Goldman bailing out of commodities?
Tuesday, 12 April 2011 11:31
Large movements in the commodity markets today were initially driven by Goldman Sachs, as today they advised clients to cash out of oil which contributed to futures slipping nearly 3 %.
Read MoreThe US markets had a very harsh start to the day
Tuesday, 12 April 2011 10:09
The US markets had a very harsh start to the day, the Dow Jones fell more than 100 points after Japan raised the alert level on its nuclear crisis and some disappointing results. Most Asian markets and Euroland were off as well.
Read MoreUS markets closed mixed with the S&P 500 lower
Tuesday, 12 April 2011 07:39
US markets closed mixed with the S&P 500 lower as oil related stocks fell on a drop in crude prices after the IMF cut its growth forecasts for the US and Japan.
Read MoreAustralian stocks fell 1.3 % on Tuesday
Tuesday, 12 April 2011 07:33
Australian stocks fell 1.3 % on Tuesday, the biggest one-day loss in four weeks after hitting a 12 month high the previous session, miners and energy stocks were the main culprits.
Read MoreUS stocks have started the week with modest gains.
Monday, 11 April 2011 05:21
US stocks have started the week with modest gains. Dow +33.66, Nasdaq +4.74 S & P +3.22. The dollar has gained ground against the euro this morning as well.
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