2016 with traders fretting about bouts of wild stock-price swings and currency flash-crashes. The past year has been nothing if not paradoxical for financial markets […]
By Sujata Rao and Patrick Graham LONDON (Reuters) – The U.S. dollar’s renewed surge and signs that it will build on current 14-year highs are leaving a trail of destruction through world currency markets and forcing policymakers to rethink mechanisms to deal with the fallout. Currencies from the Indian rupee to the offshore version of […]
By Gary Ashton | November 23, 2016 On a day when the Dow Jones Industrial Average touched 19,000 for the first time in history, investors would be forgiven for asking themselves if the shine has come off gold as a safe-haven investment. The price of gold has breached the psychologically important $1,200 per ounce level […]
By Myra P. Saefong Published: Nov 18, 2016 Volatility in commodities has been high in the wake of Donald Trump’s presidential election victory, but as the initial shock wears off, a more clear picture of what his presidency means for gold, oil and industrial commodities has emerged. Already, Trump’s proposed plan to improve the U.S. […]
By Lisa Abramowicz Nov 8, 2016 GREENSPAN’S FORECAST FOR POTENTIAL YIELD ON 10-YEAR BONDS 5% The longest-dated U.S. government bonds have fallen out of favor in recent weeks. The debt just posted its biggest monthly loss in more than a year, with one Canadian company selling 90 percent of its longer-maturity Treasuries ahead of the […]
November 2, 2016 Julie Verhage Over the last 20 years the S&P 500 index has only recorded a seven-day losing streak on three separate occasions. The first was in 2008 after Lehman Brothers collapsed, while the other two were during Europe’s 2011 debt crisis. If the index ends the day lower on Wednesday, it’ll chalk […]
Gold prices are up more than 19% so far this year, but there may be more to come, this according to two veteran investors Mary-Anne & Pamela Aden — known in the industry as the Aden Sisters. Speaking with Kitco News, the Adens said they think 2017 will be the “turnaround year” for the gold […]
By Ishaan Tharoor October 25 2016 You won’t be able to tell the story of the 21st century without India and China as its main protagonists. Just look at the numbers. The world’s two most populous nations are poised to get even larger, but while their economies were in the doldrums for much of the 20th […]
Oct 26, 2016 RYAN VLASTELICA Since Brexit, the market has stayed close to its record, but can’t seem to make new ones. Ahead of the end of a lengthy and highly contentious election season, many Americans are holding their breath until it’s over. So is the stock market. Wall Street has been unusually quiet for […]
Javier Blass, Oct 19, 2016 In an effort to get prices off the mat, Saudi Arabia looks to pull back on the amount of crude it pumps. Next year will be a test of strength for Saudi Arabia, the world’s largest oil exporter, as it tries to regain control of the market and lift prices. […]