Greece austerity measures give rise to resolution so markets can move forward. The yellow metal rises $1.70uSD/oz @ 1727.00; Silver also up $0.12 @ 33.72/USD/oz. Oil, on renewed optimism of fiscal problems being cast aside, and the potential for the global economy to start turning growth rises $1.35@ $100.02USD/barrel. The Euro is slowly appreciating versus the USD$ as a potential negotiated Greek solution may be upcoming. Greece has until March 20th to make payments for the bonds issued. They are now seeking a 70% reduction of the money owed to banks and investors. Can anyone say DEFAULT, loud and proud?
Note-movements based on previous days closing market prices.
- Interest Rate Policies Reflect Differently for Each Countries Situation. Europeans Cut Interest Rates But North America Holds Firm As Inflation and Uncertainty Rise.
- Divergence in Interest Rate Policy Will Keep the USD Firm; Is Canada’s Housing Market Experiencing A Dead Cat Bounce, or is Lack of Confidence The Real Culprit
- Trade Deals Galore For America; Canada in Precarious Position, As Consumer Confidence Plummets. Save The Ostriches!
- Canadians Fleeced Again As Lies Come To Fruition & Promises Shattered. Will Economic Carnage Follow? Mother’s Day This Weekend! Fed on Docket.
- Canadian Economic Future Just Took A Left Turn, Only Time Will Expose The True Intentions of A New Canadian PM. Be Prepared To Pay and Feel Pain! Don’t Complain!
I love you Don Filippo
I think I love you!