Group items tagged

Oil has been rallying on optimism from Europe, but after paring some gains in late date day trading after reports of continued division in the eurozone, investors have to question whether the rally will last.

China stocks opened higher in Hong Kong due to optimism Europe would recapitize its struggling banks, but a drop on Mainland markets cut into investor gains.

Today, a light volume tape can be expected due to the Columbus Day holiday. Federal government offices will be closed, as well as bond markets.

Optimism over a solution to the European debt crisis and stabilized A shares on the Mainland fueled another round of sharp increases in strong turnover in Hong Kong.

Gold settled up by 0.09% at 26837 remained supported amid speculation the Fed could delay hiking interest rates until late 2015, instead of tightening midyear, after a recent run of soft economic data dampened optimism on the recovery.

China's copper imports fell 2.8 percent in June from the previous month, hitting a 4-month low as weak seasonal demand dampened buying amid a slow domestic economy. China's export sales unexpectedly rose for the first time in four months in June and imports fell again but posted their best performance this year, causing some optimism tepid trade flows are picking up. Today MCX launches its new contract- Gold Global. It is a Cash Settled contract, excludes custom duty, taxes and Domestic premium/discount... Read more here: http://www.pinnaclefinancial.in/blog/mcx-started-gold-global-contract-today/

Federal Reserve Chairman Ben Bernanke's announcement in Jackson Hole today prompted optimism and increased commodities activity. While ambiguous, Bernanke's promise to consider further government support, invigorated oil, gold, wheat, corn and soybeans

Hong Kong gained as increased optimism that Europe will solve its debt crisis boosted Asian markets. However, turnover fell, reflecting a lack of momentum.

Wall Street continues rally as investors regain hope on a resolution in Europe and the U.S. staves off another shutdown risk. Commodities also rebound after major drops.

Gold miners have yet to catch up with the towering price of gold making them an attractive bargain entry point into the rise of precious metals. Should the price of gold continue to rise a midst on-going volatility miners could catch up.

As the market enters the fourth quarter, investors may be relieved to know that the market historically performs quite well in Q4. But a year-end rally, if it happens, may be short-lived.

Recent insider buying at Nvidia and Avis Budget Group expresses confidence among top executives that their stock prices are about to bounce back. Is it worth it to follow their lead?