Taking stock of what has happened. The last week has seen dramatic moves in commodities and none more so than in Gold. There is lots of speculation as to what has caused this selling of commodities but the simple matter of fact is that there were more sellers than buyers at the levels of last […]
Archives for April 2013
European Central Banks offer no new support to the economies — FIU
European Central Banks offer no new support to the economies.- they leave it to the Governments to find a solution. The BoE and ECB left interest rates unchanged and both, against some investors’ expectations, did not increase QE (BoE) or allow lower quality collateral to be used in Repo operations (ECB). In the ECB’s President’s […]