Cutting Edge Market News

Gold Market Recap Report

The gold market surprised a few traders with the magnitude of its upward thrust today. Early in thetrading session, the gold market seemed to be under whelmed with the risk-on wave that was in placeto start today, but as the session progressed the risk-on vibe seemed...

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Deal on Greece Prompts Worries for BNP, Deutsche Bank

After twelve hours of back-and-forth negotiating, European leaders have agreed to help Greece avoid a default by providing it with €130 billion ($172 billion). The Greeks won’t hold onto that money for long, as it will go straight to Greece’s creditors, most of whom are based in France and Germany. ...

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BASF Antes $30M for Wood to Sugar Conversion Technology

LUDWISGHAFEN, GERMANY - BASF is investing $30 million in the U.S technology firm Renmatix Inc., which has patterned a process to cost effectively produce industrial sugar from lignocellulosic biomass including wood, cane trash and straw.

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