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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (10313)11/21/2014 8:47:52 AM
From: Goose94Read Replies (1) of 202700
 
Gold Rallies On Bullish Overnight News From China, Europe

In an unexpected move overnight, China’s central bank reduced its interest rates in order to stimulate a decelerating China economy, which is the second-largest in the world. The past few months have seen China economic growth data that has generally disappointed the market place. The move by China is a bullish development for the raw commodity sector, including precious metals, and also helped to boost stock markets worldwide.
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