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Jump in Bond Yields no threat for Gold in the long term

Outside the US and UK - where today's no change decision from the Bank of England left interest rates near 33-year lows beneath inflation - emerging economies are also flirting with sub-zero real rates of interest, Japanese investment bank Nomura's London office notes.
copper

Bullish scenario for copper: rising demand, tightening supply

Having just touched an all-time high in price, demand for copper is expected to be very strong in the coming years, driven primarily by China’s insatiable hunger for commodities of all kinds to support its relentless program of mass urbanization.
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Euro Dämmerung

Germans are now the world's number one Gold Bar buyers. Germany's swivel-eyed gold bugs simply show more imagination than journalists, policy-makers and academic economists.
Traders work on the floor of the New York Stock Exchange in New York

Stocks edge higher, bonds plunge, as traders weigh tax cut plan

Stocks crept higher in a choppy trading session as traders likely had more time to digest the implications of the extension of George W. Bush’s tax cuts for two years, as well as a renewal of unemployment insurance for long-term jobless for thirteen months.
Traders work on the floor of the New York Stock Exchange

US stocks open higher after tax cut deal

U.S. stocks advanced in early trade on Tuesday as sentiment was buoyed by President Barack Obama's announcement of an agreement with Republicans on a plan to extend income tax cuts for all Americans.
U.S. President Barack Obama departs after making a statement on tax cuts and unemployment insurance at the White House in Washington December 6, 2010. Obama said on Monday he had reached an agreement with Republicans on how to extend expiring tax cuts and

ANALYSIS: Compromise is Republican win

Obama has compromised with the Republicans. The wealthiest Americans will see their tax break continued for at least the next two years and the millions of unfortunate Americans who are out of work will see their unemployment insurance extended for 13 months.
A snow covered gangway leads over a frozen moat to Bodiam Castle in southeast England.

UK banks on 'fairytale' holidays to lure tourists

The tourism industry in the United Kingdom seems to be in a “never give up” mood. After losing the bid to host FIFA 2018 to Russia, the country now eyes wealthy travelers by offering fairytale holidays in Britain’s castles, stately homes and theatres.
Traders work on the floor of the New York Stock Exchange

Stocks recover early losses, finish mixed

Stocks, which fell early in the session on some gloomy remarks on the economy from Federal reserve Chairman Ben Bernanke, pared much of their losses later in the day on hopes that The Republicans and Democrats in Congress can hammer out a compromise on extending the Bush tax cuts as well as unemployment benefits.
Traders work on the floor of the New York Stock Exchange

US stocks fall on Bernanke remarks for more Fed easing

S&P 500 Index slid 3.63 points, or 0.31 percent, to trade at 1,220.95 at 09:55 a.m. EST. The Dow Jones Industrial Average is down 30.08 points, or 0.26 percent, to trade at 11,352.01. The Nasdaq Composite Index fell 0.28 percent to trade at 2,584.64.
Traders work on the floor of the New York Stock Exchange

US stock futures point to lower open

Futures on the S&P 500 are down 0.30 percent to 1,219.80, futures on the Dow Jones Industrial Average are down 0.21 percent to 11,340.00 and Nasdaq100 futures are down 0.19 percent to 2,183.00.
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Gold jumps to $1,414 per oz on doubts on U.S. economy

Gold rose almost 2 percent on Friday, ending the week on $1,414 an ounce just a few dollars below the all-time record, as the dollar tumbled after disappointing jobs data cast doubt on the strength of the U.S. economic recovery.

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