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MW: Oil marks third straight loss as Iran deal deadline nears By Myra P. Saefong and Eric Yep |
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27 Jun 18:37 |
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Oil futures marked a third straight session loss Friday, with traders concerned that a potential deal with Iran could add to a global glut of crude supplies... |
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MW: Oil marks third straight loss as Iran deal deadline nears By Myra P. Saefong and Eric Yep |
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27 Jun 18:37 |
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Oil futures marked a third straight session loss Friday, with traders concerned that a potential deal with Iran could add to a global glut of crude supplies... |
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MW: Oil marks third straight loss as Iran deal deadline nears By Myra P. Saefong and Eric Yep |
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27 Jun 18:35 |
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Oil futures marked a third straight session loss Friday, with traders concerned that a potential deal with Iran could add to a global glut of crude supplies... |
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MW: Oil futures end the week below $60 a barrel |
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27 Jun 18:33 |
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Oil futures saw a slight loss on Friday, ahead of a potential deal between Iran and the West that could lift sanctions on Iran and result in the addition of more oil to the global market... |
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MW: Gold settles higher, still suffers a loss for the week |
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27 Jun 18:31 |
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Gold futures settled higher on Friday to end a five-session streak of losses as growing concerns that Greece’s debt woes will drag on, even if an agreement on bailout funding is reached next week, helped buoy the metal’s investment appeal... |
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MW: Opinion: Why Jim Rogers is buying what everyone else is selling |
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27 Jun 18:28 |
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Jim Rogers, cofounder with George Soros of the Quantum Fund and author of the best-selling “Investment Biker,” which chronicled his investing-focused trek around the world by motorcycle, recently shared his views on global markets in a wide-ranging interview... |
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MW: Opinion: Why Jim Rogers is buying what everyone else is selling |
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27 Jun 18:26 |
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Jim Rogers, cofounder with George Soros of the Quantum Fund and author of the best-selling “Investment Biker,” which chronicled his investing-focused trek around the world by motorcycle, recently shared his views on global markets in a wide-ranging interview... |
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MW: U.S. stocks end week with losses amid Greece uncertainty |
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27 Jun 18:22 |
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U... |
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MW: Gold settles higher, still suffers a loss for the week |
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27 Jun 18:12 |
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Gold futures settled higher on Friday to end a five-session streak of losses as growing concerns that Greece’s debt woes will drag on, even if an agreement on bailout funding is reached next week, helped buoy the metal’s investment appeal... |
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MW: Gold settles higher, still suffers a loss for the week |
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27 Jun 18:10 |
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... |
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TOR: St.George Bank Predicts Sluggish Australian Growth; GBP/AUD, EUR/AUD And NZD/AUD Exchange Rates Advance |
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27 Jun 18:09 |
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Pound Sterling to Australian Dollar (GBP/AUD) Exchange Rate Forecast to Advance on HSBC Growth Forecasts
The Pound Sterling to Australian Dollar (GBP/AUD) exchange rate rallied by around 1... |
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FX: Precious Metals Weekly Fundamental Analysis – June 29 – July 3, 2015 – Forecast – Gold, Silver & Platinum |
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27 Jun 18:06 |
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Gold added $3 on Friday as traders bought up the cheap commodity and looked for a bit of safety as the Eurozone-Greece deal fell apart... |
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PI: A week in gold: Bulls stil find reasons to be optimsitic |
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27 Jun 18:01 |
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Gold continued to drift lower despite the problems in Greece and seeming reluctance by the US Fed to raise interest rates... |
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MN: Oil prices rise awaiting Greece, Iran outcomes |
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27 Jun 17:59 |
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(MENAFN - AFP) Oil prices rose over the week despite the crude market facing pressure from high supplies, as traders awaited deals over Greece\'s bailout and Iran\'s nuclear programme... |
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FX: Gold Prices June 29, 2015, Technical Analysis |
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27 Jun 17:54 |
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The gold markets as you can see went back and forth during the course of the session on Friday, showing the 1170 level to continue to be support... |
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BRRON'S: Gold Miners’ Strike No Cure for Price Woes |
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27 Jun 17:52 |
