Looks like all the oil and gas producers are down big again. Natgas is only down a little, but they've been having bad days every time it is. Not just black gold, yellow gold down too...
Spot gold was up 0.9 percent at $1,219.30 an ounce at 0923 GMT, having earlier touched a high of $1,220.40. U.S. gold futures for December delivery were up $7.50 an ounce at $1,219.90.
The metal earlier this week had plunged to its lowest since mid-2013 at $1,183.46 after upbeat U.S. jobs data boosted the dollar and stocks and buoyed expectations that the Federal Reserve will keep scaling back its ultra-loose monetary policy.
It has since rebounded as stock markets have lost traction and the dollar has retreated from highs. As Chinese markets returned from a one-week holiday on Wednesday, traders said the metal could benefit from fresh physical demand.
(Reuters) - More cases of the deadly Ebola virus will almost inevitably spread in Europe but the continent is well prepared to control the disease, the World Health Organization's (WHO) regional director said on Tuesday.
He said even small hospitals far from international travel hubs should be reviewing their protocols and screening questions now, and potentially buying protective equipment such as face masks and protective suits. This will help them avoid repeating the problems that occurred at a hospital in Dallas, where a man with Ebola was sent home only to be readmitted two days later.
tsl closed the offering of 10,333,785 American Depositary Shares 11.75/shr subject to a lo of fine print. gtat didn't help. i bot tsl 10.78, seems to be bouncing already. tsl is a reliable trade. one thing i don't understand is the recent share dilution 4 months ago, now this one.
The BBC is reporting that a Spanish nurse has contracted Ebola after treating a patient in Madrid. The patient in question, a priest who worked in West Africa, died in late September after returning to his native Spain. If he was the cause of the nurse's infection, then it would represent the first transmission of the virus outside the range of the current epidemic.
''dollar rally has only just begun, analysts at HSBC said in a note published this week, who argue the greenback should rein supreme as the world's strongest currency both this year and next.
"The current U.S. dollar rally is unlike any we have seen before...[the rally] so far has only been roughly 5 percent yet history shows a 20 percent rise would not be implausible," the analysts said.''
Shares in Alpha Pro Tech, Ltd. (NYSE: APT), a maker of protective disposable clothing and infection control products, are getting a lift Wednesday morning following news of the first confirmed case of Ebola in the United States.
The Disposable Protective Apparel segment makes gowns, coveralls, lab coats, frocks and other miscellaneous products. The Infection Control segment manufactures face masks and eye shields.
ebola has the world on edge-
As Ebola has spread through numerous countries in West Africa, it's taken a major economic toll. If the scary virus begins spreading in the U.S., the world's biggest economy could be at risk.
dan, i got a flyer, apt. they have a .1 micron mask/virus filter. i bot 3.22 today. comp is cash pos, but ebola, ebola, ebola can double shr price. maybe a case here in dc now, howard university.
gold bouncing just a bit, nugt still crashing. factors other than p.o.g. causing this. reverse split looming, and miners pending bk's. if you like gold down here, switch to GLD.
I'm sorry. The hammer is not inverted, but the implication is the same, I think.... Normally, this should be the mark of a reversal, especially after confirmation with today's trading day...
That was the single biggest drop and a really big inverted hammer. I'm glad I wasn't watching this whole week... I hope everyone's well...
you expect a student demonstration, pomp and circumstance to derail a bull usa market. not happening duy.
this is getting interesting, gold making a beeline for 1180, (1195 now) since everyone expects yellen to raise rates now unemployment is below 6%. i wait for 1140/1160 area.