Posts Tagged ‘election’
Currency Articles - July 7, 2024 13:40
Pound Holds Strong as Labour Wins with a Landslide
The British Pound Sterling is still on the rise on Friday, continuing the trend for the day when the Labour Party won the national election of the UK. The party got 410 seats in parliament and won the election. The concession of defeat by PM Rishi Sunak suggested that the governmental powers have shifted. Regarding […]
Interest Rates Abound as Election Time Looms
As we move ever closer to the US election, what more could you ask for than a week packed with highly anticipated economic data? Expect Gold and stock indices to be volatile as we move into the second half of the week. Here’s a quick rundown of what’s about to land. Already, as of Tuesday […]
Right on Schedule, Gold Busts Back Through $1700
You know, it’s getting a little silly to be honest. I really wanted to believe that the Gold and commodity markets were not being manipulated down before the U.S. presidential election but after today’s action in the markets it is hard to not believe it. After grinding inch by inch higher for near 48 hours […]
NFP Beat Stuffs Gold But Ends Higher on the Week
The final Non-Farm-Payroll report from the U.S. Bureau of Labor Statistics led with a headline drop of 0.3% in the U-3 Unemployment Rate in September, allowing President Obama the opportunity to crow about how many McJobs he created in his 4 year term and that’s why we should give him another 4 years to finish […]
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