* LATEST MARKET DEVELOPMENTS * In overnight news, U.S. markets are subdued to start the new trading week. The holiday season and end of the year are approaching, with many traders winding things down or stepping to the sidelines...
Read More* LATEST MARKET DEVELOPMENTS * In overnight news, European stocks and the Euro currency treaded water. European Central Bank officials said Friday that strains on the EU banking system have eased in recent months, but said more...
Read More* LATEST MARKET DEVELOPMENTS * Attention of the market place has shifted to once again focus on the “fiscal cliff” tax increases and spending cuts that is fast approaching. There is no apparent movement from either...
Read MoreFebruary gold futures closed up $7.70 an ounce at $1,717.00 yesterday. Prices closed near mid-range yesterday. Gold was supported by bullish “outside markets” that included a lower U.S. dollar index and higher crude...
Read More* LATEST MARKET DEVELOPMENTS * The market place is awaiting the outcome of the U.S. Federal Reserve FOMC meeting and following press conference from Fed Chairman Ben Bernanke Wednesday afternoon. The Federal Reserve’s...
Read More* LATEST MARKET DEVELOPMENTS * In overnight news, the feature was the German ZEW economic expectations index rising to a much higher-than-expected reading of 6.9 in December versus November’s minus 15.7. The report boosted...
Read MoreFebruary live cattle closed down $0.12 at $130.27 yesterday. Prices closed near mid-range yesterday. Trading has been choppy recently. Cattle bulls and bears are on a level near-term technical playing field. The bulls’...
Read More* LATEST MARKET DEVELOPMENTS * In overnight news, Italy’s Prime Minister Mario Monti announced he will resign from office early next year. That news pressured the Euro currency and prompted an uptick in Italian and Spanish...
Read MoreFebruary gold futures closed up $7.50 an ounce at $1,701.30 yesterday. Prices closed nearer the session high yesterday on some safe-haven buying, short covering and bargain hunting. Bearish “outside market” forces...
Read More* LATEST MARKET DEVELOPMENTS * In overnight news, European Union countries’ collective gross domestic product shrank by 0.1% in the third quarter, from the previous quarter, and was down 0.6% from the same period last...
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