Crude oil prices are once again lower today amid growing concerns about the health of the global economy and rising crude stockpile levels in the US. Concerns about growth were brought to the forefront by the IMF yesterday as it cut the global economic growth forecasts for the third time this year….
Originally posted here:
WTI oil falls as crude stockpiles increase more than expected
Federal Reserve officials discussed altering their guidance on the likely path of interest rates at their September meeting, but decided against making any changes because of concerns they might be misinterpreted, minutes of the meeting showed Wednesday. The Fed statement released three weeks aft…
Original post:
Fed Leery Guidance Changes Might Be Misread
Federal Reserve officials have become more concerned about weak growth overseas and the impact of a strengthening U.S. dollar on the domestic economy, warns WSJ Fed-whisperer Jon Hilsenrath, adding that, the stronger currency, by reducing the cost of imported goods and services, could hold U.S….
More here:
Hilsenrath Confirms Dovish Fed Talking Down The Dollar
Federal Reserve policy makers at their last meeting said a global slowdown and a stronger dollar posed potential risks to the outlook for the U.S. economy. A number of participants said growth “might be slower than they expected if foreign economic growth came in weaker than anticipated,” accordi…
Here is the original:
Fed Officials Saw Global Slowdown Among Risks to Outlook
A rocky exit from low interest rates by the Federal Reserve risks $3.8 trillion of losses to global bond portfolios, the International Monetary Fund warned Wednesday in its latest global financial stability report. The IMF was at pains to emphasize that it’s not forecasting such losses, but it di…
See more here:
The IMF’s $3.8 trillion warning to the Fed
Bauxite is the most abundant metal in the earth’s crust. Because of the many impurities in bauxite, it must be refined to produce alumina.
Read more from the original source:
Must-know: Playing the aluminum value chain
The fraction of total gold output held by central banks around the world has continued to decrease over the last decade and a sharp reversal in this trend is unlikely.
Original post:
Why demand for gold may be waning around the world
Weather drives electricity demand. It also drives the demand for coal and natural gas. The summer months create electricity demand for cooling. The winter months create electricity demand for heating.
Read the original post:
Why this winter may not be as good for coal producers
In the past few years, the coal industry has undergone significant changes. China has become the world’s biggest importer of coal, formerly a net exporter of coal in 2009.
Originally posted here:
Coal and grain shipments: Analyzing the impact on Navios Holdings
A weakening currency will save the euro region from repeating Japan’s so-called lost decade, according to a former Bank of Japan official who grappled with the crippling economic stagnation and price declines. “People are saying the euro-zone economy is in bad shape, that it’s suffering a Japaniz…
See the rest here:
Europe Will Dodge Japan’s Lost Decade, Ex-BOJ Official Predicts
On Wall Street we sometimes used the phrase “f– you money.” (I think we stole that term from the hip-hop community.) It’s money spent that is financially offensive to others while perpetuating and maintaining an obscene lifestyle. And while I’m not proud of it I was totally guilty of being that guy…
Excerpt from:
10 outrageous stories of Wall Street excess
On Wall Street we sometimes used the phrase “f– you money.” (I think we stole that term from the hip-hop community.) It’s money spent that is financially offensive to others while perpetuating and maintaining an obscene lifestyle. And while I’m not proud of it I was totally guilty of being that guy…
Go here to read the rest:
10 outrageous stories of Wall Street excess
U.S. prosecutors are pressing to bring charges against a bank for currency-rate rigging by the end of the year, and actions against individuals will probably follow in 2015, according to people familiar with the probe. The Justice Department may seek guilty pleas from several firms, including at …
Read the rest here:
U.S. Preparing Charges Against Banks in Currency Rate-Rigging Cases
The stock market is on a tremendous, multiyear bull market, though of course there have been a lot of dips along the way. But something seems to be different about the recent sell-off in stocks, which has pushed major indices down to levels not seen in August. Just over a week ago, Dan Greenha…
Read more here:
The Market Has Been Tanking — Here’s Why It Might Be Different This Time
U.S. crude-oil inventories rose by 5 million barrels in the week ended Oct. 3, the Energy Information Administration said Wednesday. That contrasted with expectations of an increase of 2.1 million barrels, according to analysts polled by Platts. Oil futures declined further after the data, with the…
Here is the original:
Oil futures add to losses after surprise supply increase
Yesterday’s sell off has the bulls worried. Major U.S. indexes fell about 1.5 percent. Ten of the past 12 trading sessions saw swings of 100 points or more in the Dow Jones Industrial Average. The list of worries ranges from the strengthening dollar’s harm to U.S. earnings, the end of quantitativ…
Continued here:
Signs of a Bull Market Turning Bear
Yesterday’s sell off has the bulls worried. Major U.S. indexes fell about 1.5 percent. Ten of the past 12 trading sessions saw swings of 100 points or more in the Dow Jones Industrial Average. The list of worries ranges from the strengthening dollar’s harm to U.S. earnings, the end of quantitativ…
Read the original:
Signs of a Bull Market Turning Bear
I would like to thank Lakeland College for inviting me to speak this morning. It’s always refreshing to reach directly into the communities in our District to gain valuable personal insights into what is going on in the economy and pick up information that sometimes get missed in dry reports and…
More here:
Evans: Monetary Policy Normalization: If Not Now, When?
The USDJPY fell sharply yesterday and today we are getting another Fed official (Evans) speaking dovishly with the focus on inflation concerns. Although the price in the pair is up and down today, maybe the downside move can get going. From a technical perspective, I gave the case for a breakout…
Go here to read the rest:
USDJPY Bears Stayin’ Alive
The USDJPY fell sharply yesterday and today we are getting another Fed official (Evans) speaking dovishly with the focus on inflation concerns. Although the price in the pair is up and down today, maybe the downside move can get going. From a technical perspective, I gave the case for a breakout…
Read the rest here:
USDJPY Bears Stayin’ Alive
