Wall Steet Closed Higher on Fed’s Notes Easing Investors
– Oil Climbs on Surprise Drop in U.S. Inventories. Oil prices turned higher after the U.S. Energy Information Administration…
Investors Worry About the Yuan’s Strength; Japan Retail Sales Rise Stronger-than-Expected
– Investors now worried about the Yuan currency. A decade after China released the Yuan from its peg to the…
Asian Shares Slip on China Stock Jitters; Dollar Pressured
– Asian stocks started on Tuesday under a cloud with markets waiting nervously to see how Chinese shares fare later…
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Europe Stocks Plunge as China Equity Fall by 8.5% Overnight
– Chinese equity market experienced its biggest drop since 2007. The Stoxx Europe 600 Index dropped by 0.5 percent…
Gold is Not Glittering Anymore – in its Worst Slump Since 1996
– So much for predictions that gold would spike to $2,000 an ounce. The yellow metal is in a…
Dollar Recovers After Drop, Pound Rises on BOE
– The New Zealand Dollar climbed more than 1.3 percent (over 85 pips) versus the US Dollar. The gain came…