Gold Continues Sell-Off
Gold continued to fall today following yesterday's decline of more than $100 to mark its largest sin...
France Raises Taxes on Companies and Wealthy to Protect Rating
Spooked by S&P's downgrade of American debt, France has raised corporate taxes as well as the wealth...
Bernanke to disappoint EURO positions?
Despite Euro-zone sovereign bonds continuing to be sold off, European Banks funding under stress wit...
US Durable Goods Orders Jump 4%
July's order for U.S. durable goods beat expectations jumping by 4 percent on greater demand for aut...
Japan Suffers Credit Rating Downgrade
Japan became the latest sovereign nation to receive a credit rating downgrade today as Moody's Inves...
Again the EUR fails to weaken!
The lack of a EUR selloff this morning, in the wake of a poor Euro industrial order print (-0.7%) an...
German Manufacturing Better Than Expected
The German Manufacturing Purchasing Manager's Index remained at a better-than-expected 52 for the mo...
European Stock Markets Rise on Fed Speculation
Stock markets in Europe gained 1-2 percent in morning trading on growing speculation that the U.S. F...
Merkel Describes Eurobonds as “Wrong Answer”
In an interview earlier today on German television, Chancellor Angela Merkel expressed her clearest ...
Gold Prices Could Go “Parabolic”
Gold prices continue to rise as investors turn to the metal for protection from plunging equity pric...
Oil Prices Decline as Libya’s Output Expected to Rise
With the apparent overthrow of the Muammar Gaddafi regime now all but a given, oil prices have decli...
Citigroup, JPMorgan Raise Recession Fears
Citing a sharp decline in growth and an uncertain political climate, Citigroup Inc. and JPMorgan Cha...
Gold Hits New Record – Closing in on $1,900
Gold touched a record high of $1,881.40 an ounce yesterday as demand climbed in the face of severe l...
Swiss Franc Still on the Rise
Yesterday's equity market sell-off sent investors into a defensive mode resulting in a move to safet...
What’s Your Safe Haven Currency Choice?
Capital markets reached a tipping point yesterday, pushed over by Euro bank funding concerns and wea...
Swiss Franc Declines on Speculation of Further SNB Intervention
The Swiss franc fell 0.7 percent to the dollar and 0.4 percent to the euro by mid-day trading in Lon...
US Jobless Claims Jump by 9,000 Over last Week
The number of claims for unemployment benefits in the U.S. rose by 9,000 last week to a seasonally-a...
Trifecta of US Data
What have we got this morning that going to keep us from falling into another stupor? A trifecta of ...