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News & Updates

January 13, 2015 Gold, Silver Up, Crude Oil And Nat Gas Down

Source: Live Trading News

Monday, US Gold prices posted a 4 wk. Safe-haven demand the feature on the day, that due to stock market volatility and worries about the EUs economic and financial health.

January 13, 2015 Dollar Resumes Rally Against Number of Currencies -- Update

NASDAQ - By midmorning, the îStoxxî Europe 600, having closed the previous session 1.3% lower, was 1% higher. Germany's DAX 30 and France's CAC 40 added 1.5% and 1.6% respectively. Even London'sFTSE 100 added 0.5%,...

January 12, 2015 More investors putting their money where their morals are

Source: Dallas Morning News

Many of the cunning speculators and investing rogues who populate Wall Street — money managers, mutual funds and investment bankers — would buy stock in a bomb factory next to a schoolyard if they thought it would be profitable

January 12, 2015 Ruble Drops on Oil as Russia Credit Risk Climbs After Fitch Cut

Source: BusinessWeek

The ruble weakened for a second day and the cost of insuring Russian debt against default increased after Fitch Ratings lowered the country’s credit score to one step above junk and crude oil slid below $50 a barrel.

January 12, 2015 European Stocks Gain With S&P 500 Futures While Oil Drops

Source: Bloomberg

European stocks rallied with Standard & Poor’s 500 Index futures after a two-week slide in benchmark gauges, while Treasuries declined. Oil extended losses and Norway’s krone weakened.

January 12, 2015 European Central Bank Policy Makers Remain Divided on Bond Purchases

Source: NY Times

Top officials of the European Central Bank offered dueling views over the weekend on how to deal with the risk of a downward price spiral in the eurozone, a sign that internal debate continues ahead of a crucial meeting next week.

January 12, 2015 U.S. gas prices hit lowest levels since April 2009 -Lundberg survey

Source: Reuters

The average price of a gallon of gasoline in the United States fell 27 cents in the past three weeks, falling to its lowest level since April 2009, according to the Lundberg survey released Sunday. Prices for regular grade...

January 12, 2015 Bloomberg: Russia cut to one step above junk by Fitch on oil, sanctions

Kyiv Post - Russia's credit rating was cut to the lowest investment grade by îFitch Ratingsî after plummeting oil prices and the conflict over Ukraine triggered the worst currency crisis since the country's 1998...

January 11, 2015 Japan's prime minister unleashes billions in stimulus to fight recession as economy falters

Canada - TOKYO - Japan's Cabinet on Saturday approved about 3.5 trillion yen ($29 billion) in fresh stimulus, including subsidies and job creation, to help pull the world's third-largest economy out of recession. The Cabinet...

January 11, 2015 Rebound in clean energy investment beats expectations

commodities-now.com - Authoritative annual data, published today by Bloomberg îNew Energy Financeî, show that global investment in clean energy was $310bn last year. This was up 16% from a revised $268.1bn in 2013,...

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