CBI industrial trends index
Markets Glad All Over
November 22, 2016
Commodities continued to rally strongly overnight. West Texas Intermediate crude oil leaped another 3.9% to $47.49 and is up 9.3% in the past five business sessions. Precious metals and industrial metals are broadly higher. Gold rose 0.6% to $1,217.10 per ounce. Silver and copper climbed even more steeply. Equities advanced in the Pacific Rim by […] More
Central Banks Setting the Market Tone
September 22, 2016
Yesterday’s eagerly awaited Federal Reserve and Bank of Japan meetings have been followed today by monetary policy decisions in New Zealand, Norway, The Philippines, Indonesia and Turkey with South Africa and public comments from ECB President Draghi still to come. Overall, the tone from central banks has been dovish, creating incentives for funds to gravitate […] More