Just A Summer Sell-Off In EM Equities, Expect Rebound After The Storm – Capital Economics
As the Shanghai composite Index fell 8.5%, and global stock markets open Monday on a severe note, researchers at Capital Economics say that China’s effect on emerging market (EM) economies this time around does not mirror that of previous EM crises.
Gold Slightly Higher Amid Consolidation; World Market Turmoil Limiting Downside
Gold is slightly higher in early U.S. trading Monday, as some safe-haven demand surfaced when the New York futures market opened.
Read moreKeen anxiety in the market place Monday.
World traders and investors are starting the trading week Monday with even more anxiety, following the market turmoil that occurred last week. However, gold is modestly lower in early U.S. trading, on some profit taking from recent gains.
Read moreThe 6PM Recap With Gary Wagner: Reeling, Tripping, Stumbling, Falling and Looming
Well, maybe “never” is too strong a word. But conditions are going to be unsettled for some time in world markets, making for very good prospects for safe haven investors.
Gold Could Benefit As China’s Economic Weakness Impacts Fed Policy
Gold could continue to benefit next week as China’s financial crisis could have more weight on the Federal Reserve’s monetary policy decisions more than domestic economic data, according to some analysts.
Markets Sink to New Recent Low
Global equity markets plummeted toward their worst week this year while the beating in commodities continued as data out of China showed manufacturing in the country was slowing at the fastest pace since the financial crisis in 2009.
Read moreGold Optimism Growing As Main Street, Wall Street Majority See Higher Prices Next Week
(Kitco News) – A late-week rally in gold is helping drive optimism in the marketplace as a strong majority among retail investors and market professionals expect to see higher prices next week, according to the weekly Kitco News Wall Street vs Main Street Gold Survey.
Global Stock Rout Supports Rise In Gold Mining Stocks This Week
(Kitco News) – Shares of gold- and silver-mining companies that trade in North America surged sharply higher this week, with many big mining stocks posting double-digit gains. Mining shares gained support as underlying gold prices skyrocketed to a fre…
Read moreConfessions of A Gold Analyst: Debunking The Manipulation Theory
In the past, I have asked market participants what has been manipulated more, the price of gold, or market participants following gold analysts?
Read moreU.S. Flash PMI Falls To 22 Month Low At 52.9
(Kitco News) – The U.S. manufacturing sector is once again under pressure as it continues to hover just above contraction level, according to the latest flash Purchasing Managers Index data.
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