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Languishing gold prices could get some help as miners in South Africa enter wage negotiations with the industry’s labor unions... |
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http://www.scoop.co.nz/stories/WO1506/S00264/new-must-read-report-and-must-see-charts-on-gold.htm |
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27 Jun 17:51 |
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... |
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SW: New Must Read Report and Must See Charts on Gold |
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27 Jun 17:51 |
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New Must Read Report and Must See Charts on Gold
- “Gold remains in secular bull market”
- System is addicted to unsustainable debt
- Persistent deflationary forces threaten system
- Monetary authorities to take increasingly risky measures to engender inflation
- Debt based monetary system is crux of problem
- “All available means” deployed to prevent global government bond bubble from bursting
- Aversion to owning any gold whatsoever displays “ignorance of monetary history”
- Gold’s qualities as store of value and medium of exchange to be “rediscovered”
- “Gold price target of USD 2,300” in three years
The bull market in gold remains intact and may soon reassert itself according to asset managersIncremental in their must read yearly “In Gold We Trust” report... |
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SW: New Must Read Report and Must See Charts on Gold |
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27 Jun 17:48 |
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New Must Read Report and Must See Charts on Gold
- “Gold remains in secular bull market”
- System is addicted to unsustainable debt
- Persistent deflationary forces threaten system
- Monetary authorities to take increasingly risky measures to engender inflation
- Debt based monetary system is crux of problem
- “All available means” deployed to prevent global government bond bubble from bursting
- Aversion to owning any gold whatsoever displays “ignorance of monetary history”
- Gold’s qualities as store of value and medium of exchange to be “rediscovered”
- “Gold price target of USD 2,300” in three years
The bull market in gold remains intact and may soon reassert itself according to asset managersIncremental in their must read yearly “In Gold We Trust” report... |
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SW New Must Read Report and Must See Charts on Gold |
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27 Jun 17:45 |
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... |
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IF: The Weekly Gold Digger! |
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27 Jun 17:43 |
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The Gold market has traded lower this week in light of the projections of a Fed rate hike on the horizon... |
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BR:Gold eases in New York |
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27 Jun 17:40 |
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Gold eased for the fifth straight session on Thursday as traders awaited further news on Greece\'s negotiations with its creditors, while caution over the metal\'s longer-term outlook weighed on interest... |
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MI:Nervous Chinese investors dive back into gold |
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27 Jun 17:40 |
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The gold price on Friday lifted slightly off three-week lows struck yesterday trading around $1,173 an ounce in quiet and directionless trade... |
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MI:Nervous Chinese investors dive back into gold |
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27 Jun 17:39 |
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he gold price on Friday lifted slightly off three-week lows struck yesterday trading around $1,173 an ounce in quiet and directionless trade... |
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MI:Nervous Chinese investors dive back into gold |
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27 Jun 17:34 |
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he gold price on Friday lifted slightly off three-week lows struck yesterday trading around $1,173 an ounce in quiet and directionless trade... |
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NBD: Bored Traders Send Volatility To 6-Month Lown |
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27 Jun 17:32 |
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Gold\'s lackluster year is continuing to drive away investors and send the metal\'s volatility even lower... |
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NBD: Bored Traders Send Volatility To 6-Month Lown |
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27 Jun 17:32 |
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Gold\'s lackluster year is continuing to drive away investors and send the metal\'s volatility even lower... |
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Bored Traders Send Volatility To 6-Month Low BY BLOOMBERG NEWS Read More At Investor's Business Daily: http://news.investors.com/investing-futures/062615-759263-bored-traders-send-volatility-to-6-month-low.htm#ixzz3eGNWhxmg Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on FacebookBored Traders Send Volatility To 6-Month Low BY BLOOMBERG NEWS Read More At Investor's Business Daily: http://news.investors.com/investing-futures/062615-759263-bored-traders-send-volatility-to-6-month-low.htm#ixzz3eGNWhxmg Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on FacebookBored Traders Send Volatility To 6-Month Low BY BLOOMBERG NEWS Read More At Investor's Business Daily: http://news.investors.com/investing-futures/062615-759263-bored-traders-send-volatility-to-6-month-low.htm#ixzz3eGNWhxmg Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on FacebookBored Traders Send Volatility To 6-Month Low BY BLOOMBERG NEWS Read More At Investor's Business Daily: http://news.investors.com/investing-futures/062615-759263-bored-traders-send-volatility-to-6-month-low.htm#ixzz3eGNWhxmg Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on FacebookBored Traders Send