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Oil markets: Bottoming out or taking a breather?

posted by Avatar JonDough 1409 days ago in USD, Oil made popular 1408 days ago

Oil prices tumbled below $130 a barrel for the first time in more than a month Thursday, as crude's dramatic slide entered a third day accompanied by a sharp sell-off in natural gas.  read more
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Single-family building dips to slowest in 17 years

posted by Avatar JonDough 1409 days ago in USD, Fundamental, Housing made popular 1408 days ago

A beat-the-deadline rush to file permits for apartment construction in New York City lifted housing starts to unexpectedly high levels in June, but it was no cause for rejoicing. Construction of single-family homes nationwide fell to the slowest  read more
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Why oil prices will tank

posted by Avatar JonDough 1449 days ago in USD, Special, Oil made popular 1449 days ago

Arguments that $4-a-gallon gas (or even higher) is here to stay are dead wrong. Housing's boom-and-bust cycle tells you why.  read more
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Gas prices just shy of record

posted by Avatar JonDough 1449 days ago in USD, Oil made popular 1449 days ago

Gasoline prices as measured in the daily AAA survey resumed their drive toward $4 a gallon Saturday, rising to just below the record level after a one-day retreat.  read more
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Week Ahead In US Financial Markets (June 9-13 2008)

posted by Avatar JonDough 1450 days ago in USD made popular 1450 days ago

Fed Chair Ben Bernanke will headline a major week of Fed talk when he speaks at conference on inflation on Monday evening. The market will be closely observing...  read more
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Merk Market Outlook: Inflation One-Year Ahead

posted by Avatar JonDough 1450 days ago in USD, Fundamental, Inflation made popular 1450 days ago

The recent rise in inflation has not yet been properly captured by the variety of inflation indexes used by the market to assess the pricing environment.  read more
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US house prices are falling faster than during Depression

posted by Avatar JonDough 1454 days ago in USD, Housing made popular 1454 days ago

America's house prices are falling even faster than during the Great Depression.  read more
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Paulson Signals Gulf to Keep Peg Even as Prices Climb

posted by Avatar JonDough 1455 days ago in USD, Special, Inflation made popular 1454 days ago

- U.S. Treasury Secretary Henry Paulson signaled Persian Gulf nations will probably keep their currencies tied to the dollar even as inflation accelerates.  read more
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Japan's Wages Rise 0.6% on Shift to Full-Time Workers

posted by Avatar JonDough 1455 days ago in JPY, Fundamental, Employment made popular 1454 days ago

Japan's wages rose in April for a fourth month, the longest winning streak in almost two years, as companies added full-time workers to comply with new labor regulations.  read more
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ECB Battling Faster Inflation, May Not Lower Rates This Year

posted by Avatar JonDough 1455 days ago in EUR, Inflation made popular 1454 days ago

The European Central Bank will resist cutting interest rates this year as it grapples with the fastest inflation in its 10-year history and a cooling economy, a survey of economists shows.  read more
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Pound Slumps on Concern Bradford & Bingley Provisions

posted by Avatar JonDough 1455 days ago in GBP made popular 1454 days ago

The British pound fell the most in three weeks against the dollar on concern Bradford & Bingley Plc, the U.K.'s biggest mortgage lender to landlords, will have to raise more capital as bad-debt provisions widen.  read more
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The Fed embraces inflation

posted by Avatar JonDough 1455 days ago in USD, Weekly, Inflation made popular 1454 days ago

A top Fed official warns of the hazards of printing money to solve economic problems. He's right -- and yet the nation's central bank keeps running the press at top speed.  read more