by Gord Weisemann I have been involved in the commodity markets for 17 years, and I have never seen anything like the action on Thursday, May 6, 2010. When the terrorist tragedy of September 11, 2001 unfolded in the United States, I can honestly say that for the hour or two that markets remained open [...]
by Gord Wiesemann Traders seem to be growing accustomed to or weary of the Greek crisis, so until there’s another shoe hitting the floor we’re going to continue with this choppy, range-bound trading. There really isn’t any new reason to aggressively hammer the U.S. dollar, but there’s also no reason to take the euro to [...]
by Gord Wiesemann The equity markets certainly took the February U.S. employment report as a green light to buy, as the unemployment rate held steady at 9.7 percent and non-farm payrolls were a bit better than expected, falling 36,000. However, if commodity prices start getting ahead of themselves, the Federal Reserve is going to find [...]
