GOLD PRICE FORECAST:Gold prices slump on Monday amid strong U.S. dollar and fears that the Fed will follow through on its plans to hike interest rates aggressively at upcoming FOMC meetingsThe fundamental outlook...
<p>Closing changes for the main US markets:</p><ul><li>S&P 500 down 104 points to 3639 or -2.9%</li><li>Nasdaq Comp -3.8%</li><li>Russell 2000 -3.2%</li><li>DJIA -2.1%</li><li>Toronto TSX Comp -2.35%</li></ul><p>On the week:</p><ul><li>S&P 500 +1.4%</li><li>Nasdaq Comp +0.5%</li><li>Russell 2000 +1.9%</li><li>Toronto TSX Comp...
The strong remains a risk to corporate profits and asset prices as the impact on the global economies grows.
While many commentators argued the dollar would go bust due to the excessive debt...
The S&P 500 closed out a brutal month in September with a weak finish but today is looking much better despite banking rumors and general anxiety. The bond market is recovering and the...