Global markets remain extremely nervous despite the QE4 program announced by the Fed yesterday. Silver prices fell the victim of liquidity crunch in recent days and the price craters by nearly 20% on Monday, dropping below $12 per ounce for the first time since 2009. It seems like a major investor is forced out of the market and needs to fire close his long trades. In 2008 we saw a similar pattern but then introduction of QE1 byt the Fed was a starting point for the metal.
German industrial production exceeds expectations. GERMAN INDUSTRIAL PRODUCTION YOY SA ACTUAL 1% (FORECAST -0.3%, PREVIOUS -2.02%) GERMAN INDUSTRIAL...
06:36The dollar is strengthening due to Trump's threat to impose additional 10% tariffs. The US president has stated that countries supporting...
Due to Independence Day, the US stock market remained closed today. Concerns about the future of tariff negotiations led to declines in US index...
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