Markets

Mar 05, 2013 at 05:15

AUD/USD has made an intraday bullish reversal near the key support area between 1.0177 and 1.0149. A short-term rebound is likely. The hourly resistance at 1.0242 (01/03/2013 high) is challenged.…

Mar 04, 2013 at 20:11

Since the markets were quiet today (and likely will remain relatively quiet until the Employment report on Friday, if recent patterns hold true), I thought I'd take up a topic…

Mar 04, 2013 at 14:48

Yes, the real rate of interest matters to gold. But not as much as its direction. Wall Street and the City are coming to decide that gold is a sell.…

Mar 04, 2013 at 14:33

Bloomberg reports Swiss Voters Approve Limits on 'Fat Cat' Executive Pay: Swiss voters approved some of the world's toughest limits on executives' pay in a referendum, a move critics say…

Mar 04, 2013 at 11:18

Nobody ever said riding a (gold) bull market was easy. Unless you're prepared to buy, close your eyes, and come back years later, then I'm afraid we have to take…

Mar 04, 2013 at 10:02

Let’s begin with a definition. Investopedia.com defines the Law of Supply and Demand as follows: The effect that the availability of a particular product and the desire (or demand) for…

Mar 04, 2013 at 08:50

There was a major battle that took place in the United States in November of 2012, but it wasn't fought between the Republicans and the Democrats. The result was an…

Mar 04, 2013 at 07:22

Via Email, Michael Pettis author of "The Great Rebalancing" (see "Great Rebalancing" Book Review: Two Thumbs Up) dispels the myth that Spain and peripheral Europe are on a sustainable rebalancing…

Mar 04, 2013 at 07:20

The London Bullion Market is the global trading centre for physical gold, and the Bank of England holds gold on behalf of other central banks. There are a number of…

Mar 04, 2013 at 06:06

EUR/USD has remained weak since the break of its significant support at 1.3257 (16/01/2013 low, see also the rising trendline). Monitor the test of the key support at 1.2998 (04/01/2013…