Dollar and Yen Weakness may Persist, Aussie Poised for Bounce

The British pound was the only major currency to have gained against the US dollar over the past month.  Its 2% gain helped it finish November at its highest level since August 2011. The dollar rose against the other majors, with its 4.1% rise aga… [...]

November 30th, 2013 | Category: Aussie, Australian Dollar, British Pound, Canadian Dollar, Carry Trade, Commitment of Traders, Commodity Futures Trading Commission, Gross Domestic Product, Hong Kong, New Zealand, Price Action, Swiss Franc, Technical Indicators, US Dollar Index, Yen | Comments are closed

Late-Day Dump Not Enough To Spoil S&P 500′s Best Run Since Jan 2004; Up 8 Weeks-In-A-Row

Despite a significant tumble into the close ($3.25bn notional sold in last 4 seconds of S&P futures); for the first time since January 2004, the S&P 500 has risen for eight straight weeks. Trannies are still leading off the debt-ceiling-debacle… [...]

November 29th, 2013 | Category: British Pound, Crude, NASDAQ | Comments are closed

"Is This The Right Time To Get Into Gold?"

Today’s AM fix was USD 1,245.25, EUR 915.29 and GBP 763.07 per ounce.Yesterday’s AM fix was USD 1,241.75, EUR 913.12 and GBP 760.46 per ounce. Yesterday the markets were closed in the U.S. for the Thanksgiving national holiday.The closing fix in L… [...]

November 29th, 2013 | Category: Australia, Bond, British Pound, China, Fail, India, Japan, Market Crash, None, Precious Metals, Price Action, Smart Money | Comments are closed

No Red Futures On Black Friday

A hungover America slowly wakes up from a day of society-mandated consumption and purchasing excess to engage in even more Fed-mandated excess in the equity markets. The only difference is that while the “90%” was engaged in the former and depleting th… [...]

November 29th, 2013 | Category: Barclays, Best Buy, Black Friday, Bond, British Pound, China, Copper, Core CPI, CPI, Crude, Equity Markets, Eurozone, Finland, France, Germany, Gross Domestic Product, Housing Bubble, Iran, Italy, Japan, JCPenney, Jim Reid, Liberal Democratic Party, Netherlands, Nikkei, Obama Administration, Obamacare, OPEC, Quantitative Easing, ratings, Reality, SIFMA, Unemployment, United Kingdom | Comments are closed

Venezuela Denies Goldman’s Gold Deal As Inflation Tops 54%

Today’s AM fix was USD 1,241.75, EUR 913.11 and GBP 760.45 per ounce. Yesterday’s AM fix was USD 1,250.75, EUR 923.88 and GBP 773.69 per ounce. Gold fell $4.10 or 0.33% yesterday, closing at $1,236.33/oz. Silver slid $0.17 or 0.86% closing at $19.6… [...]

November 28th, 2013 | Category: Bank of America, Bank of England, Bloomberg News, Brazil, British Pound, China, CPI, Crude, default, Goldman Sachs, Greece, Hong Kong, Hyperinflation, International Monetary Fund, PDVSA, Reuters, Stagflation, World Gold Council | Comments are closed

“Wave Of Disaster” Threatens U.S. Mortgage Market

Today’s AM fix was USD 1,250.75, EUR 919.80 and GBP 767.99 per ounce.Yesterday’s AM fix was USD 1,250.75, EUR 923.88 and GBP 773.69 per ounce. Gold fell $6.70 or 0.54% yesterday, closing at $1,242.10/oz. Silver slid $0.17 or 0.85% closing at $19.85… [...]

November 27th, 2013 | Category: Australia, Bank of America, British Pound, Case-Shiller, Consumer Credit, Federal Reserve, Home Equity, Hong Kong, Housing Bubble, International Monetary Fund, LIBOR, recovery, Reuters, Smart Money, United Kingdom, Wells Fargo | Comments are closed

“Wave Of Disaster” Threatens U.S. Mortgage Market

Today’s AM fix was USD 1,250.75, EUR 919.80 and GBP 767.99 per ounce.Yesterday’s AM fix was USD 1,250.75, EUR 923.88 and GBP 773.69 per ounce. Gold fell $6.70 or 0.54% yesterday, closing at $1,242.10/oz. Silver slid $0.17 or 0.85% closing at $19.85… [...]

November 27th, 2013 | Category: Australia, Bank of America, British Pound, Case-Shiller, Consumer Credit, Federal Reserve, Home Equity, Hong Kong, Housing Bubble, International Monetary Fund, LIBOR, recovery, Reuters, Smart Money, United Kingdom, Wells Fargo | Comments are closed

Yen Carry Lifts Risk Around The Globe In Quiet Overnight Trade

In a carry-trade driven world in which news and fundamentals no longer matter, the only relevant “variable” is whether the JPY is down (check) and the EUR is up (check) which always results in green equities around the globe and green futures in the US… [...]

November 27th, 2013 | Category: Barclays, Bloomberg News, Bond, British Pound, Case-Shiller, Chicago PMI, China, Consumer Confidence, Consumer Sentiment, Copper, Councils, Counterparties, CPI, Credit Suisse, Crude, Crude Oil, Equity Markets, European Central Bank, FINRA, Germany, Goldman Sachs, Gross Domestic Product, Hong Kong, Initial Jobless Claims, International Monetary Fund, Iran, Japan, Jim Reid, LTRO, Michigan, Middle East, Morgan Stanley, Natural Gas, NYMEX, Obama Administration, Obamacare, Primary Market, RANSquawk, Richmond Fed, SocGen, United Kingdom, White House, Yen | Comments are closed

China Gold Rush Continues – World’s Largest Jeweller Sees 49% Jump In Sales

Today’s AM fix was USD 1,250.75, EUR 923.88 and GBP 773.69 per ounce.Yesterday’s AM fix was USD 1,231.75, EUR 911.60 and GBP 760.57 per ounce. Download: How To Store Gold Bullion – The Seven Key Must Haves Gold rose $5.60 or 0.45% yesterday, c… [...]

November 26th, 2013 | Category: British Pound, China, Commodity Futures Trading Commission, headlines, Housing Starts, Iran | Comments are closed

"We’ve Been Conditioned Over The Years To Trust Paper Money"

Today’s AM fix was USD 1,231.75, EUR 911.60 and GBP 760.57 per ounce.Friday’s AM fix was USD 1,241.75, EUR 918.59 and GBP 766.75 per ounce Download our eBook: 10 Important Points To Consider Before You Buy Gold Gold remained unchanged Friday, closi… [...]

November 25th, 2013 | Category: British Pound, China, Commodity Futures Trading Commission, Federal Reserve, France, Germany, Investment Grade, Iran, Israel, John Paulson, Middle East, Saudi Arabia, Twitter, United Kingdom | Comments are closed
 
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