CRUDE FUTURES HOLD GAINS AFTER EIA REPORT OF 4- MLN-BARREL DRAW IN INVENTORIES.» Read More
Xstrata is preparing to recommend the latest merger offer from Glencore on Monday, with the miner over the weekend hammering out a novel structure that is designed to help maximise support from its investors. The FT reports
Scott Bauer, Trading Advantage market strategist, discusses the outlook for the precious metal, stocks, and currencies.
For many investors the possible downgrade of Spain’s debt to junk status by Moody’s next week is just another looming risk that threatens to disrupt the recent rally in risky assets, the Financial Times reports.
Industry leaders and regulators in several countries including Canada, Australia and Germany have adopted or proposed limits on high-speed trading and other technological developments that have come to define United States markets, the New York Times reports., the New York Times reports.
France will find it “almost impossible” to hire top talent if the government goes ahead with plans to impose a 75 percent marginal income tax rate, the head of L’Oréal, one of the country’s biggest companies by market value, has said. The FT reports.
Discussing the outlook on energy and metals, with Phillip Streible, RJO Futures.
Germany intends to be one of the first countries to try to put the brakes on high-frequency trading, the computer-driven force that has been rattling stock markets across the globe, the New York Times reports.
“A man’s got to know his limitations,” says “Dirty Harry” Callahan, the gun-toting, rule book-ignoring cop immortalised by Clint Eastwood in Magnum Force. It is a principle the US Federal Reserve could learn from, the FT reports.
To say that the choice of Tim Pawlenty to represent the banking industry is odd would be an understatement, but his appointment is the clearest sign yet of the flexible ethic that makes the revolving door in Washington spin faster.
If life in the euro zone’s economically embattled periphery was not bad enough, now the coffee culture emblematic of southern Europe is under siege. Italians are having to cut back on their cappuccinos and espressos and Spaniards are dropping their cortados, contributing to a sharp drop in wholesale coffee prices. The FT reports.
Forget the sharp slide in oil prices. What’s really concentrating minds in oil markets is the huge sums at stake in a bet on the direction of Brent and WTI — the world’s most heavily traded crude benchmarks.
The devil may have much more than the best tunes. To listen to the president of Germany’s Bundesbank, he also offers the best cautionary tale about the perils of state financing by a central bank. The FT reports.
Prominent conservatives joined Barack Obama in condemning Mitt Romney over leaked comments portraying the US president’s supporters as dependent on government, draining momentum from the challenger’s faltering campaign. The FT reports.
A look at what triggered oil's rapid price drop on Monday, with CNBC's Sharon Epperson and Tres Knippa, Kenai Capital Management.
Commercial lawyers have joined a chorus of concern over what impact reform of the London interbank lending rate could have on existing financial contracts as a review into Libor by the City watchdog draws to a close. The FT reports.
Discussing whether or not Bernanke will spark inflation with the latest round of quantitative easing, with Kevin Caron, Stifel Nicolaus portfolio manager, and Robert Brusca, FAO Economics chief economist.
Apple’s rapid international rollout of the new iPhone 5 has prompted many analysts to upgrade their sales forecasts for the smartphone, with some suggesting it could sell almost twice as many in the opening weekend as the iPhone 4 two years ago.
BAE Systems has insisted it will walk away from talks with EADS unless the combined European champion in aerospace and defence was allowed to operate as a normal company without political interference. The FT reports.
When Tom Enders, a former paratrooper in the German armed forces, took the helm of EADS in June, he let it be known inside the company that he wanted to do something bold to put his stamp on the European aerospace manufacturer. The FT reports.
Things are perking up for the automobile industry as cheap financing makes a comeback, and the reason can be traced to booming demand for asset-backed securities on Wall Street. The FT reports.
Forget stocks, forget gold, because there is one commodity Dennis Gartman says every investor needs to own: aluminum.
Is a breakout coming? Dennis Gartman discusses what he's buying. And is tech poised for a breakout? With CNBC's Jackie DeAngelis and the Futures Now Traders.
What Apple and Facebook earnings will do for the tech sector, with CNBC's Jackie DeAngelis and the Futures Now Traders.
As the EU threatens Russia with further sanctions, the CFO of Russian company Severstal pushed for a diplomatic resolution to the unrest.
Gold held steady after dipping overnight, and was likely to hold above $1,300 as tensions from crises brought safe-haven bids.
Brent held above $107, with a global oil glut keeping prices in check despite geopolitical tensions threatening supplies.