IBTimes Australia : Gold Topic

The Nemenoff Report Bonds Higher, S&P's Lower, Silver Lower

Tue, 21 May 2013 07:10:13 -0700

June Bonds are currently 2 higher at 143'26 and the 10 Yr. Note 1 lower at 131'25.0. Treat as a trading affair between 143'00 and 146'0. We remain short the July Bond 141'00/147'00 strangle from the 68 point level. This strangle is currently at 72, 4 ticks against us.

The Energy Report - Getting Closer to the Top

Tue, 21 May 2013 05:47:12 -0700

With gold and silver capitulating and treasuries yield rinsing oil will have to balance the bearish implications of the Fed taking about an exit strategy versus the disinflation that is now plunging Europe. With the Chicago Federal Reserve President Charles Evans saying that while monetary policy is right now but suggesting that the Fed could end bond buying by the fall.

Dollar firms before Bernanke, inflation dip hits sterling

Tue, 21 May 2013 05:28:02 -0700

The dollar firmed, gold fell and shares slipped off five-year highs on Tuesday as investors postioned for an update on the future of the U.S. Federal Reserve's stimulus programme.

Cannes Film Festival 2013: Aishwarya Rai Bachchan Spotted with Daughter Aaradhya

Tue, 21 May 2013 03:32:50 -0700

Bachchan who is obviously caught between interviews, shoots and red carpet appearances reportedly played a doting mother in-between her busy schedule.

Cannes Film Festival 2013: Aishwarya Rai Bachchan Looks Stunning on Red Carpet, Outshines Vidya Balan, Sonam Kapoor

Tue, 21 May 2013 01:12:57 -0700

The 39-year-old green-eyed beauty on her 12th consecutive year at the annual event finally slashed a series of unimpressive red carpet turnouts by Indian actors till day four of the event.

Dollar firms as Fed suspense builds, shares off highs

Tue, 21 May 2013 00:49:03 -0700

The dollar edged higher, gold steadied and European shares remained near five-year highs on Tuesday as investors wait to see if the U.S. Federal Reserve will give any signal on the future of its stimulus program.

Ghana hopes to shield economy from African oil curse

Mon, 20 May 2013 23:49:02 -0700

Oil brought riches to Nigeria but also ravaged its economy and fuelled corruption and conflict. Now nearby Ghana has begun production and wants to take the wealth but dodge the oil curse.

Cannes Film Festival 2013: Slimmer Aishwarya Rai Bachchan Looks Gorgeous in Floor-Length Gown [PHOTOS]

Mon, 20 May 2013 22:38:05 -0700

Former Miss World Aishwarya Rai Bachchan made a stunning appearance at the 66th annual Cannes Film Festival.

Xbox 720/Infinity Pre-Event Rumors: IllumiRoom, Conquering Cloud Streaming & What to Expect on May 21

Mon, 20 May 2013 21:40:56 -0700

Microsoft is all ready for its May 21 event, but that doesn’t stop last-minute speculations from making its last rounds.

Dollar firms as suspense builds, Asia shares dip

Mon, 20 May 2013 21:35:02 -0700

"Will he or won't he?" is the question investors want answered at Wednesday's Congressional testimony by Federal Reserve Chairman Ben Bernanke, as suspense builds on whether the Fed will soon start tapering its bond-buying stimulus scheme - as hinted at by a Fed regional president last week.

New Samsung Galaxy S4 Flavours Revealed in Leaked Pics: Waterproofed GS4 Active, GS4 Luxury Edition and a Hulking GS4 Mega [PHOTOS]

Mon, 20 May 2013 21:12:02 -0700

The buzz pointing to fresh Galaxy S4 versions floated this week, further Samsung’s underway effort of unleashing a smartphone juggernaut to overwhelm its rivals, the Apple chief among them.

Asian Session Notes: 5/21/13: Focussing on the AUDNZD play

Mon, 20 May 2013 19:49:02 -0700

NZDUSD Resistance: 0.8177 moderate / 0.8208 minor / 0.8255 moderate Support: 0.8138 moderate / 0.8107 minor / 0.8060 moderate Separating the Wellington open into a different daily candle gives us a three inside up pattern in NZDUSD, suggesting that mean reversion is at play given the gap with the daily EMA lines.

A Simple Interpretation on Gold for Times of Monetary Madness

Mon, 20 May 2013 16:34:33 -0700

Another day, another beating for the precious metals. After gold and silver fell in New York trading on Friday, Asian futures markets have opened in a panic, with leveraged holders no doubt getting margin calls over the weekend. The result? Stump up more cash or sell. Clearly, selling is the preferred option.

