Financial

Gold is on the move as quantitative easing sweeps the world. After calendar year 2014 brought the spot price of gold a 1.79 percent decline to $1,183.20 per ounce on …

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by Yves Smith, Naked Capitalism One of the most striking things about the testimony in the AIG bailout trial is the degree to which Fed officials play fast and loose with …

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Well the day has finally arrived that after two years of promises, jawboning and hope – the European Central Bank finally announced they will take the plunge into the Quantitative …

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Many observers are claiming the ECB’s announcement was a big bazooka. The Financial Times’ Gavyn Davies is reluctant to call it a “credible regime change” in Paul Krugman’s terms. However, he …

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As widely expected, the European Central Bank announced that it will start a Quantitative Easing (QE) programme to purchase bonds that will run until September 2016, at the earliest, and …

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OVERNIGHT MARKETS AND NEWS March E-mini S&Ps (ESH15 +0.07%) this morning are up +0.07% at a 3-week high and European stocks are up +1.97% at a 6-1/3 year high on positive …

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Today’s market action is largely a continuation of the QE relief rally, where – at least for the time being – the market bought the rumor for over 2 years …

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It is not about the data today though there has been a slew of data that in other times would have moved the market.  The flash HSBC China PMI was …

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Mario Draghi announced European Central Bank Quantitative Easing yesterday. The plan is to buy long term public bonds for 60 billion euros a month from March at least through September 2016. Draghi …

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The long-anticipated collapse of the euro is here. When European Central Bank president Mario Draghi unveiled an open-ended quantitative easing program worth at least 60 billion euros a month on …

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