gold and oil
September and Third Quarter in Figures
October 1, 2017
The Fed, ECB, and BOJ did not change monetary policy during the third quarter, so short-term interest rates were very stable. But more hawkish talk from the Fed and ECB, a surprise Bank of Canada rate hike, and higher British inflation lifted longer-term rates in those economies during the quarter. A mixed dollar in August […] More
April in Figures
April 30, 2015
There was a huge rebound in West Texas Intermediate oil prices during April, but the level at end-month was still way below where such was trading last June. Comex gold and short-term interest rates were little changed, in contrast. The dollar posted across-the-board losses in the month. After today’s sharp losses, U.S. stocks were only […] More
