Charles Hugh Smith's picture

A stronger dollar encourage foreign capital to flow into the U.S., as it makes more sense to shift money into appreciating dollars (that are gaining purchasing power) than leave it in currencies that are depreciating (losing purchasing power compared to the dollar).

Michael Shedlock's picture

Panic is in the air in some places over the deadly ebola virus. Is the panic justified? Is there any cure? How deadly is ebola compared to other viruses? How many have died so far? What can be done to stop the spread?

Sheraz Mian's picture

Thursday’s indiscriminate sell-off was followed by markets in Asia and Europe, with the dour mood coming full circle into today’s session as well. Hard to tell whether this pullback has the potential to morph into the long-feared correction...

Robert Rapier's picture

If there’s one thing billionaire venture capitalist Vinod Khosla has learned over the past decade, it’s that the oil companies aren’t as stupid as he thought. In 2004, Khosla was telling anyone who would listen to him that the only things standing in the way of...

Tom McClellan's picture

Last week I pointed out how the Commitment of Traders (COT) Report data for currencies were pointing to a big topping condition for the dollar. That top appears to have arrived, and if the dollar heads downward then that should provide a boost to prices for all sorts of commodities.

Cris Sheridan's picture

Well, that was quick. One day stocks are seeing their best day all year only to get completely wiped out the next. Say hello to stock market volatility, which has clearly picked up from its lows reached this summer.

Ryan Puplava CMT's picture

It has been a wrenching month to hold energy stocks with the dollar rising steadily in August and in September, pushing commodity prices down. Gold has fallen from $1320 to as far as $1183. West Texas Intermediate has fallen from $100 a barrel to $86.50 at the time of this report.

Stratfor's picture

Russian President Vladimir Putin celebrated his 62nd birthday Tuesday in a peculiar fashion: by himself in the Siberian forests. For the past few days, Putin's spokesman, Dmitri Peskov, has brushed off journalists' questions...

Cris Sheridan's picture

Bad news was good news on Wednesday as minutes from last month’s Fed meeting gave traders reason to expect a slower liftoff on rate hikes in light of global growth concerns and a strengthening dollar.

Adrian Ash's picture

Gold bids pushed prices up to 1-week highs at $1220 per ounce on Wednesday, rising in London trade after China's financial markets re-opened to find bullion unchanged in Yuan terms from before the Golden Week began.

Quantcast