Search results
Results from the WOW.Com Content Network
Flight-to-quality episodes are triggered by unusual and unexpected events. [1] These events are rare but the list is longer than a few. The Penn Central Railroad’s default in 1970, a sudden stock market crash referred to as Black Monday, the Russian debt default and collapse of Long Term Capital Management in 1998, the 9/11 attack in 2001, and the subprime mortgage crisis in 2008, were all ...
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
The 10-year Treasury yield rose three basis points to 4.298%. The US dollar jumped against the Canadian dollar and Mexican peso. Meanwhile, international stocks slid on fears of a widening trade ...
The London Metal Exchange (LME) is a futures and forwards exchange in London, United Kingdom with the world's largest market [1] in standardised forward contracts, futures contracts and options on base metals. The exchange also offers contracts on ferrous metals and precious metals. [2] The company also allows for cash trading.
Indexes edged slightly higher as traders took a breather after the huge post-election rally. The Fed will deliver its next rate decision at 2 p.m. Stock market today: Stocks edge higher after huge ...
The precious metal has been on a tear in recent months, outperforming many other asset classes by a landslide. Case in point: Forecasts project stock market gains of about 9.3% for the year.
A 10% increase in the gold price to $660 per troy ounce ($21/g) will push that margin up to $360, which represents a 20% increase in the mine's profitability, and possibly a 20% increase in the share price. Furthermore, at higher prices, more ounces of gold become economically viable to mine, enabling companies to add to their production.
The U.S. is already more than $35 trillion in debt, with roughly $28 trillion of that floated in the global bond market in the form of U.S. Treasury securities. Total debt grew by more than $7.8 ...