Article Archives (2013)
Displaying Articles written in 2013
Dec 19, 2013 16:57 | by Ashraf Laidi
Fed Chairman Bernanke tapers by $10 bln, tinkers with forward guidance and leaves Janet Yellen with the possibility of an inflation target.
Dec 2, 2013 19:48 | by Ashraf Laidi
When Fed Chairman-nominee Janet Yellen said in her testimony earlier this month that stocks were not in a bubble, citing PE ratios, many found it a fresh motive to buy.
Oct 3, 2013 13:33 | by Ashraf Laidi
Euro rallies across the board on breaking political and monetary news as: Italian PM Letta wins a confidence vote in the Senate following Berlusconi's U-turn to support the incumbent...
Aug 9, 2013 12:10 | by Ashraf Laidi
Four weeks ago, the USD index hit 3-year highs, metals licked their wounds from the biggest decline in decades and the US growth story stood out in the headline.
Jul 5, 2013 15:59 | by Ashraf Laidi
US June non-farm payrolls rose by 195K, surpassing forerecasts of 165K, with the unemployment rate remaining unchanged at 7.6%.
Recent rallies in Non-USD currencies resulting from poor US data have not lasted long.
Apr 12, 2013 16:59 | by Ashraf Laidi
Gold's safe haven allure takes a beating as Cyprus seeks to raise about € 400 mln in gold sales to fill the €13 bn portion of its total financial needs for the next 3 years.
Feb 28, 2013 23:42 | by Ashraf Laidi
Since equities had reached bottom in June 2012, major indices have rallied 21% to today, compared to -1% for gold bullion and -20% for the Gold Bugs index – An index of the 16 most popular...
Are the euro's gains just starting as the ECB balance sheet shrinks further from LTRO repayment?
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