According to estimates of the U.S. Treasury, on Oct. 17 in the treasury will be only $ 30 billion to be used up to the end of October, and if the upper limit of the debt will not be raised, there is no money for November’s payments. Stocks are getting cheaper, gold and bonds - on the contrary. Many believe that at the last minute the situation will be solved, as usual, but it may be the case when the “wolves” actually already came. The upper limit of the debt ceiling will be reached earlier than expected, announced...
All banking institutions that are part of the Eurozone, will be inspected from the new building of the European Central Bank (ECB), located in Frankfurt. As it became known, the other not less important structure in supervision of the EU banking sector, will be a special agency, which goal is to affect directly on the banks' activities. EU officials from the Internal Market office reported that the agency will be independent - it will not be under the direct control of the executive bodies of the European countries and will...
A lot of new forex traders struggle with plenty of obstacles which they need to learn and master before moving to the next phase of trading. One of the most common overlooked hurdles to their success as a forex trader is their own mindset. Countless new forex traders ignore or fail to realize that the number one thing they need to perfect is their mindset. In the end you trade your personality and you trade against yourself and nobody else. There have been plenty of misleading marketing campaigns by countless outlets which have contributed...
Forex trading can be a very profitable feat. Every year, there are more and more people making profit from the Forex markets. If you take your time and work hard at learning the skill of trading, there is a very good chance you can become one of these people and become financially independent. It is not a get rich quick market however. It actually does take time and hard work to master the skill. This is a disappointing fact to many newer traders, but if you avoid the following mistakes, you can potentially cut years off of your learning...
International investors are actively reducing investments in gold: the assets of the world's largest gold exchange fund SPDR Gold Trust fell this week to the lowest level since early 2009. Since the beginning of the year such funds decreased by 734 tons of gold. A volatility lately is such that the investment in it is not perceived as a conservative, but as risky. The outflow of client funds is observed from the majority of ETF (exchange traded funds), investment return of which is focused on gold. The assets under the management of...
