Posts Tagged ‘metals’
Gold rush points to further economic weakness?
The Dow closed 1.5% down on Friday following a turbulent week with varying signals on the direction and effects of the Eurozone crisis packages. The week ended with more or less everything down apart from Gold that strengthened. The fact that Greece is not the only country in serious trouble started to sift through the [...]
Dow and global markets waking up again
The signs of real financial recovery are finally building up. They are still signs, but notheless, positive. Nikkei-225 is pointing up as does the Hang-Seng. On the American side, the US unemployment figures came in somwhat better than expected, at 9.4%. Another interesting bit is Toyota, who in the midst of US car industry havoc, [...]
Oil and metal retreat a sign of what is to come?
Stock markets inkluding the dow are slumping on concerns that the slow, and on many markets non-existant, recovery of global economy are a sign of looming trouble and further decline. Oil is taking a beating as demand falls further and the metal industries are also showing weak trends. Metals, mining and the manufacturors of related [...]
