Overnight and weekly wrap up
Saturday, 9 April 2011 11:53
Overnight in the US treasuries and stocks dropped lower as inflation expectations surged and the markets continue to believe the Fed will lag behind other central banks in raising rates. As of this writing the US government has finally reached an agreement and agreed to cuts totally almost 38 billion dollars, the largest cuts […]
Read MoreTreasuries fall for the third week in a row
Friday, 8 April 2011 10:47
For the third week in a row treasuries fall. This is due to the expectations that the FED will raise interest rates by year end to control inflation.
Read MoreGlobal markets are expecting an interest rate increase
Thursday, 7 April 2011 09:52
Global markets are expecting an interest rate increase Thursday from the European Central Bank, the question will be how much they will move and if more increases are planned in the coming months.
Read MoreGold hits highs again
Tuesday, 5 April 2011 11:05
Gold futures surged to a record of $1,452 an ounce as sovereign-debt concerns demand for the precious metal as an alternative asset.
Read MoreUK base rates expected to remain unchanged
Sunday, 3 April 2011 09:10
The Bank of England is expected to leave its base rate, to which lenders’ rates are tied, at its record low of 0.5pc on Thursday.
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