NEW YORK/ LONDON, Oct 24- Gold edged lower on Friday and closed down for the week as rallying equity markets and strong U.S. economic data dented demand for the precious metal as an insurance against risk. COMEX gold futures outperformed spot, settling up $2.70 at $1,231.80 an ounce, with lower-than-usual volume, according to preliminary Reuters data.» Read More
Is now the golden opportunity to buy the precious metal? Analyst Michael Dudas says gold has $2,000 upside target.
Just the same, here's how the "Futures Now" traders are playing the markets, with CNBC's Jackie DeAngelis and the Futures Now Traders.
Is it time to sell the rally? Have stocks rallied too far, too fast, with CNBC's Jackie DeAngelis and the Futures Now Traders, Rich Ilczyszyn at the CME and Anthony Grisanti at the Nymex.
The Futures Now team discusses how to trade the oil space, as crude prices rebound.
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It's time to protect my downside risk in equities for the next 30 days, "Futures Now" trader Rich Ilczyszyn said.
Larry Fink was once a prince of Wall Street. In the 1980s he became the youngest managing director ever at First Boston, where he was a pioneer in the mortgage bond market. He might have been fitted for the crown at the investment bank, now owned by Credit Suisse, but in 1986 his mortgage department lost $100 million in a single quarter. Two years later he was out. The FT reports.
The euro zone should gradually acquire the powers of a national government with a single treasury and the right to tax or issue commonly backed bonds under a Brussels blueprint to ensure the single currency’s longer-term survival, the Financial Times.
Ian Axe, CEO, LCH.Clearnet explains the role of clearing houses amid growing regulation in the financial sector. He says they are like insurance companies for exchanges with regards to their trades and financial products.
Although the price of gold fell sharply Wednesday, marking its biggest one-day drop in three weeks, some professional traders remain bullish on the precious metal.
Gold dropped $20 in five minutes under this morning, and it made plenty of traders nervous. But where some saw a crisis, one big options trader saw an opportunity.
Investors are bracing for companies to ramp up purchases of their own shares in response to expected tax changes in the new year, despite growing criticism of buybacks, the New York Times reports.
François Hollande demanded on Tuesday that Lakshmi Mittal, the steel magnate, guarantee the long-term future of workers at a disputed plant in northern France or face the threat of a state takeover of the operations.
Eurozone governments could be forced to accept losses on their rescue loans to Greece after Monday’s late-night deal to overhaul its bailout failed to agree how to reach new debt targets for the struggling country, according to documents seen by the Financial Times, the Financial Times reports.
Magnus Bocker, CEO, Singapore Exchange says Olam, like most Singaporean companies, has maintained a clean track record when it comes to the SGX's disclosure rules.
Limited or no mortgage interest deductions in the U.S. tax code could prompt a sea change from buying to renting, influential economist Robert Shiller told CNBC’s “Futures Now” on Tuesday.
Whether or not policymakers reach a deal to avoid the “fiscal cliff,” here’s how the “Futures Now” traders are positioning themselves.
Should you short bonds into a resolution of the fiscal cliff. How to get your bang for the bond, with CNBC's Jackie DeAngelis and the Futures Now Traders.
Why are stocks falling on good news? Levels to watch on the S&P, with CNBC's Jackie DeAngelis and the Futures Now Traders.
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One week ago, Dennis Gartman said that a "bear market" was beginning. What went wrong with his prediction?
A Greek tragedy could be ahead for markets, warns Larry McDonald of Newedge.
TrimTabs CEO David Santschi says the lack of fund selling during last week's downdraft was truly surprising -- and it could point to more weakness ahead for stocks.
More groundwater is being used in California. But for hundreds of thousands of people, it may be contaminated.
Gold edged lower and closed down for the week as rallying equity markets and strong US economic data dented demand for the precious metal.
Brent crude fell below $86 a barrel on Friday on news of strong supply from OPEC producers and a case of Ebola in New York.