Monday, 18 July 2011

Markets Dip As Debt Crisis Continues

The FTSE and the Dax have fallen 1.08% and 1.09%, respectively, and Cac 40 has fallen 1.39% as the markets react to Bank Stress Test results released by the European Banking Authority and more worries of the debt crisis. Gold has hit $1,600 as investors seek stability in the commodity over currencies and equities.

Eyes are now looking to policy makers in the US and Europe for debt deals to be made to boost confidence.



Regards,
Sam

7 comments:

  1. wow such a high gold price

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  2. gold is a great investment

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  3. Market just keeps getting worse and worse

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  4. are we going towards ww3 boss? I'll be following

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  5. Hey, Ben!

    I like your blog!
    Actually, I like blogs like this one.
    Finances and banking is of great interest to me and blogs like this help me understand those fields better. :)

    Following and supporting! :)

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  6. gold is pretty great for investment

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  7. worldwide crisis :( thanks for the update!

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