Volatility To 6-Month Low BY BLOOMBERG NEWS Read More At Investor's Business Daily: http://news.investors.com/investing-futures/062615-759263-bored-traders-send-volatility-to-6-month-low.htm#ixzz3eGNWhxmg Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on FacebookBored Traders Send Volatility To 6-Month Low BY BLOOMBERG NEWS Read More At Investor's Business Daily: http://news.investors.com/investing-futures/062615-759263-bored-traders-send-volatility-to-6-month-low.htm#ixzz3eGNWhxmg Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on FacebookBored Traders Send Volatility To 6-Month Low BY BLOOMBERG NEWS Read More At Investor's Business Daily: http://news.investors.com/investing-futures/062615-759263-bored-traders-send-volatility-to-6-month-low.htm#ixzz3eGNWhxmg Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on FacebookBored Traders Send Volatility To 6-Month Low BY BLOOMBERG NEWS Read More At Investor's Business Daily: http://news.investors.com/investing-futures/062615-759263-bored-traders-send-volatility-to-6-month-low.htm#ixzz3eGNWhxmg Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on FacebookBored Traders Send Volatility To 6-Month Low BY BLOOMBERG NEWS Read More At Investor's Business Daily: http://news.investors.com/investing-futures/062615-759263-bored-traders-send-volatility-to-6-month-low.htm#ixzz3eGNWhxmg Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on FacebookBored Traders Send Volatility To 6-Month Low BY BLOOMBERG NEWS Read More At Investor's Business Daily: http://news.investors.com/investing-futures/062615-759263-bored-traders-send-volatility-to-6-month-low.htm#ixzz3eGNWhxmg Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on FacebookBored Traders Send Volatility To 6-Month Low BY BLOOMBERG NEWS Read More At Investor's Business Daily: http://news.investors.com/investing-futures/062615-759263-bored-traders-send-volatility-to-6-month-low.htm#ixzz3eGNWhxmg Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook |
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27 Jun 17:25 |
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... |
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MO: USD Daily, Weekly, Monthly & Conclusions |
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26 Jun 22:26 |
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USD has been in correction since the hysterical March top... |
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INVESTING: Greece And Short Positions |
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26 Jun 22:20 |
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Hedge funds and high-frequency traders have finally forced gold into a US dollar loss this year as shown in our introductory chart, but silver is still in positive territory... |
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FXST: NZD/USD recovery short lived, back to lows |
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26 Jun 22:18 |
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FXStreet (CĂłrdoba) - >NZD/USD resumed the downside and in few hours erased two days of gains, falling toward multi-year lows... |
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af.reuters: S.Africa's rand slumps 1 pct as weak economy and Greece weigh |
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26 Jun 22:17 |
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JOHANNESBURG, June 26 (Reuters) - The rand fell more than 1 percent against the dollar on Friday as worries about the global impact of a possible Greek debt default added to investors\' concerns about the weak outlook for Africa\'s most advanced economy... |
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GS: Extreme Gold/Silver Shorting |
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26 Jun 22:15 |
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Gold and silver are languishing near major lows, trudging through the barren sentiment wasteland of the summer doldrums... |
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BLB: Gold Volatility Slides to Lowest Since November as Demand Wanes |
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26 Jun 22:13 |
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Gold’s lackluster year is continuing to drive away investors and send the metal’s volatility even lower... |
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FXS: USD/JPY rises to test 124.00 |
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26 Jun 22:07 |
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FXStreet (CĂłrdoba) - The US dollar strengthened across the board and pushed USD/JPY toward 124... |
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MV: A Strong US Jobs Report Confuses the Interest Rate Picture |
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26 Jun 22:06 |
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The US jobs report released on Friday was strong across the board and certainly took us by surprise... |
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RTRS: UPDATE 7-Oil markets soft as markets eye Greece, Iran uncertainty |
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26 Jun 22:05 |
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* EU official gives 50 pct chance for Greek deal
* Key differences remain between West and Iran on nuclear deal
* Coming Up: Weekly reading on U... |
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CNBC: Stocks mostly higher as Street eyes Greece; Nike jumps 4% |
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26 Jun 22:04 |
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U... |
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MW: Oil prices around $60 as demand balances glut |
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26 Jun 22:01 |
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LONDON – Crude oil prices steadied on Thursday as strong demand for oil products helped to balance a global overhang of crude oil for immediate delivery... |
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MW: Gold futures headed for sixth straight drop |
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26 Jun 22:00 |
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Gold futures were on track to post a sixth straight decline Friday as several reports of a possible bailout extension for Greece dulled investment demand for the precious metal... |
