FED’S PLOSSER: Fed may need to raise federal funds rate target as early as 2012 read full news Published: Thu, 01 Mar 2012 07:49
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Monthly Archives: February 2012
Dairy pushes New Zealand export volumes to their highest level
Both seasonally adjusted dairy and total export volumes in the December 2011 quarter were at their highest levels since the series began in 1990, Statistics New Zealand said today. Seasonally adjusted export volumes rose 2.9 percent in the December 2011 quarter. The rise was mainly due to dairy … read full news Published: Thu,...
Federal Court Orders Enfinium Pay $80,000 Penalty, Cease Soliciting U.S. Customers, and Modify Website
<img src="/images/01.03.12/Federal Court Orders Enfinium Pay $80 000 Penalty Cease Soliciting U.S. Customers and Modify Website.jpg" alt="Federal Court Orders Enfinium Pay $80 000 Penalty Cease Soliciting U.S. Customers and The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court consent order against defendant Enfinium Pty Ltd (Enfinium) of Sydney, Australia, for soliciting and...
Australian PMI: Manufacturing expansion continues in February
Significant increases across the clothing and footwear and transport equipment sub-sectors together with a lift in new orders were leading contributors to another month of expansion in the manufacturing sector, according to the latest Australian Industry Group – PwC Australian Performance of… read full news Published: Thu, 01 Mar 2012 07:49
Bonus Drop Means Trading Aspen for Coupons
Andrew Schiff was sitting in a traffic jam in California this month after giving a speech at an investment conference about gold. He turned off the satellite radio, got out of the car and screamed a profanity. Im not Zen at all, and when Im freaking out about the situation, where Im stuck li…...
Gold drops over $77, posts monthly loss
Gold futures dropped more than $77 an ounce Wednesday and posted a loss for February, as Federal Reserve Chairman Ben Bernanke failed to offer an indication of further quantitative easing, boosting the dollar and pressuring dollar-denominated gold. Gold also fell as upbeat U.S. economic data dull… read full news Published: Thu, 01 Mar 2012...
Gold getting keistered
Thats a technical term Upon breaking below the $1700/05 level, spot gold has fallen all the way to $1690. EUR/USD is finding good two-way interest in the 1.3320/25 area. If Gold continues to slide look for the sellers to win the battle in EUR/USD. Were having a classic risk-off reaction … read full news...
Gold getting keistered
Thats a technical term Upon breaking below the $1700/05 level, spot gold has fallen all the way to $1690. EUR/USD is finding good two-way interest in the 1.3320/25 area. If Gold continues to slide look for the sellers to win the battle in EUR/USD. Were having a classic risk-off reaction … read full news...
Gold tumbles 4 percent in biggest 1-day loss this year
Gold prices slumped more than 4 percent on Wednesday, their biggest one-day drop this year. Analysts said testimony from U.S. Federal Reserve Chairman Ben Bernanke suggested the bank was unlikely to engage in more easing in the short term. Expectations for an extension of ultra-loose U.S. mone… read full news Published: Thu, 01 Mar...