Syria and tapering fears send stock markets lower
Equity markets were feeling the pain on Tuesday, as investors flocked into oil, gold and bonds amid growing concerns about a U.S. military intervention in Syria and as confusion about the Federal Reserve’s stimulus program continued to weigh.
Syria premium seen building in oil, gold
Concerns about possible U.S. military intervention in Syria set markets on edge Monday and has now moved up the list of what is worrying traders.
Economic reports are also important, especially after new home sales Friday and durable goods Monday fell short of expectations. There is S&P/Case-Shiller home price data at 9 a.m. ET Tuesday, and consumer confidence at 10 a.m.
Syria Tensions Rattle Global Markets
By Chiara Albanese, Tim Falconer , Ben Winkley
Escalating political tensions between Syria and the U.S. started to bite into markets Tuesday, with U.S. Treasury debt prices, oil prices and safe-haven currencies all climbing as expectations of military intervention in the war-torn country grew. Emerging-market currencies, which have suffered severe outflows over recent weeks amid expectations that the U.S. Federal Reserve is moving [...]
Gold Is Having A Huge Day, And It Just Went Straight Vertical
Another sign of the market volatility.
Oil Is Having A Big Day
Gold to the Fed: You are bluffing
Gold has been getting destroyed by equities for most of 2013, but now that we are approaching tapering time, the metal has turned around, writes Michael Gayed.
Treasurys gain on Syria safety bid ahead of sale
Most Asia markets decline; Philippine shares hit