Posts Tagged ‘funds’

WTI Oil Drops a Second Day

by Forex Rooton February 18, 2013 5:37 am BST
West Texas Intermediate fell for a second day, extending the biggest drop in two weeks, while Brent futures advanced. Saudi Arabia’s crude shipments slid to a 15- month low in December. New York oil slipped as much as 0.4 percent. Data from the Federal Reserve showed U.S. industrial production unexpectedly shrank in January. Saudi Arabia […]

Gold Lures Japan’s Pension Funds as Abe Targets Inflation

by Forex Rooton January 8, 2013 7:44 am BST
Japanese pension funds, the world’s second-largest pool of retirement assets after the U.S., will more than double their gold holdings in the next two years as the government seeks to target inflation to bolster economic growth, according to an adviser to the funds. Assets held by Japanese pension funds in gold-backed exchange-traded products may expand […]

XAUUSD seen rallying from worst streak in eight years

by Forex Rooton January 4, 2013 9:24 am BST
Gold traders expect prices to rebound from the longest weekly losing streak in eight years as mounting concern that U.S. lawmakers are doing too little to control the budget deficit spurs demand for a protection of wealth. Twenty analysts surveyed by Bloomberg expect prices to rise next week, five were bearish and a further two […]

US bond funds see outflows after 20-week streak -Lipper

by on November 2, 2012 1:26 am BST
Thu Nov 1, 2012 9:26pm EDT By Sam Forgione NEW YORK, Nov. 1 (Reuters) - U.S.-based bond mutual funds saw outflows of funds in the week ending Oct 31, the first time since mid-June, data from Thomson Reuters' Lipper service showed on Thursday. Taxable bond mutual funds had outflows of $895.11 million