All Posts Tagged With: "interest rates"
Questioning The Fed’s Rhetoric
More dollar strength… Retail Sales surprise… SARB raises rates! Gold on the slippery slope…
Precious Metals take it on the Chin Again - Interest Rate Uncertainty Driving Market
Gold declined from the far East into the first hour of the New York session on Thursday, bottoming at $857 before rallying after the noon hour to finish at $868.40/oz., down $11.70. Overnight, gold has fallen off further.
Interest Rates Will Go Up, Not Down
I was delayed on my way in this morning. By the Luftwaffe. Yes, an unexploded bomb in east London played havoc with the District Line.
But Dollar, Meanwhile, Hits the Skids - Hawkish ECB Comments Cited
In the currency market, the dollar tanked against the euro. Late Thursday, the euro was trading at $1.5568 vs. $1.5435 on Wednesday.
Jobs Jamboree Friday!
Trichet talks tough! Kohn sends warnings… The currencies bounce back! Will the BLS create ghost jobs?
ECB Soundbite Sends Crude Oil Prices Soaring
The European Central Bank has hinted that it may toughen its stance against inflation with higher interest rates from next month, reversing recent US dollar gains and causing a $5 jump in the price of oil, reports Bloomberg.
“Europe’s central banks have clearly made inflation their priority, a stark contrast to the U.S. Federal Reserve’s aggressive rate-cutting campaign.” says Jennifer Yousfi in Money Morning.
Why the Bank of England Can’t Save Britain from Recession
Uh-oh. We must really be in trouble. The Organisation for Economic Co-operation and Development (OECD) has singled out Britain’s economy for especially gloomy treatment in its latest six-monthly take on the world economy.
Toll Brothers Banks Lower Loss, CEO Gives Congress Some Market Recovery Advice
A surprise to few, luxury homebuilder Toll Brothers Inc. (TOL) posted its second consecutive quarterly net loss today (Tuesday), though the results were better than Wall Street expected.
These Energy Stocks Are Paying Double-Digit Dividends
Last week I tried to open a savings account for my son. The credit union offered me a 1% interest rate… If I had given my money to the credit union, I would have guaranteed my son a 5% annual loss.
Demand for Credit is Growing Less Fast
Tanned, rested, and ready from a week of hiking in the Rocky Mountains, your editor is happy to report that good Mexican food is still cheap in America and prices are still rising in Australia. But did we miss something while we were away?
Latest News
- Base Metals Savaged1:58pm CDT
- Crude Still Slipping1:55pm CDT
- Dollar Flat Amid Dreadful Data1:52pm CDT
- Gold Edges Up, but Silver Hammered Again1:47pm CDT
- Brazilian Oil Takes Another Step Closer to Nationalization3:32pm CDT
- Resource Stock Roundup Friday, September 5th, 200812:01pm CDT
- Base Metals Treading Water11:53am CDT
- Crude Slips Further, $106 Seen as Support Level11:50am CDT
- Dollar Continues to Squash Euro11:47am CDT
- No Relief in Sight for Gold and Silver11:43am CDT
- Global Investing Roundups Friday, September 5th, 20089:39am CDT
- Weak Labor Market and Slowing Retail Sales Put U.S. Stocks in a Tailspin9:18am CDT
- Protest at Tata Plant Evidence of Indian Identity Crisis9:04am CDT
- Tap Into Korea’s Profit Potential with MSCI Korea Fund (EWY)8:02am CDT
- Follow PIMCO into Fannie and Freddie Bonds6:05am CDT
- Why You Should Buy Puts on the Weakest S&P 100 Players Now5:37am CDT
- Dollar Rally Means Mining Stocks On Sale5:11am CDT
- And Then There’s This… Thursday, September 4th, 200811:31am CDT
- Resource Stock Roundup Thursday, September 4th, 200811:26am CDT
