Currency markets are relatively quiet on Wednesday with the euro inching up on the U.S. dollar as investors mull disappointing eurozone data against bets the European Central Bank (ECB) will launch a large-scale asset purchase program. So far this week, investors have been starved for fundamental data to back their currency positions. Many have had to make do with last week's central bank rhetoric...
Jeremy Stretch, head of FX strategy at CIBC, says any form of quantitative easing by the ECB will not be the "magic bullet" to solve Europe's economic problems....
Jeremy Stretch, head of FX strategy at CIBC, discusses whether Warren Buffett's reputation is at risk after his involvement in Burger King's acquisition of Tim Hortons and the debate over the tax implications of the deal....
Use of the Chinese yuan in Germany and the U.K. has doubled over the last year, as London and Frankfurt fight to become trading hubs. ...
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar....
The euro turned higher Wednesday as traders reacted to headlines that the ECB is unlikely to take new action early next week. ...
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Crude continues to head south, even though geopolitical events keep a floor around the low $90s. ...
Kim Dotcom's Internet Mana party could prove to be a wildcard at New Zealand's general election next month. ...
(Kitco News) - Gold prices are trading near steady in the early going Wednesday but did hit a nearly four-month low overnight. The bears are still on the prowl in gold and silver. The technical postures for both markets have turned more bearish this week. Risk appetite in the world market place is also on the upswing early this week, and that’s another negative for safe-haven gold. June...
(Kitco News) - With the mining sector proving to be ruthless in the junior mining space as a lack of capital in the industry continues, junior miners turned their heads to new opportunities, including the lucrative medical marijuana industry....
(Kitco News) - Gold prices are at their lowest levels since early February on Wednesday, as follow-through selling from Tuesday’s break of technical chart support weighs on the market, analysts said....
(Kitco News) - Gold prices ended the U.S. day session lower Wednesday and hit a nearly four-month low. Continued technical selling pressure following sharp losses Tuesday was featured in the gold market. The technical postures for both markets have turned more bearish this week. Risk appetite in the world market place is also on the upswing this week, and that’s another negative for safe-haven...
Despite low volatility, the British Pound is positioned to offer both range traders and breakout traders opportunities over the coming days. ...
The Dow Jones-FXCM U.S. Dollar Index extended the advance from earlier this week, while Oil appears to have carves a triple top in May. ...
The 10-year US Treasury yield collapsed 2.8 percent this past session – the biggest drop since March 13 at 2.436 percent the lowest level since last June. ...
AUDNZD is testing the topside of a consolidation pattern that has held the trade since the start of 2014 trade. Here are the updated levels & invalidation points. ...
The Euro and the Swiss Franc are unlikely to find strength in upbeat Swiss GDP and German Unemployment data as monetary policy bets dominate. ...
Against the backdrop of an S&P 500 drive to record highs and a fear gauge anchored to seven-year lows, the greenback’s hold this past session on the back of a two-week advance speaks to a certain level of stability. ...
An outside reversal taking sterling below the weekly opening range low shifts our near-term bias back to the downside. Here are the updated levels & invalidation points. ...
(Kitco News) - Gold prices ended the U.S. day session sharply lower and scored a 3.5-month low Tuesday. The long holiday weekend in the U.S. saw potential geopolitical tensions de-escalate. Risk appetite has picked up in the world market place this week, as U.S. and some European stock indexes are at or near record or multi-year highs. Technical selling was also featured in gold Tuesday, as key...