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Gold Eases Back Ahead of Cyprus Vote 19 Mar 2013 | 08:08 pm
Gold eased on back toward the $1600-range Tuesday, this as investors wait to hear the outcome of the vote in Cypress. Government officials there have said there will be no vote today and they are wor...
Oil Prices Remain Below $94 19 Mar 2013 | 07:58 pm
The price for a barrel of West Texas Intermediate crude oil added just 5 cents to move to $93.91 per barrel on the New York Mercantile Exchange (NYMEX). Benchmark crude is holding steady while the cr...
Euro Hits New 3-month Low 19 Mar 2013 | 07:54 pm
The euro moved down to a three-month low against the dollar, this as no new progress has been made in Cyprus. The government in Cyprus has announced that it will not vote on the bank account confisca...
Japan Nikkei Regains Monday’s Losses 19 Mar 2013 | 11:03 am
Losses in the markets Monday over Cypress were done out of fear, so now that the initial crisis has passed the Nikkei 225 in Japan retook those losses Tuesday. The Nikkei moved up 246.55 points to 12...
Wall Street Regains, Still Ends Lower 19 Mar 2013 | 01:36 am
All the S&P needed was to run up by a few points this morning and it would have hit its all-time high. But thanks to Cyprus, a small island country of barely a million people in the Mediterranean, t...
Gold Prices Break Through $1600 18 Mar 2013 | 10:00 pm
It took the news out of Cyprus, which has sent equity markets reeling, to send gold back up over $1600 per ounce. Gold had been trading at six-month lows until news of the bailout and banking leverag...
Euro Drops Most in 14 Months 18 Mar 2013 | 09:54 pm
For the past two weeks the euro had been inching its way back up, this after the slide due to the Italian elections. Now, as news comes from Cyprus of an unusual bailout deal, the euro has fallen the...
Oil Prices Move Down Monday 18 Mar 2013 | 07:51 pm
On fears that the new bailout deal in Cyprus might lead to a slowing European economy, prices for Benchmark, West Texas Intermediate crude fell below $93 per barrel Monday, this on the New York Mercan...
Nikkei Retreats 2.7 Percent on Cyrpus Fears 18 Mar 2013 | 07:19 pm
Cyprus might be thousands of miles away from Japan, but in the new age of global markets it might as well be next door. New bailout plans for the island country spooked investors Monday in Japan as e...
Gold Looks to Retop $1600 15 Mar 2013 | 06:45 pm
Gold has been right at the edge of the $1600-mark these past few days. Can it find its way north of the breakwater point today? Most experts think it can. Gold has taken a beating the past couple mo...