Monthly archive February, 2013

Crude oil and gold are retracing as markets digest recent volatility but worries about the impact of looming US “sequester” spending cuts may reboot risk aversion. Talking Points Crude Oil, Copper Rise as Risk Appetite Trends Digest Recent Volatility Gold and Silver Correct Read More →

The Euro may fall as borrowing costs rise at an Italian bond auction while the British Pound is under pressure before the release of revised fourth-quarter GDP data. Talking Points Euro to Fall on Strong Pickup in Italian Borrowing Costs at Bond Read More →

Dollar Secures Fifth Straight Advance as Risk Trends Still Heavy Euro Steady While Capital Markets Tumble on Fears of Italy-Bred Instability Japanese Yen Recovers as Panicked Selling Curbed British Pound: Gilt Demand Soars Despite Moody’s Downgrade New Zealand Suffers Market-Wide Drop, NZDUSD Suffers Serious Read More →

Italian politics is locked up in the stalemate resulting from the elections which ended yesterday, and market action seems to be reflecting voters’ uncertainty. The yields on Italian 6-month bills sold in an auction today rose to 1.237%, up from 0.731% Read More →

The Japanese Yen may continue to recover as Ben Bernanke hints the Fed is prepared to reduce stimulus as inflation expectations rise, sinking risk appetite. Talking Points Yen May Resume Rebound as Bernanke Testimony Sparks Risk Aversion NZ Dollar Falls as Inflation Outlook Read More →