About: Irene Wilson

Gold swung near a one-week high, heading for a monthly and quarterly loss, as the Federal Reserve scales back stimulus amid a strengthening U.S. economy, damping demand for a protection of wealth. Gold fell 3.4 percent in December for a fourth monthly loss and tumbled 28 percent this year, poised for its worst annual drop since 1981, as...

The yen traded 0.2 percent from a five-year low against the dollar as the Bank of Japan continues unprecedented easing while the U.S. Federal Reserve begins to pare stimulus. The yen fell  as the Nikkei 225 Stock Average (NKY) closed above 16,000 for the first time in six years, reducing demand for the currency as a...

Steel reinforcement-bar futures dropped toward the lowest level in five weeks on concern that China’s second cash crunch this year will slow the pace of economic growth, reducing demand for the construction material. The People’s Bank of China saw the seven-day interbank repurchase rate rise for a seventh straight session On Dec. 23 even after it...

NEW YORK (MarketWatch) — Oil futures advanced in preholiday trade on Tuesday ahead of weekly U.S. oil inventory data due later in the day.

February crude oil CLG4 -0.04% climbed 31 cents, or 0.3%, to close at $99.22 a barrel. Oil futures registered little reaction to data that showed orders for durable goods rose a stronger-than-expected...