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MW: The economic slowdown is over, consumers say |
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26 Jun 22:00 |
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Consumer sentiment climbed to a five-month high in June, a sign that shoppers may be ready to ramp up spending, according to data released Friday... |
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MW: Oil set for third straight loss as Iran deal deadline nears |
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26 Jun 21:57 |
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Oil futures headed for a third straight session loss on Friday, set for a weekly decline with traders concerned that a potential deal with Iran could add to oil’s oversupply glut... |
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OV: Despite expectations, could the US put more crude into reserves? |
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26 Jun 21:57 |
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The ongoing US oil boom has compelled some lawmakers and analysts to question the need to keep so much crude stockpiled and sparked speculation that a government sale of tens of millions of barrels could be imminent... |
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CNBC:Dow briefly adds 100 points as Nike jumps 4%; Street eyes Greece |
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26 Jun 21:27 |
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U... |
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oilvoice:Despite expectations, could the US put more crude into reserves? |
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26 Jun 21:25 |
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The ongoing US oil boom has compelled some lawmakers and analysts to question the need to keep so much crude stockpiled and sparked speculation that a government sale of tens of millions of barrels could be imminent... |
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NASDAQ:Oil Prices Fall on Oversupply Worries |
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26 Jun 21:23 |
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Oil prices fell on Friday on concerns about oversupply as investors kept an eye on Greek bailout talks and the looming deadline for Iran\'s nuclear deal... |
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WSJ:U.S. Stocks Rise |
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26 Jun 21:19 |
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Eurozone finance ministers to meet Saturday in effort to seal Greece bailout deal
By SAUMYA VAISHAMPAYAN and AUSTEN HUFFORD
Updated June 26, 2015 10:08 a... |
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BV:Gold Dips to $1170 Despite China Stock Plunge, Euro Prices 'Stuck to €1050' as Greece's Latest 'False Deadline' Looms |
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26 Jun 21:16 |
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Friday, 6/26/2015 16:06
GOLD PRICES fell near 3-week Dollar lows Friday as the US currency rose following the strongest reading of consumer sentiment in 11 years on the Reuters/Michigan survey... |
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MW:Gold inches up after 4-day sell-off amid Greek impasse |
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26 Jun 21:09 |
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MUMBAI: Gold prices gained modestly in a listless trade, halting a four-day skid at the bullion market here on the back of some low level buying support even as deepening Greek debt crisis sidelined investors and traders... |
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FXST: Bulls go hunting for undervalued gold and resilient pound |
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26 Jun 21:06 |
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Moving closer to the summer holidays and rising temperatures, one should pay closer attention to market developments and hidden, hot investment opportunities... |
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TBD: Gold price hits 3-wk low, Greece edges closer to deal |
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26 Jun 20:59 |
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The gold price dropped to a three-week low and European equity markets ticked higher on Friday afternoon on reports that Greece is edging closer to a bailout deal... |
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FXST: Gold falls into losses on Greece-led risk-on sentiment |
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26 Jun 20:56 |
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FXStreet (Mumbai) - Gold prices erased gains to trade lower on the day at USD 1169... |
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MW: Treasury yields rise as Greek negotiations linger |
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26 Jun 20:46 |
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Treasury yields rose on Friday as traders continued to watch lingering negotiations between Greece and its creditors that failed to produce a deal... |
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MW: Opinion: Greece is only the beginning of Europe’s dangerous problems |
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26 Jun 20:44 |
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Dark clouds are lowering over Europe’s economic future, as three distinct tempests gather: the Greek crisis, Russia’s incursion in Ukraine, and the rise of populist political parties... |
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MW: UMich sentiment reaches five-month high in June, reports say |
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26 Jun 20:42 |
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Consumer sentiment rose to a final June reading of 96... |
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SMM: June 25th, 2015: Scrap Gold and Silver prices drop, Platinum surges on Index |
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26 Jun 18:30 |
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Jun 26, 2015 11:32 GMT Source:Scrap Monster
Tags: scrap gold, silver, platinum, north american, price index, non hall marked, live price
By Paul Ploumis 26 Jun 2015 Last updated at 07:09:31 GMT