Stocks Terrorise the Gold Market

Mon, 20 May 2013 16:32:14 -0700

Bad money drives out good money. That's the short version of Gresham's Law. What it really means is that people interested in self-preservation don't follow trends. When inflation runs amok in financial markets or in the economy, prudent people tend to hoard what's valuable.

Credit Suisse Forecasts Gold Price Plunging to $1,100 in 2013; $1,000 by 2018

Mon, 20 May 2013 15:40:25 -0700

Gold experts continue to see bleaker days ahead for the yellow metal, once considered a safe haven. Ric Deverall of Credit Suisse forecast the price of gold would further dip to $1,100 in 2013 and even plunge more to $1,000 in the next five years.

Wall Street ends flat on correction worries

Mon, 20 May 2013 14:35:02 -0700

Stocks ended little changed on Monday, with indexes hovering near record levels as concerns about a correction cut earlier gains that had been prompted by news about a flurry of acquisitions.

Game of Thrones Season 3 Episode 8 Review – Second Sons

Mon, 20 May 2013 14:00:36 -0700

Tyrion, Daenerys and Melisandre all shined in an episode full of nudity, sex and weddings.

Wall Street hovers near record levels as investors hesitate to jump in

Mon, 20 May 2013 11:28:03 -0700

Stocks slipped by afternoon trade on Monday as indexes struggled to break above their record levels with investors hesitant to rush into the market.

Wall St. inches up as deals provide support for rally

Mon, 20 May 2013 10:07:02 -0700

Stocks rose slightly on Monday as acquisition activity gave support, but investors were hesitant to rush into the market with indexes hovering around record levels.

Wall Street little changed, deals provide support

Mon, 20 May 2013 08:21:02 -0700

Stocks were little changed on Monday as acquisition activity gave support but investors were reluctant to rush into the market with indexes hovering around record levels.

Wall St. dips after records, but deals support

Mon, 20 May 2013 07:14:03 -0700

Stocks dipped in early trading on Monday, with investors scrambling for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday.

Ex-Goldman banker Thornton steps down from HSBC board

Mon, 20 May 2013 06:56:03 -0700

John Thornton, the former Goldman Sachs president who specializes in Chinese affairs, is stepping down from the board of HSBC to spend more time on his other business interests, Europe's biggest bank said on Monday.

The Nemenoff Report Bonds Higher, S&P's Lower, Silver Lower

Mon, 20 May 2013 06:38:28 -0700

June Bonds are currently 16 higher at 144'15 and the 10 Yr. Notes 6.5 higher at 132'02.0. For the moment we are looking at the Bonds as a trading affair between 143'00 and 146'00. On Friday we sold the July Bond 141'00/147'00 strangle at 68 points which is currently tra...

Wall Street to dip after records, acquisitions eyed

Mon, 20 May 2013 06:28:02 -0700

Stocks were set to dip at the open on Monday as investors search for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday.

Reflection time for dollar bulls

Mon, 20 May 2013 05:47:32 -0700

It's been pretty slow-going today as economic data has been thin on the ground. Ranges in FX are fairly tight and stock markets are flat to fairly neutral. Currently US futures are pointing to a slightly lower open. But there are some important fundamental events this week that could impact the medium-term direction of markets.

Cannes Film Festival 2013: Aishwarya Rai Bachchan Stuns in Black at Bombay Talkies Premiere [PHOTOS]

Mon, 20 May 2013 03:52:01 -0700

Cannes 2013 celebrates 100th anniversary of Indian cinema with screening of Bombay Talkies

Cannes 2013: Aishwarya Rai Bachchan, Vidya Balan, Zoya Akhtar Spotted in Saris at 'Bombay Talkies' Screening

Mon, 20 May 2013 02:49:09 -0700

Bollywood actresses Aishwarya Rai Bachchan and Vidya Balan showed up in Indian attire for the screening of Indian anthology film "Bombay Talkies" on Sunday at 66th Cannes Film Festival.

Gold Futures to Fall Past 1-Month Low

Mon, 20 May 2013 02:12:58 -0700

Gold futures in India are likely to fall past their lowest level in a month, weighed by expectations of a strong dollar, dimming the yellow metal's appeal as an alternative investment.

Cannes 2013: Aishwarya Rai Bachchan Overcomes Past Fashion Disasters, Looks Stunning on Red Carpet [PHOTOS]

Mon, 20 May 2013 00:56:26 -0700

Bollywood actress and former Miss World Aishwarya Rai Bachchan put fears of another style disaster to rest, after showing up in a fabulous black lace and sequined Elie Saab couture gown at the 66th Cannes Film Festival on Sunday.

Global shares grind higher, yen edges up on Amari comments

Mon, 20 May 2013 00:42:02 -0700

Rising optimism about global growth pushed world shares to a near five-year high on Monday, while comments from Japan's economy minister that consumers could suffer if the yen falls further lifted it off a 4-1/2 low.