“We see further near-term pressure but only of a moderate extent on gold until equity markets pull back off record levels,” he said. Janet Yellen’s confirmation to head the Federal Reserve has likely been priced into the market in the near term and further economic news will impact the time table to begin tapering the central...
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5 reasons to expect a correction
Main Street gets bullish
Stock-based mutual funds have sucked up more cash in 2013 than any year since 2004 — $76 billion, to be exact, vs. total outflows of $451 billion from 2006 to 2012.
If you want to be a fatalist, the fact that the “dumb money” is returning to the market is...
Oil on track for weekly loss on supply overhang
U.S. crude-oil futures tick higher, undoing the previous day’s losses but Nymex crude remains on track for a weekly loss amid heavy supply.
NEW YORK (MarketWatch) — U.S. crude-oil futures ticked marginally higher on Friday, undoing the previous day’s losses but staying on track for a weekly decline on worries over heavy supply.
The losses on Thursday...
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U.S. dollar, Aussie rise, as yen eases
The U.S. dollar extends its grind higher, with Australia’s currency rising and the Japanese yen falling as risk sentiment improves.
By Michael Kitchen
LOS ANGELES (MarketWatch) — The U.S. dollar extended its grind higher in Friday trade, with Australia’s currency rising and the Japanese yen falling as risk sentiment improved.
The ICE dollar index , a measure of...
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