News Headline Summary
US MID SESSION UPDATE 20/02/13
Markets are quiet ahead of the FOMC minutes due at 1900GMT/1300CST with US equities trading in negative territory as market participants look to book some profits after the DJIA closed above the psychological 14000 level yesterday.
Commodity prices made an aggressive move lower earlier in the session with spot gold moving through USD 1600 to the downside and WTI crude futures moving below USD 96.00 which was a catalyst for the leg lower in other commodities in the energy complex. Precious metals have also come under selling pressure which was attributed to unconfirmed talk a large commodity fund is liquidating its positions. For further information please refer to the headline on the website at 1615GMT.
18:29, 20 Feb 2013 -
18:41, 20 Feb 2013
Market talk on the liquidation that it may be Vermillion Asset Management USD 561mln in forced liquidated positions, between gold, crude and cattle markets - Unconfirmed
16:28, 13 Feb 2013
Heading into the European cash equity close, US stock futures continue to retreat from 6 year highs, after the S&P 500 printed 1524.69 - the highest level since November 2007...
18:42, 12 Feb 2013
US MID SESSION UPDATE 12/02/13
09:03, 31 Jan 2013
Energy complex continues to come under selling pressure, as market participants digest comments from S&P overnight, where analysts said that China has the highest risk of an economic correction because of low investment productivity over recent years...
18:17, 30 Jan 2013
US MID SESSION UPDATE 30/01/13
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