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Adam Sarhan Reuters Quote: Commodities Big slump as demand worry replaces Fed euphoria
By Barani Krishnan NEW YORK | Mon Sep 17, 2012 5:12pm EDT (Reuters) – Commodity markets tumbled on Monday, as investors worried about the demand outlook for oil, metals and grains after weeks of rising prices built on optimism over economic stimulus in the United States and Europe. With technical charts showing many commodity markets in or…
Adam Sarhan Reuters Quote: Gold rises above $1,300 for first time since November
Thus Feb 13, 2014 4:06pm EST * U.S. retail sales fall, initial jobless claims rise * Hopes of cenbanks to slow stimulus tapering boost gold * Bullish double bottom pattern could send gold rallying * Coming up: US import, export prices, industrial output Fri (Adds comment, updates market activities) By Frank Tang and Clara Denina NEW…
Benzinga Quote: 3 Experts Weigh In Before Retail Sales Report
The U.S. Census Bureau will release its inflation-adjusted retail sales figures for the month of May tomorrow at 8:30 a.m. ET. Forecasts expect a 1.1 percent increase month-over-month. In April, retail sales were flat. Retail sales are considered the foremost indicator of consumer spending, which still constitute about 70 percent of the American economy. Benzinga…
Sarhan in CNBC: US stocks open mostly higher with earnings, oil in focus
Wednesday, April 20, 2016 9:35am U.S. stocks opened mostly higher Wednesday amid more earnings reports, as investors eyed oil prices ahead of crude inventory data due later in the morning. “We seem to have a fine balance between the tug of war that is crude prices and earnings that are better than worst case scenario,”…
Sarhan Reuters Quote: COMMODITIES-Up on bets for 'friendlier' Fed after jobs report
By Barani Krishnan NEW YORK, Feb 7 (Reuters) – U.S. crude oil rallied above $100 a barrel on Friday and gold and copper prices rose too after a weak U.S. jobs report for January led to expectations the Federal Reserve might slow down its stimulus cutback and rate hike plans. Corn…
Adam Sarhan IBTimes Quote: Bank of America Corp Q2 Earnings Preview:
Bank of America Corp Q2 Earnings Preview: Small Gains Predicted In Line With Housing market Recovery, But Rising Rates Could Weigh By Christopher Harress on July 15 2013 2:11 PM Bank of America Corp. (NYSE: BAC) is expected to report a 4 percent increase in second-quarter profits as the slow recovery of the housing market continues to…