ALBANY (Scrap Monster): The daily scrap gold and silver prices - hallmarked and non- hallmarked declined Thursday, 25th June on the ScrapMonster Price Index... |
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WSJ: Gold Rises on Softer Dollar, Palladium Hits Fresh Two-Year Low |
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26 Jun 18:26 |
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LONDON--Gold prices were slightly higher on the London spot market Friday as the dollar softened against a range of currencies and Greek bailout talks were put off until the weekend... |
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EC: Investors add most gold to funds in 5 months amid Greek impasse |
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26 Jun 18:23 |
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[LONDON] Investors bought the most gold through physically-backed funds in almost five months as Greece and its creditors headed for last-ditch talks... |
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NDTV: Gold Steadies After 4-Day Drop, Greece Eyed |
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25 Jun 21:09 |
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London: Gold steadied on Thursday after four days of losses as traders took to the sidelines to await further news on Greece\'s negotiations with its creditors, with caution over the metal\'s longer-term outlook weighing on interest... |
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NDTV: Gold Steadies After 4-Day Drop, Greece Eyed |
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25 Jun 21:07 |
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London: Gold steadied on Thursday after four days of losses as traders took to the sidelines to await further news on Greece\'s negotiations with its creditors, with caution over the metal\'s longer-term outlook weighing on interest... |
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PI:Gold unsettled by Greece uncertainty |
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25 Jun 21:03 |
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Credit Suisse’s technical team said gold remains in a medium-term bear trend... |
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GS: Managing trade deficitsv |
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25 Jun 20:54 |
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Currency devaluation is seen by nearly every macro-economist to be the cure for trade deficits... |
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BV: China's Gold Market Targets 'Speedy Growth', Cross-Listing with Comex, LBMA Forum Told |
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25 Jun 20:36 |
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Thursday, 6/25/2015 15:08
GOLD MARKET prices in wholesale London trade slipped near yesterday\'s 2-week lows on Thursday, edging down after a quiet session in China despite fresh wrangling in Europe over Greece\'s worsening debt crisis... |
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MC: Gold struggles to snap losing streak as Greece lingers |
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25 Jun 20:32 |
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Gold futures showed little change early Thursday, as traders tracked discussions about a debt deal for Greece that appeared to grow increasingly unlikely during the day... |
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MW: Natural gas pares gains as U.S. supplies climb 75 billion cubic feet |
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25 Jun 20:28 |
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Natural-gas futures on Thursday pared gains after the U... |
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MC: Treasury yields inch higher on strong data, as Greece looms |
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25 Jun 20:26 |
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Treasury yields edged higher Thursday as some risk appetite, fueled by stronger-than-expected U... |
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MW: Fed's Tarullo: 'Something different' about bond market but not clear just what |
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25 Jun 20:25 |
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WASHINGTON (MarketWatch) - Concern about market depth and anecdotal reports of difficulty in moving large positions make it clear that there is \"something different\" about the bond market, but there is not yet a \"precise and convincing explanation of exactly what has happened,\" said Federal Reserve Governor Daniel Tarullo, on Thursday... |
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MW: Fed's Tarullo: 'Something different' about bond market but not clear just what |
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25 Jun 20:20 |
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WASHINGTON (MarketWatch) - Concern about market depth and anecdotal reports of difficulty in moving large positions make it clear that there is \"something different\" about the bond market, but there is not yet a \"precise and convincing explanation of exactly what has happened,\" said Federal Reserve Governor Daniel Tarullo, on Thursday... |
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MW:Jobless claims rise slightly but still point to low layoffs |
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25 Jun 20:10 |
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WASHINGTON (MarketWatch) — The U... |
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Jobless Claims Hold Below 300,000 for 16th Week Read more |
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25 Jun 20:05 |
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Filings for U... |
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Jobless Claims Hold Below 300,000 for 16th Week Read more at: http://www.ttnews.com/articles/basetemplate.aspx?storyid=38662&t=Jobless-Claims-Hold-Below-300000-for-16th-Week © Transport Topics, American Trucking Associations Inc. Reproduction, redistribution, display or rebroadcast by any means without written permission is prohibited. |
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25 Jun 20:04 |
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... |
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FTT: US consumers are back: spending more, saving less |
