CHENNAI, India, May 23- Brent crude futures shed a dollar on Thursday to trade below $102 a barrel in a broad-based commodities sell-off, as data cast doubt on recovery in key consumer China and on worries about an early scale-back in Federal Reserve stimulus.
Euro Pacific Capital's Peter Schiff says it's time to buy the bullion bounce. Gold jumps off a key $1,700 level. So is there a super spike coming, with CNBC's Jackie DeAngelis and the Futures Now Traders, Rich Ilczyszyn at the CME and Anthony Grisanti at the Nymex.
Sir David Walker is planning a clean sweep of Barclays’ board after he formally becomes chairman of the scandal-tainted bank next week and will also oversee the replacement of some key executive positions. The FT reports.
David Cameron on Wednesday promised “the good news will keep coming” as his error-prone government prepared to seize on new data that is expected to show Britain’s double-dip recession is over, the Financial Times reports.
France is close to agreeing a deal to prop up PSA Peugeot Citroën by providing between 5 billion euros and 7 billion euros of financial guarantees to the ailing carmaker’s lending arm. The FT reports.
Trading the new iPad and profiting from the new device's release, with Doug Kass, Seabreeze Partners Management, CNBC's Jeff Cox, Jackie DeAngelis and the Futures Now Traders, Rich Ilczyszyn at the CME and Anthony Grisanti at the Nymex.
If this week is anything like the last, be prepared for a roller coaster of a ride. Here are some important events to watch in the days to come, according to trader Anthony Grisanti.
A look at what experts are watching ahead of the opening bell, with Scott Nations, NationsShares chief investment officer, and Michael Darda, MKM Partners chief economist.
Lloyds Banking Group is examining whether to ditch the concept of annual bonuses for senior staff and extend the timeframe of longer-term incentives to up to 10 years, according to people briefed on a project to overhaul remuneration, the Financial Times reports
A look at what traders are watching after yesterday's Google surprise, with David McAlvany, McAlvany Financial Group, and Bob Iaccino, Traderinstinct.com.