S&P – European and Asian markets slumped in overnight trading, dragging down U.S. stock index futures before the bell. Recent data seems to confirm recent fears that the U.S. slowdown is spilling over to outside markets. Germany's Ifo Business Confidence... Read More...
Dollar Index – The U.S. Dollar continues to trade near all-time lows on weakness in financial stocks. The fallout from Freddie Mac and Fannie Mae continues to hang over the markets and the situation may worsen for both troubled lenders... Read More...
S&P – Index futures are higher in overnight trading, lifted by stronger-than-expected earnings from JP Morgan – 54 cents a share versus estimates of only 44 cents. Coupled with the surprising news from Wells Fargo, some traders believe that the... Read More...
Crude Oil – Oil fell sharply yesterday after comments by Fed Chairman Ben Bernanke indicating that risks to economic growth had increased. While this news is not exactly new, the amount of economic cheerleading being done by Bernanke, Treasury Secretary... Read More...
Gold – Precious metals prices continue to march forward due to uncertainty in equities and a new record low in the Dollar. Gold has had a perfect storm of bullish developments recently – equity prices continue to plummet, energy prices... Read More...
Crude Oil – Worker unrest in Brazil and continuing geopolitical tension have inspired Crude Oil futures to test all-time highs. Workers at Petroleo Brasileiro SA are seeking pay for the day they returned after a two-week shift at an offshore... Read More...
Bonds – The meltdown in global equity prices has sent traders scrambling to the relative safety of U.S. treasuries. Commodity prices have been much lower for the most part over the past week, due to worries about the growth prospects... Read More...
Crude Oil – Just as Israel tested its new interceptor missile, Iran went forward with its own long-range missile test – one capable of reaching Israel – further escalating tensions in its ongoing standoff with the West. This news sent... Read More...
Crude Oil – Oil prices are tumbling for the second consecutive session on speculation that Iran's talks with the West may have taken a turn for the better. While a compromise over the country’s nuclear program is not imminent, prices... Read More...
Gold – Gold prices are sharply lower for the second consecutive session on falling Crude Oil prices and gains in the Dollar Index. Iran's foreign minister stated that talks with the West over its nuclear program took a much more... Read More...
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