Posts Tagged ‘oil’
Gold loses more lustre as US dollar shines
(SINGAPORE) Gold prices continued to head south yesterday, with some analysts predicting more selling pressure in the coming weeks.
The yellow metal retreated after the US dollar rebounded against the euro, while firmer oil prices offered little help as investors turned cautious on bullion after it failed to sustain recent gains.
Gold dropped below a psychological level of US$1,100 an ounce as unc… more
EMU Economic Indicators Preview
The German ZEW economic sentiment could have remained more or less unchanged in February, as the correlated indicators sent mixed signals. The ifo business expectations and the US ISM manufacturing index have both improved. The euro has depreciated and crude oil prices have gone down. However, German yield spreads have…
Regulator Imposes More Limits on Speculative Trading
The Commodity Futures Trading Commission intended to stave off a repeat of the 2008 surge in oil prices.
Weekly Technical Update: Greenback Sideways to Start New Year
The first week of the year saw the greenback giving back its gains back, more so to commodity currencies such as the Loonie, Aussie, and Kiwi. Against the Euro and Sterling, it was pretty much sideways. Surging oil prices can be attributed to the strength in the commodity currencies, even…
Will next decade be another bubble-popper?
A string of exploding investment bubbles that started with the dot-coms and ended with mortgages and oil dominated the years from 2000 to 2009. Will the next decade be different?
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