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25 Jun 20:01 |
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The news on US consumers is good, at least for those who want them spending rather than saving... |
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BR: Copper slips on Greece uncertainty, dim demand outlook |
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25 Jun 20:00 |
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LONDON: Copper prices slipped on Thursday in volatile trade, hit by a looming slowdown in summer demand and as concerns over a potential Greek debt default dimmed prospects for the euro zone economy and related metals demand... |
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Copper slips on Greece uncertainty, dim demand outlook |
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25 Jun 19:57 |
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LONDON: Copper prices slipped on Thursday in volatile trade, hit by a looming slowdown in summer demand and as concerns over a potential Greek debt default dimmed prospects for the euro zone economy and related metals demand... |
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NDTV : Wall Street Opens Higher as Data Suggests Recovery |
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25 Jun 19:56 |
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US stocks opened higher on Thursday as data on rising consumer spending and tightening labour market pointed to a recovery in the economy... |
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NDTV : Wall Street Opens Higher as Data Suggests Recovery |
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25 Jun 19:52 |
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US stocks opened higher on Thursday as data on rising consumer spending and tightening labour market pointed to a recovery in the economy... |
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NASDAQ: U.S. Government Bonds Pull Back on Consumer Spending Data |
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25 Jun 19:47 |
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U... |
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REUTERS: US STOCKS-US stocks set to open higher on consumer spending data |
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25 Jun 19:44 |
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June 25 (Reuters) - Wall Street was set to open higher on Thursday as data showed that the U... |
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BR: Swiss franc falls on SNB warning shot; euro treads water |
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25 Jun 19:42 |
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LONDON: The Swiss franc fell to a 10-day low against a broadly flat euro on Thursday, after the head of the Swiss National Bank said it was \"considerably over-valued\" and that the SNB would continue to intervene in currency markets... |
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TODAY: Robust U.S. consumer spending buoys economic growth outlook |
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25 Jun 19:37 |
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WASHINGTON - U... |
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DT: US inflation steady in May |
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25 Jun 19:35 |
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US inflation remained well below the Federal Reserve\'s 2 per cent annual target in May... |
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RTTN: Canadian Dollar Off Early Lows Against Most Majors |
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25 Jun 19:29 |
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The Canadian dollar trimmed its early losses against most major currencies in New York morning deals on Thursday... |
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REUTERS: FOREX-Swiss franc falls on SNB warning shot; euro treads water |
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25 Jun 19:23 |
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By Jemima Kelly
LONDON, June 25 (Reuters) - The Swiss franc fell to a 10-day low against a broadly flat euro on Thursday, after the head of the Swiss National Bank said it was \"considerably over-valued\" and that the SNB would continue to intervene in currency markets... |
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MC:Dollar index edges higher with Greece talks, U.S. data in focus |
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25 Jun 19:16 |
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Investing... |
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TCEB: Brazil May Unemployment Higher Than Expected as Recession Looms by David Biller June 25, 2015 — 5:46 PM IST Share on FacebookShare on Twitter Don't Miss Out — Follow Bloomberg On Facebook Twitter Instagram YouTube Share on Facebook Share on Twitter Brazil’s unemployment rate rose in May more than analysts forecast as higher rates and tighter fiscal policy stifle activity in Latin America’s biggest economy. The jobless rate increased to 6.7 percent from 6.4 percent a month earlier, the national statistics institute said Thursday. That was higher than the 6.6 percent median estimate from 34 economists surveyed by Bloomberg and the highest in nearly five years. Unemployment has spiked as the economy contracts with the government tightening policy. That makes it a politically inconvenient moment for President Dilma Rousseff’s government to have restricted access to unemployment insurance as part of its fiscal adjustment. Above-target inflation is eating into real wages and further depressing sentiment, as Rousseff’s approval rating plumbs new lows. Swap rates on the contract due in January 2017 rose six basis points, or 0.06 percentage point, to 14.00 percent at 9:09 a.m. local time. The real weakened 0.1 percent to 3.1005 per U.S. dollar. Following passage by Congress, Rousseff this month signed into law a measure to reduce unemployment benefits. The bill is one of four measures forming part of Finance Minister Joaquim Levy’s austerity package. Three have passed thus far, and the lower house approved the basic text of a bill to boost corporate taxes early Thursday morning. Unwinding Benefits Unwinding corporate tax benefits may affect unemployment, Senate President Renan