In last week's Swiss gold referendum, roughly 78% voted against expanding central bank gold reserves to 20% of central bank assets from the current 7%, as Forbes reports...
Gold raised as higher energy prices pressed concern that inflation will remain low and spurred demand for the precious metal as a store of value. Weaker gold prices are incentivizing demand in Asia, with Shanghai trading in the metal hitting last year's record...
“There’s no doubt lower oil prices will act as a stimulus to growth in the region,” Frederik Ducrozet, a Paris-based economist at Credit Agricole, said by phone to Bloomberg. “Greece, Spain, Portugal and Italy would be clear beneficiaries.”...
It’s almost the end of the year and you know what that means - it’s time to look back and review the movers and shakers of the currency world! So which currency pairs dominated 2014 trading? 1. USD/JPY (+13...
After unexpected USD weakness on Monday allowed commodities and metals an opportunity to recover some recent heavy losses, the USD regained its momentum on Tuesday...
Amazon stocks might be in for more gains, as price just recently broke through a key resistance zone. Price just closed a few days above the 200 simple moving average. MACD is heading higher, indicating that there’s buying momentum present and may be enough to sustain the rally for Amazon stocks...
The week could not have gotten off to much more of a negative start with a series of disappointing economic data...
On Monday the Russian central bank was reported to be active in the currency markets as it sought to restrain what seemed like the biggest one-day fall in the ruble since the debt default of 1998. It is understandable why Moscow backtracked...
As oil prices drop to more than four-year lows, analysts are slashing their forecasts, with some predicting it could plunge as much as 40 percent to around $40 a barrel...
The world’s biggest mining company BHP Billiton Ltd. considers there will be no slowdown in the drive by global iron-ore producers to boost production even as prices slump...
With the Fed cutting back its massive QE bond-buying program this year bonds would plunge. It seems that economists expecting bonds to plunge failed to anticipate that foreign demand for U.S. treasury bonds would make up for the slowing of Fed bond buying...
The overwhelming majority of market attention on Thursday was directed on the OPEC meeting, where a decision was made not to cut Oil production...
Both Brent and Crude Oil extended to new milestone lows overnight, with optimism continuing to fade that the OPEC decision later today will support a cut in production. Overnight, Brent declined to $76.30 while Crude dropped to $72.58...
Brent and West Texas Intermediate extended declines from the lowest price in more than four years amid speculation that OPEC will refrain from cutting output when ministers meet in Vienna today...
Most consider the father of technical analysis to be Charles Dow, the founder of Dow Jones and Company which publishes the Wall Street Journal. Around 1900 he wrote a series of papers which looked at the way prices of the Dow Jones Industrial Average and the Dow Jones Transportation Index moved...
Brent crude oil steadied below $79 a barrel on Wednesday after Saudi Arabia signaled that despite lunging prices it was unlikely to push for a major change in OPEC oil output...
On Wednesday OPEC leader Saudi Arabia anounced it was unlikely to push for a major change in oil output at the producer group's meeting this week...
Trend Following (Updated Edition): Learn to Make Millions in Up or Down Markets by Michael W. Covel Discover the investment strategy that works in any market. The one strategy that works in up and down markets, good times and bad...
If you took a glance at the gains stocks are making at present, you would suggest optimism in the global economy must be picking up. On Monday, the S&P 500 recorded a new milestone high (2071.46) while NASDAQ climbed to 4,754.89 and the Dow Jones Industrial Average reached 17817.90...
Last october alone the value of one bitcoin has fluctuated by more than a third, falling from around $400 to $320, and then rising up again to $450. Today it is currently hovering back at around $400...
