Gold prices rose significantly during today's trading, following a slower-than-expected rise in inflation figures in the United States.
Equity markets in Europe started off on a positive note this morning as the feelgood factor from yesterday’s European Central Bank meeting was still doing the rounds.
European equity markets are in the red this afternoon as there are some mild concerns the European Central Bank (ECB) might look to taper its bond buying scheme sooner than previously thought.
It has been a relatively subdued day in the markets even though we saw some interesting economic announcements.
Stock markets in Europe are showing solid gains today as traders are less fearful of the Federal Reserve tapering its bond buying scheme in light of last week’s disappointing non-farm payrolls report.
The US dollar has dropped to a new four week low as the US non-farm payrolls report greatly missed exceptions.
Stock markets in Europe and the US are largely higher thanks to the well-received manufacturing reports from the eurozone and the US.
Equity markets are in the red as it seems that dealers are squaring up their books on the final day of the month.
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