NEWS
Gold and silver market moving news, curated from the best of GoldSilver's team and around the web. Check back often for updates, or subscribe to get the highlights in your inbox.
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Euro Zone Inflation Drops More Than Foreseen, Trade Surplus Widens
Euro zone inflation dropped to its slowest pace in nearly three years in September, more than previously estimated, the European Union statistics agency said on Wednesday.
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Europe’s Fiscal Fisticuffs
‘Like other central banks, the ECB is threatened with the end of its control over the creation of money’, the memo said. ‘These developments imply a high risk for central bank independence – de jure or de facto.’
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Germany to Tap All Fiscal Options in Case of Economic Crisis: Scholz
Leading economic institutes earlier this month called on Chancellor Angela Merkel’s government to ditch its budget policy of incurring no new debt if the growth outlook deteriorates.
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Treasury Yields Tumble After Brexit Deal Draws Skepticism
U.S. Treasury yields fall Wednesday after comments from European leaders raises uncertainty that a deal for the U.K. to leave the European Union could be...
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Lam Moves to Ease Hong Kong Housing Woes, Says City Is in Recession
Hong Kong Chief Executive Carrie Lam warned of an “unprecedented challenge” to the economy while unveiling measures to bolster growth, her latest attempt to stem months of increasingly violent protests.
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China Unexpectedly Injects $28 Billion of Cash as Growth Slows
China caught traders off-guard with a surprise injection into the financial system via loans to banks, ahead of data on Friday which is expected to show a further slowdown in the domestic economy.
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Panic Behind The Scenes: China's Capital Outflows Are Soaring
There is a simple way to keep track of what is really happening with China's fund flows behind the scenes.
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Bank of America Declares ‘the End of the 60/40’ Standard Portfolio
Bank of America strategists say there are reasons to increasingly doubt the safety of bonds.
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Refi Fever: Which Places in America Are Taking on the Most Mortgage Debt?
As the trauma from the Great Recession fades from memory, are Americans increasingly embracing one of the financial maneuvers that caused a great amount of pain a decade ago – cash-out refinancing?
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Weekly Mortgage Refinance Apps Rise, as Home Purchase Demand Falls
Mortgage interest rates rose last week, but that didn't throw any cold water on the mini refinance boom that's been going on for the past month.
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Dollar near Four Week Lows as Trade Tensions Simmer
The dollar held near a four-week low on Wednesday as trade tension between Washington and Beijing continued to weigh on the global growth outlook.
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Gold Traders’ Report - October 15, 2019
Gold falls $10 on positive Brexit developments, strong Q3 earnings...
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Silver Update: Key Technical's While Underlying Fundamentals Improve
Which means, the reason to own precious metals will only improve as the Fed and central banks lose control of the QE and zero interest rate policy. This is not an IF, but WHEN.
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Sub Zero Interest Rates Could Be Problematic in U.S.: Fed's Bullard
Central banks in the euro zone and Japan have cut interest rates below zero to boost inflation and economic growth, raising a debate about the ammunition...
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How Far Can The Stock Market Run?
Very little to the upside. Very much to the downside. Macro Valuation Metrics Lots of incoming over our S&P Shooting Star post, most of which can mostly be summed up to the effect, “Why …
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JPMorgan Chase CEO Jamie Dimon Warns ‘There’s a Recession Ahead’
JPMorgan Chase CEO Jamie Dimon warned on Tuesday that a recession is on the horizon, “Of course there’s a recession ahead,” Dimo…
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Schiller: There’s a 50% Chance Recession Will Hit in 2020
“There will be another recession,” Shiller said on FOX Business’. “I give it a 50% chance in 2020. We're on a tipping point now.”
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U.S. Inflation Expectations Slip to Record Low in Fed Survey
A gauge of inflation expectations from the Federal Reserve Bank of New York fell in September to the lowest level in data going back to 2013, the latest sign of weakness that could raise concerns among central bankers already fretting over muted price pressures.
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China Is Racing to Launch a Global Cryptocurrency
Facebook and China are both looking to develop global digital currencies that could rival each other, especially in emerging markets.
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Italy’s Debt Edges Close to All Time High: Bloomberg
Italy’s debt rose almost to the highest level on record, adding urgency to the government’s clash over the 2020 budget.
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