Tag Archives: AAA

Crude prices drop on delayed Iranian crude embargo and cut to French credit rating

Oil futures fell slightly on Friday after Eurozone officials said that an embargo on Iranian crude import may be delayed by up to six months. The news sent crude prices to a three-week low after the officials said that the …

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Gold drops as market end whipsaw week on a high

Gold fell for its second straight day on friday after a report was released by the government that showed retail sales in the U.S. had increased by its largest amount in over four months. The report said that retail sales …

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In the dollar we trust

Fear that the global economy could slip into another recession pushed currency traders to jump behind the yen and the dollar on wednesday.

U.S. markets have taken extreme swings over the past week following the downgrade of the U.S. credit …

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Gold companies rally as investors head for safe havens (ABX, NG, GG)

Gold rose above $1,800 an ounce for the first time in history on wednesday as investors  sold off investments in vulnerable stocks and stashed their cash in safe haven assets such as precious metals.

Gold for december delivery rose to …

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Yields on Treasury bonds fall to record low levels following Fed promise on interest rates

Strong demand for Treasury notes has pushed yields to a record ow following the Federal Reserves announcement that the will keep interest rates near zero for 2 more year.

The demand for Treasury bonds has skyrocketed following the Standard and …

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Market rallies after Fed announces interest rates will remain near zero for 2 more years

The Federal Reserve backed up concerns that the economy is looking grim on tuesday after suggesting that the may keep interest rates at near zero for two more years. That lead to a wild afternoon in U.S. markets as investors …

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