Is gold going to $1,000 or $5,000? Peter Schiff and Paul Krake do battle over that question.» Read More
Investors cannot be counted on to make rational choices so regulators need to “step into their footprints” and limit or ban the sale of potentially harmful products, the head of the UK’s new consumer protection watchdog said on Tuesday. The FT reports.
How to play a spike in the VIX, with Fast Money traders, Guy Adami and Joe Terranova.
France and Germany are to call for a relaxation of global bank capital rules to prevent lending to the real economy being choked off, setting them at odds with the UK’s stricter approach to banks. The FT reports.
Three years ago, when the worst financial and economic crisis since the 1930s gripped the global economy, the Financial Times published a series on “the future of capitalism”. Now, after a feeble recovery in the high-income countries, it has run a series on “capitalism in crisis”. Things seem to be worse, the Financial Times reports.
UK homeowners could face higher mortgage costs and greater risk of foreclosure next year because of an obscure clause in the bank capital directive being worked on by the European parliament. The FT Reports.
Jeff Kilburg, TreasuryCurve, discusses the play on the dip in the precious metal, as oil prices slip.
Oil falls below $100 on initial Keystone reports, with CNBC's Sharon Epperson.
Four Wall Street banks were on Tuesday finalizing bids for $7 billion of mortgage-related securities that used to belong to AIG and are due to be auctioned later this week by the Federal Reserve Bank of New York. The FT reports.
“Shadow banking” must be dragged into the harsh light of day and both it and global banks must be forced to serve the real economy, one of the world’s top regulators has warned. The FT reports.
Jon Najarian, OptionMONSTER.com, looks at a new volatility metric for emerging markets.
Richard Ilczyszyn, IITrader.com, says Hormuz is just a politically motivated ploy and sees oil falling further and could test its Dec.16th lows of $92.77. Also, the trade on metals, with the Fast Money traders.
A new USDA report caught analysis off guard this morning and now commodities are taking a hit, with CNBC's Jane Wells.
In the wake of the MF Global bankruptcy, regulators have voted to enforce a new rule requiring brokerage firms to keep their house accounts separate from customer cash, the New York Times reports.
Consolidation among European carmakers is unavoidable as they battle with chronic overcapacity and mounting financial losses in a weakening market, according to Sergio Marchionne, Fiat and Chrysler’s chief executive. The FT reports.
Does a drop in the euro while the S&P holds near five-month highs signal decoupling or that it’s time to short U.S. stocks? ‘Fast Money’ pros weigh in.
If analysts’ forecasts come true, higher dividend payouts will continue in 2012, as companies release more cash and try to win over investors, the New York Times reports.
Between 2007 and 2012, the Chinese economy will expand by close to 60 percent. Emerging Asia as a whole will grow by almost 50 percent. Over the same period, economies of high-income countries will grow by a mere 3 percent. Who can doubt that the world is undergoing a profound transformation? The FT reports.
Royal Bank of Scotland is determined to press ahead with plans to pay out promised bonuses to investment bank boss John Hourican and other top staff, despite growing rhetoric from the government about excessive pay. The FT reports.
David Cameron has left open the door to Britain giving billions of pounds of new support to the International Monetary Fund – and indirectly to ailing members of the euro zone – in a move likely to infuriate euroskeptic MPs in his own Conservative party. The FT reports.
Tesco is forecast to deliver its worst Christmas sales performance in the UK for decades, amid reports of tensions at the top of Britain’s biggest retailer over its unsuccessful price-cutting campaign. The FT reports.
Is gold going to $1,000 or $5,000?
A brawl over gold, has crude topped out, and where the market's likely to close today, with CNBC's Jackie DeAngelis and the Futures Now Traders.
Gold loses 6 days of gains as it experiences its biggest drop since December. What's next for the precious metal, with Peter Schiff, Euro Pacific Capital; Paul Krake, View from the Peak; CNBC's Jackie DeAngelis and the Futures Now Traders, Brian Stutland at the CME and Anthony Grisanti at the Nymex.
Kevin Norrish, head of EMEA and Asia commodities research at Barclays, says the oil price has been relatively stable but investors have been kept "on edge" by the Ukraine crisis.
Geoff Lewis, Global Market Strategist at J.P. Morgan Asset Management, says a recovery in the U.S. and Europe can provide stabilization for commodities in the second-quarter.
Gold extended losses to below $1,300 an ounce on Wednesday on technical selling and fears of slackening demand in China.