Monday, July 20, 2015

Global Economic Outlook: Gold Crashes

Last week turned out to be a mixed bag of economic developments culminating in the release of "strong" US Housing and Inflation figures late on Friday. The notional "improvement" in the US economy has raised expectations that the Fed may raise interest rates during the course of the year. This morning, precious metals markets dropped in unison with Gold plumeting over $40 at the open. Greece's banks open their doors today and Chinese officials rejoice in their regulatory ability to control the stock market. This post is powered by the Bitcoin Trading Network xbt.social - CCN29 and get 29USD off! […]

The post Global Economic Outlook: Gold Crashes appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

No comments:

Post a Comment