Investment-grade bond yields fell in the week ending April 29 as soft economic data raised concerns that the economy may not be ready to withstand a rate hike.
Haven bids have lifted up precious metals in 2016. The bids have helped precious metal miners and funds based on precious metals.
The gold-silver ratio is important to consider when doing a comparative study of these two precious metals. The gold-silver spread was trading at 73.6 as of May 2, 2016.
While investors worldwide have been interested in the performance of gold this year, Goldman Sachs has remained increasingly negative on the precious metal.
Unforeseen events triggered the sudden increase in precious metals at the beginning of 2016. The year started with a bang and took precious metals on a high ride.
The API (American Petroleum Institute) released its weekly crude oil inventory report on May 3.
On May 2, the API (American Petroleum Institute) released its weekly crude oil inventory report.
In the previous two parts of this series, we covered bullish drivers for crude oil prices. Now let’s look at some key bearish drivers for crude oil prices in 2016.
In this part of the series, we’ll look at some more bullish drivers for crude oil prices over the long term.
Let’s take a look at some key bullish drivers for crude oil prices. US crude oil production fell by 15,000 bpd (barrels per day) to 8.95 MMbpd (million barrels per…
June WTI (West Texas Intermediate) crude oil futures contracts fell 2.5% and closed at $43.65 per barrel yesterday.
Major European markets continued to fall on May 4. They were impacted by the Eurozone composite PMI release and the United Kingdom’s construction PMI.
Major Asian markets (AAXJ) were trading with a negative bias on May 4. It’s a continuation of the fall in global equities the previous day.
Copper is trading lower on Wednesday morning because of the stronger dollar and China’s weak manufacturing data released recently.
After starting this week on a weaker note and declining for two consecutive trading days, crude oil looks volatile on Wednesday morning.
Depressed Latin American markets took cues from lower commodity prices as of 2:30 PM EST on Tuesday.
Markets continued to price out the possibility of a rate hike by the US Federal Reserve toward the end of the year, and equity markets retreated further into losses.
With a one-year forward PE (price-to-earnings) multiple of 15.8x, Kroger (KR) does not have an extremely high valuation.
Kroger’s poor stock market performance can be explained partially by its unimpressive 4Q16 results.
The “go-shop” period for The Fresh Market, which ended April 2, 2016, expired without any new bidders stepping in.