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