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Brent Slides On UN Program To Destroy Syria's Chemical Weapons
Monday, September 16, 2013 - 7:45am | 304Read More...Brent crude oil slid below $111 on Monday morning and traded at $110.74 at 7:00 GMT. Prices tumbled after a deal between Russia and the US called off military action in Syria and eased concern about a supply interruption in the Middle East. CNBCreported that over the weekend, US Secretary of State...
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Barron's Recap: Seeking Higher Returns
Sunday, September 15, 2013 - 12:15pm | 920Read More...This weekend in Barron's online: why wealthy investors are taking on more risk, as well as the prospects for Barrick Gold, Scripps Networks Interactive, Computer Sciences and CST Brands. Cover Story "Seeking Higher Returns" by Karen Hube. Top wealth-management firms are urging investors to leave...
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Benzinga Market Primer: Friday, September 6: Companies And Investors Are Back Into Borrowing
Friday, September 6, 2013 - 6:34am | 1074Read More...After excessive debt caused the collapse of Lehman Brothers at the start of the US financial crisis, US companies shied away from taking new loans and focused on lowering their debt. However, five years later, it seems more and more companies are using corporate bonds to grow. The Federal Reserve...
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Tapering, Stocks And Syria, Oh My!
Wednesday, September 4, 2013 - 10:52am | 465Read More...Mark Vitner, managing director and senior economist at Wells Fargo (NYSE: WFC), and David Joy, chief market strategist at Ameriprise Financial (NYSE: AMP), appeared on CNBC's Squawk Box Wednesday morning where they discussed the inevitable tapering that's to come from the Federal Reserve. "There'...
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The Top 10 Financial Tweets For Wednesday, August 14
Wednesday, August 14, 2013 - 11:55am | 1165Read More...There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful or just down right comical. 1. Alberto Nardelli Electionista's Alberto Nardelli (@AlbertoNardelli) tweeted an awesome...
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World Markets Lower – Blame The Fed
Wednesday, August 7, 2013 - 12:02pm | 486Read More...What does it mean when you have a U.S. equity market that sold off Tuesday, futures down Wednesday, the Nikkei down four percent Wednesday, weaker dollar and weaker gold? The same thing as last time: the Fed is, once again, floating the tapering talk. The traders’ playbook is relatively...
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Fed Keeps Bond Buying On Track, Sees Modest Recovery
Wednesday, July 31, 2013 - 2:38pm | 496Read More...In its latest interest rate statement, the Federal Reserve kept rates on hold as expected and kept its bond-buying program at $85 billion per month. The Fed made no indication of tapering at all in its statement. Modest Recovery The Fed noted that the economy expanded at a modest pace in the first...
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GDP Beats Forecast On Upturn in State and Local Spending and Higher Corporate Investment
Wednesday, July 31, 2013 - 9:09am | 397Read More...The first estimate of second quarter GDP was released Wednesday morning alongside massive revisions to previous years data that now account for certain forms of research and development spending. However, data for the second quarter beat economists expectations sending S&P 500 futures into a...
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Brent Steady Ahead of Fed Meeting
Tuesday, July 30, 2013 - 7:32am | 286Read More...Brent crude oil traded steadily above $107 as the two day US Federal Reserve meeting got underway. The commodity traded at $107.34 at 6:34 GMT on Tuesday morning as investors proceeded with caution. A recent announcement by Fed Chairman Ben Bernanke that the bank would soon taper its $85 billion...
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Brent Caught Between Supply Concerns and Waning Demand
Monday, July 29, 2013 - 7:59am | 295Read More...Brent crude oil was stuck between supply interruption fears and waning demand worries on Monday morning, but the weakening global economy overshadowed geopolitical problems in the Middle East and pushed crude prices down. The commodity traded at $106.93 at 9:04 GMT on Monday morning, but CNBC...
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Weekly Preview: Earnings Season Continues, Fed In Focus, Economic Maelstrom Expected
Friday, July 26, 2013 - 4:05pm | 2337Read More...Weekly Preview: Earnings Season Continues, Fed In Focus, Economic Maelstrom Expected Next week, earnings season continues with hundreds of companies set to report earnings. Also, there is a flood of economic data due out in the next week from around the world. Further, the Federal Reserve, the...
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Credit Suisse Says Larry Summers Appointment to Fed Chair Brings More Uncertainty Than Yellen
Wednesday, July 24, 2013 - 2:43pm | 301Read More..."A Summers chairmanship would bring with it more initial uncertainty; the markets know Yellen's views on monetary policy better than they know those of Summers," wrote Credit Suisse U.S. Economist Neal Soss this morning. For months, it was believed that current Vice-Chairwoman Janet Yellen would...
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Eurozone Consumer Confidence Improves
Wednesday, July 24, 2013 - 7:38am | 294Read More...The euro neared $1.32 on Wednesday morning as the dollar slumped on weak US economic indicators. Data from the US gave the US Federal Reserve reason to delay the rolling in of its $85 billion per month bond buying scheme. US housing data has been consistently disappointing recently, and the...
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Brent Nears $109 on Positivity from the US
Friday, July 19, 2013 - 6:04am | 352Read More...Brent crude oil stood poised to end the week on a high note on Friday morning following positive data from the US which has renewed hope that the number one oil consuming nation is getting back on track. The commodity approached $109 on Friday morning and traded at $108.80 at 6:40 GMT. The US...
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Spain To Present View on the ECB's Role in the Eurozone
Thursday, July 18, 2013 - 7:21am | 331Read More...The euro slipped to $1.30 on Thursday morning after US Federal Reserve Chairman Ben Bernanke reiterated the bank's plan to continue with its stimulus plan for the foreseeable future. Although Bernanke was quite vague in his testimony to Congress on Wednesday, he confirmed that the bank hadn't set...















