Markets

Jul 31, 2015 at 14:09

Chicago Mayor Rahm Emanuel has his eyes on raising money via Capital Appreciation Bonds. CABs saddle taxpayers with higher costs because they delay interest and principle payments until a final…

Jul 31, 2015 at 14:05

After nearly three decades of stagnation, Japan in 2013 went all-in, ordering its central bank, the Bank of Japan, to buy pretty much every bond on the market with newly-created…

Jul 31, 2015 at 13:35

Gold has certainly had a rough summer, facing withering selling pressure from record futures shorting. The resulting new secular lows have greatly exacerbated the already-extreme bearish psychology long plaguing this…

Jul 31, 2015 at 07:54

We have been plotting the path of US corporate credit spreads against the pattern that set up the dislocations in 1998 (LTCM), 2007 (Bear Stearns) and in 2008 (the crash).…

Jul 31, 2015 at 07:14

Gold and silver remain close to their lows for the year, discouraged as usual by dollar resilience. Precious metals appear to be in limbo: speculative buyers are discouraged above all…

Jul 31, 2015 at 06:13

The IMF staff told the board of directors Greece Disqualified from New IMF Program. Yet, Germany insists IMF be a part of the program.

Jul 31, 2015 at 05:51

FX traders will want to remember that the bulk of a currency's change occur ahead of shifting policy cycles and not after.

Jul 31, 2015 at 05:47

Canada has given oil sands a dirty reputation, but a breakthrough, commercially viable technology has caught the eye of a former Exxon Mobil president who is putting it to use…

Jul 31, 2015 at 05:18

AUD/USD is still heading downward. Hourly resistance can be found at 0.7539 (03/07/2015 high) and stronger resistance is given at 0.7739 (01/07/2015 high). The pair is still on a declining…

Jul 30, 2015 at 18:15

These days no matter what the Federal Reserve actually says, the markets respond like dogs sensing a piece of bacon coming their way. This is so for several reasons ...