European shares closed off their lows on Wednesday after retail sales data in the U.S. was released.
Stock index futures erased their early losses to turn higher Wednesday as investors cheered an upbeat retail sales report that showed the biggest gain since last September.
Global oil demand is set to be depressed by weak economic growth throughout 2013 while soaring U.S. oil production gives consumers a cushion to withstand most supply outages, the IEA said.
Asian shares fell on Wednesday as investors took profits for a second straight session on concerns that the region's recent rally may be headed for a correction.
While gold is down about 4 percent since the start of the year, this is just a small fraction of the losses seen in the shares of gold miners.
U.S. retail sales data could be a test for markets Wednesday as it could show how much consumers were hit by a payroll tax hike and a delay in tax returns in early 2013.
If you’re not already in stocks, Cramer said stand down.
Brent crude prices fell a third straight session in choppy trading on Tuesday, while U.S. oil posted a fourth consecutive gain, tightening the spread between the two contracts to the narrowest since January.
The yen rose against the dollar for the first time in a week on Tuesday, rebounding from a 3 1/2-year low, as short and long-term investors opted to book profits.
U.S. Treasury debt prices rose as a recent spike in yields lured investors and as U.S. government debt tracked other safe-haven markets higher in the absence of key domestic data releases.
Gold rose above $1,590 an ounce on Tuesday, gaining nearly one percent following comments by an ECB official that euro zone inflation pressures are abating, which was viewed as an indication of continued monetary easing.
The price of West Texas Intermediate (WTI) crude oil is set to plummet to $75 per barrel as increased use of shale oil in the U.S. blots out demand for the energy source.
Talk of a "great rotation" out of bonds and into equities is misleading, according to Lombard Odier.
The most important number for COMEX gold is $1,540 an ounce. This has determined the precious metal's course in the past and could do so going forward.
As the Dow Jones hits another record closing high, Jim O'Neill, chairman of Goldman Sachs Asset Management turns cautious on equities.
Dennis Gartman says he's sitting out the stock market.
The dollar rose against the yen Monday, trading near a 3 1/2-year high set the previous session when strong U.S. jobs data spurred speculation the Federal Reserve could back away from its ultra-loose monetary policy.
U.S. Treasury debt prices slipped on Monday as U.S. employment growth and stock market gains curbed demand for U.S. safe-haven debt.
Oil fell below $110 on Monday after data from China revived worries over the economic recovery.
Gold rose slightly, as mixed Chinese economic data and Italy's credit downgrade encouraged some appetite for the metal as a safe haven, but prices were held in check by a firmer dollar.