Soros warns that Gold is now ‘the ultimate bubble’
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US Durable goods orders 0.3% vs. 2.1%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
US unemployment claims 470k vs. 451k
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Obama’s State of Union lifts global indices while dollar softens
A myriad of reasons has been supporting the dollar. Firstly, the dissent from Kansas City Fed Presid...
Dr. Doom Goes to Davos
The annual meeting of economists, industry leaders, and politicians got under way in Davos, Switzerl...
Fed Holds Line on Rates, Stop MBS Purchase Plan
The Federal Reserve kept interest rates near zero and restated its intention to cease buying mortgag...
US New Home Sales Fall 7.6%
Sales of new homes fell by 7.6 percent in December – a somewhat unexpected result in a year th...
FSA chairman calls for direct controls on the supply of credit
Britain’s top financial regulator, Lord Adair Turner, said today there was a need for direct c...
Greece may be turning to China for help
The Financial Times and the Wall Street Journal reported that Greece was turning to China to buy up ...
Obama’s Address to Highlight Job Creation
President Barack Obama will address Congress tonight in the annual State of the Union speech that in...
Euro Falls to 6-Month Low
The euro fell to a six-month low versus the dollar as traders moved to the perceived safety of the d...
Davos Forum Predicts “Jobless” Recovery
Experts at the World Economic Forum meeting this week in Davos, Switzerland feel that the global rec...
USD/CHF through 1.0500 and market will test EUR’s 55-week moving average of 1.3985
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Greece Denies Reports of Bond Deal with China
Greece on Wednesday denied press reports it had mandated Goldman Sachs to sell bonds to China, but i...
Geithner, NY Fed defend actions on AIG payments
Geithner, in prepared testimony for a much-anticipated congressional hearing on Wednesday, said prot...
Portugal Budget Stress Pressures Euro
Portugal is providing a fresh drag on the euro after it confirmed investors’ fears ...
Euro Will Be Here Forever: ECB’s Weber
The European Central Bank will start phasing out the measures it took to boost liquidity at the heig...
China Sees Inflation Signs, but Remains Accommodative
China’s economy will grow in 2010 at a similar rate to the previous year, but it is...
Weber Says ECB May Take Further Exit Steps in First Half
European Central Bank council member Axel Weber said the bank may take further steps in the first ha...
Roubini Never More Pessimistic on Euro Area, Calls Spain a Risk
New York University Professor Nouriel Roubini said he’s never been more pessimistic...