Calheiros told reporters Tuesday before meeting Planning Minister Nelson Barbosa in Brasilia. As Levy tightens fiscal policy, the central bank’s directors have raised the benchmark interest rate at six straight meetings to 13.75 percent to rein in price increases. Inflation in the 12 months through mid-June accelerated to an 11-year high of 8.8 percent, above the ceiling of the central bank’s 2.5 percent to 6.5 percent target range. Faster inflation helped provoke a 5 percent fall in real wages in May from the same month last year. That, along with higher borrowing costs, has kept consumer confidence hovering near a record low. Analysts surveyed by the central bank forecast economic contraction of 1.45 percent this year. A Datafolha poll published June 21 showed Rousseff’s approval rating fell to 10 percent, the lowest of any Brazilian leader since 1992. The poll of 2,840 people was conducted June 17-18, and has a margin of error of plus or minus two percentage points. |
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25 Jun 19:13 |
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razil’s unemployment rate rose in May more than analysts forecast as higher rates and tighter fiscal policy stifle activity in Latin America’s biggest economy... |
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WSJ: U.S. Consumer Spending Soars in May |
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25 Jun 19:05 |
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WASHINGTON—Americans boosted spending in May at the fastest rate in almost six years, the latest sign the economy is rebounding from a winter contraction... |
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FR: Gold trading in holding pattern |
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25 Jun 19:02 |
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by Gayle Bryant
Gold is the go-to haven that investors and traders turn to when they\'re unsure about the performance of other assets... |
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BS: NCDEX gearing up to challenge rivals |
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25 Jun 18:56 |
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With government and regulators supporting agri commodities derivatives, the leading player in the segment, National Commodities and Derivatives Exchange (NCDEX) is gearing up to grab the opportunity... |
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FN:WSJ: India's Demand for Gold Compensates for Lack of Chinese Demand |
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25 Jun 18:43 |
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While China\'s thirst for gold has slackened this year, as the nation\'s investors are more interested in its soaring stock market, strong demand from India has risen, helping to buoy the precious metal... |
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BD: India gold still in heavy discount but better rainfall offers boost |
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25 Jun 18:38 |
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Heavy discounts remain in place on gold across India, sources told FastMarkets, but better-than-expected monsoon rains are lifting sentiment... |
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SWI: Shanghai Gold Exchange Says in Talks With CME Group on Contracts |
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25 Jun 18:35 |
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JUN 25, 2015 - 12:07
(Bloomberg) -- The Shanghai Gold Exchange is in discussions with the CME Group Inc... |
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MO: Ron Paul Warns “They Can’t Print Money Forever” |
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25 Jun 18:32 |
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Former U... |
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CP: Markets retreat as Greek debt talks stall |
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25 Jun 18:29 |
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US stocks fell on Wednesday as Greek debt negotiations stumbled... |
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BC: Barchart Morning Call |
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25 Jun 18:22 |
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September E-mini S&Ps (ESU15 +0... |
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MO: In Gold We Trust 2015: Gold Remains In A Secular Bull Market |
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25 Jun 18:11 |
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The ninth edition of In Gold We Trust is out... |
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RTTN: Canadian Dollar Slides On Weak Oil Prices |
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24 Jun 21:08 |
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The Canadian dollar declined against its major rivals in New York deals on Wednesday, as oil prices slipped after Greek bailout talks appeared to stumble, with wide differences remaining between Greek PM Alexis Tsipras and EU creditors over proposed reform measures to unlock bailout aid... |
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FM: Don’t Fight the Euro Central Bank: Carry On with These Three Dividend Payers! |
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24 Jun 21:01 |
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It’s no coincidence that our stock market has more than tripled in the last six years, since our Federal Reserve depressed interest rates to near zero in late 2008... |
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INVESTING: Review Of Crude Oil: Bulls Control The Trend |
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24 Jun 20:56 |
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The cycle of accumulation and distribution defines cause (building) within a broader mark down phase... |
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Russia overtakes Saudi Arabia as largest supplier of oil to China |
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24 Jun 20:51 |
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Russia has overtaken Saudi Arabia as the largest supplier of oil to China for the first time, sending almost 930,000 barrels a day last month – up 21% on April... |
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