China’s final GDP results came in better the expected at 7.3% q/y last week and USB is looking for China to continue at a pace of 6.8% for 2015. UBS went on to say it expects further China policy measures will help the county’s sluggish economy.
The spot price of crude oil pushed higher in the news of Saudia Arabia King Abdullah’s passing. The bulls are speculating on a shift in Saudia Arabia’s policy of letting crude prices to fall.
As we enter the final two days for 2014 trading we find the price of gold gaining some strength as it continues its tough-a-war between safe haven and U.S. dollar.
CNBC’s Dominic Chu reports on stocks that lost and capitalized on big market swings as the Dow heads towards 18,000.
On Fast Money last night Dennis Gartman, editor of the Gartman Letter explained his view on Russian Oil and Puttin.
Despite recent equity outflows, emerging markets remain poised to outperform as the Fed reveals clearer signs of its policy.