*Cushing up 508,000 bbls- EIA. NEW YORK, Aug 27- Crude oil futures settled flat after choppy trading on Wednesday, following a report that showed declining U.S. gasoline demand in the world's top oil consumer and a build at the key Cushing, Oklahoma, storage hub.» Read More
Kevin Ferry, Cronus Futures Management; David Gilmore, FXA senior analyst; and John Netto, M3 Capital president, provide a preview of what traders are watching ahead of the holiday weekend, including a look at continued problems in the euro zone, the drop in gold prices, and the drifting U.S. dollar.
A look at what traders will be watching ahead of the opening bell, with Ben Lichtenstein, TradersAudio.com president.
Earlier this month, I asked the leaders of a group of U.S-based companies what – if anything – they were doing to prepare for “Grexit”, or a possible exit of Greece from the euro zone. The responses from the manufacturers were rather vague. The FT reports.
Some of Europe’s biggest fund managers have confirmed they are dumping euro assets amid rising fears over a possible Greek exit from the euro zone and single currency turmoil, the Financial Times reports.
The FMHR traders share their top three trades today, including Pandora popping on better-than-expected earnings. J.C. O'Hara, Phoenix Partners, discusses rising crude prices and a look at how to play oil at these levels, with Dan Dicker, MercBloc.
Market correlations have once again been rising - with stocks, bonds and even gold dropping in recent weeks on worries about Greece. That's making it harder for investors to use traditional forms of portfolio diversification. Instead, according to one fund manager, investors should be looking at technical price patterns.
Yra Harris, Praxis Trading, discusses which market moving activities traders will be watching ahead of the opening bell and shares his perspective on repealing the Glass-Steagall Act.
When Lehman Brothers declared bankruptcy in September 2008, investors rushed to buy gold. When the eurozone crisis erupted in 2010, they bought more.' But this year the buying has fizzled out, reports the Financial Times.
I sympathize with the Germans. This is not because I agree with their prevailing view of how the crisis occurred or what to do about it. I sympathize because the German elite were the ones who understood what creating the euro implied. They realized that a currency union could not work without a political union. The FT reports.
Joe Kinahan, TD Ameritrade chief derivative strategist, weighs in on what's moving the futures market ahead of the open.
Banks are braced for a fresh attack on their profit margins, if Moody’s presses ahead shortly with plans to downgrade short-term funding ratings sectorwide. The FT reports.
The majority of the world’s art that is not on display, either in museums or private residences, is stored in a small number of tax-free ports across the globe, mainly in Switzerland.
Jim O'Neil, Goldman Sachs Asset Management chairman, discusses where to find value in U.S. equities, and the euro zone's continued debt problems, with Dick Grasso, former NYSE chairman.
Bart Chilton, Commodities Futures Trading Commission commissioner, weighs in on an open probe into any wrongdoing in JPMorgan's $2 billion plus trading loss.
The Institute of Directors has endorsed a radical proposal that recommends replacing part of the UK tax system with a single income tax rate of 30 percent and reducing the government’s share of the national economy to one-third, the Financial Times reports.
Vince Cable, business secretary, has vowed to resist “bonkers” proposals to allow bosses to fire underperforming staff at will, as coalition tensions flared over a Number 10-inspired report on cutting jobs red tape. The FT reports.
A look at what traders will be watching in the currency markets, ahead of the opening bell, with David Woo, Bank of America Merrill Lynch.
Imagine for a minute that you are sitting on a $360 billion-odd pot of cash. Somehow you have to stash that money in an incredibly safe place, but also produce some returns. So where do you put it? The FT reports.
If Greece goes: An exit is likely to shatter faith in the eurozone’s integrity for ever. The Financial Times reports.
David Cameron, Britain’s prime minister, will on Thursday warn that the single European currency could unravel in a way that “carries huge risks for everyone” unless the eurozone’s 17 members move rapidly towards full fiscal and political union.
Master of the S&P Howard Silverblatt explains how two groups are controlling the market right now.
Despite all that should be hurting gold, the precious metal has traded flat for the month. Is that a bullish sign?
Gold is up 5 percent on the year. Is there a bullion breakout ahead? With CNBC's Bertha Coombs and the Futures Now Traders.
Brent crude dipped on Thursday, but still held between $102 and $103 a barrel, as expectations of ample supply weighed on prices.
Gold rose on softening dollar and increased tensions between Ukraine and Russia, but the metal was under pressure from rallies in equities and U.S. interest rate hike.
The slide in global crude oil prices will push U.S. gas to its lowest Labor Day price since 2010. USA Today reports.