Following the bull market pattern of the past five years, the U.S. stock market continues to climb to new highs while shaking off all reasons for pessimism as well as the warnings of skeptics...
The table below shows you the best buys in exchange-traded funds holding tax-exempt bonds. But “best buy” means only “better than other muni ETFs”; it does not necessarily mean “good buy...
Australia posted a merchandise trade deficit of A$1.911 billion in May, the Australian Bureau of Statistics said on Wednesday - marking an increase of A$1.131 billion or 145 percent on the April deficit...
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Cabot Oil & Gas (COG) is now the #59 analyst pick, moving up by 1 spot...
Construction spending in the U.S. increased by much less than expected in the month of May, according to a report released by the Commerce Department on Tuesday. The report said construction spending inched up 0.1 percent to an annual rate of $956...
Activity in the U.S. manufacturing sector unexpectedly grew at a slightly slower rate in the month of June, according to a report released by the Institute for Supply Management on Tuesday. The ISM said its purchasing managers index edged down to 55.3 in June from 55...
Treasury Secretary Jacob Lew on Tuesday said that China's currency remains undervalued. U.S. and Chinese officials will discuss economic issues at an annual Strategic and Economic dialogue meeting in Beijing next week. In a preview of the talks at the U.S...
Prices broke higher after oscillating in a narrow range for over a week, taking out resistance at 1321.64 marked by the 38.2% Fibonacci expansion. Buyers now aim to challenge the 50% level at 1346.78, with a further push above that eyeing the 61.8% Fib at 1371.93...
Prices remain in consolidation mode below resistance at 106.74, the 23.6% Fibonacci expansion.A daily close above this barrier initially targets the 38.2% level at 108.04. Alternatively, a reversal below support in the 104.84-105...
West Texas Intermediate oil futures edged higher on Tuesday, as market players assessed demand prospects from the U.S. and the supply outlook in Iraq. On the New York Mercantile Exchange, crude oil for delivery in August rose 0.4%, or 42 cents, to trade at $105...
The dollar has changed against the euro and the yen on Tuesday, but the greenback’s gains held in check amid persistent concerns over the outlook for the U.S. recovery. EUR/USD fell 0.07% to 1.3682, easing back from the five-week high of 1.3698 set on Monday...
The Chinese manufacturing purchasing managers' index, or PMI, rose to a six-month high in June after a weak start to the year, the results of a survey by the China Federation Of Logistics And Purchasing and the National Bureau of Statistics showed Tuesday...
What risk setting do you use? Do you use your stop distance to determine risk, or do you use risk to determine your stop distance? I use both, and actually don't use a stop most of the time...
The Dallas Fed's latest manufacturing outlook survey is out, and the numbers look good. The headline index jumped to 11.4 in June from 8.0 in May. Economists were looking for a reading of 8.5...
Dubai stocks extended declines, heading for the first negative quarter in two years, as some investors judged shares too expensive even after the index entered a bear market last week. Qatar’s index also dropped. The DFM General Index (DFMGI) fell 2.4 percent to 4,123...
On the New York Mercantile Exchange, crude oil for delivery in August fell to a session low of $105.09 a barrel (minimal since June 26), before trimming losses to last trade at $105.20 during European morning hours, down 0.53%, or 55 cents. U.S. oil futures ended down 0...
Just posted official preliminary data on Monday. Consumer price inflation in the euro zone held steady in June, paying attention to concerns over the threat of deflation in the region. Euro zone inflation holds steady at 0.5% in June...
Junk bonds are yielding what?! The zero interest rate environment has created complacency and a reckless desire by investors of chasing yield into the riskiest spectrum of the financial markets...
Kitco News wraps up the week with Gary Wagner’s in-depth analysis of the gold market. Wagner says he’ll be looking at silver this week as well because of the metal’s ‘stellar’ performance in the precious metals space. “This rally has a unique characteristic,” he says...
European stocks were seen rising on Monday. Investors hope the reports from U.S. and Europe due in the week will soothe recent worries over the pace of economic growth. Shares in French bank BNP Paribas will be in focus after the U.S. Justice Department's report...
