The volatility of global equities was on the rise this week, with significant sell-offs on the major stock exchanges in the U.S. (Tuesday) and China (Thursday). This coincided with a downward revision of first-quarter GDP amid an array of other disappointing economic data in the States. Funds continued to crowd into the bond markets, though […]
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Precious Metals Market Report by Bill Musgrave – American Gold Exchange Gold swung between gains and losses today as traders digested news about the Fed’s stance on interest rates. After edging up 0.2% to close near $1,192, the metal briefly surged above $1,200 in electronic trade in response to dovish language in the new policy statement before […]
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