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Federal Reserve Must Implement QE3, Says NIA (FULL TEXT)

Bernanke testifies on Capitol Hill in Washington
Gold is the world's most stable asset and the best gauge of inflation. The National Inflation Association (NIA) says this brand new breakout in the price of gold leads us to believe that the Federal Reserve is getting ready to unleash QE3 at the end of June.
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Oil at 30-month peak on Middle East, weak dollar

Oil prices hit fresh peaks on Wednesday, rising to highest since August 2008, buoyed by unrest in the Middle East and North Africa and dollar weakness ahead of an expected European Central Bank interest rate increase.

Column: Japan, supply chains and Adam Smith

Should the spreading economic aftermath of the earthquake in Japan cause us to unravel global supply chains that seem suddenly all too vulnerable to shortages and shutdowns? Adam Smith would say No. The philosophical founding father of globalization would urge us, not to undo our worldwide lines of supply for component parts and raw materials, but to improve them.
Traders work on the floor of the New York Stock Exchange

Global Market Overview 04/06/2011

U.S. stocks ended mixed on Tuesday as weaker-than-expected ISM Services PMI report and hawkish Fed meeting minutes weighed on the sentiment.
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Brent jumps to 2-1/2-year peak, U.S. oil slips

Brent crude jumped to a 2-1/2 year peak above $122 a barrel on Tuesday, gaining for a fourth day as conflict and unrest in Africa and the Middle East more than offset China's latest interest rate hike.

Five Reasons Why Apple Should Delay iPhone 5 Launch

Barclays Capital said it has received many questions over the past week around thoughts on the potential timing of Apple Inc.'s iPhone 5. In summary, Reitzes believes it may make sense for Apple to launch this version of the iPhone a little later than usual for five reasons.
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Oil at fresh 2-1/2 year high on unrest

Oil prices rose to fresh 2-1/2 year highs on Tuesday, with Brent crude topping $122 a barrel as unrest in oil exporting countries in the Middle East and Africa outweighed China's fourth interest rate hike since October.
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China ups rates 4th time since October

China's central bank increased interest rates on Tuesday for the fourth time since October, raising suspicions that data next week may show inflation rose more than expected in March.
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Oil holds near 2-1/2 year high on unrest

Oil prices held near 2-1/2 year highs on Tuesday, with Brent crude topping $121 a barrel as unrest in oil exporting countries in the Middle East and Africa outweighed China's fourth interest rate hike since October.
Traders work on the floor of the New York Stock Exchange

US stocks slightly lower in early trade

U.S. stocks slightly declined in early trade on Tuesday as investors await the release of the minutes of the latest Federal Reserve Open Market Committee (FOMC) meeting.
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China rate hike, Apple weigh on futures

U.S. stock index futures fell on Tuesday after China, a main source of global growth, raised its interest rates, while Apple shares fell after the stock's weight in a widely followed index was cut.
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World Market Overview 04/05/2011

U.S. blue-chip stocks eked out small gains Monday in the lightest trading volume all year, but other major indexes finished flat as the technology sector sagged.
Traders work on the floor of the New York Stock Exchange

World Market Update 04/05/2011

U.S. stocks ended mixed on Monday as gains from materials and health care sector shares were offset by declines from technology and financials.
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Brazil's Vale names new CEO under government pressure

Brazilian mining giant Vale named a new chief executive under withering government pressure, a move that may spark fears of state meddling in Brazil's private sector but is not expected to dent investor confidence in the firm.

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