Gold Spikes As European Election Anxiety Spreads
We’re gonna need more “whatever it takes”…
Merkel is under election pressure in Germany as economic uncertainty soars…
and German sovereign risk has spiked to its highest since Brexit this last week…
And DAX is slipping..
- Stoxx 600 falls 0.5%, hitting session’s low, with FTSE MIB down 1.8% and DAX 1.1% lower.
- Banking sector index drops 0.9% after rising as much as 0.5% earlier in session
- Auto sector index down 1.5%, BofAML downgrades it to underweight from neutral
French election uncertainty has sent OATs to their ‘riskiest’ to Bunds since Dec 2012…
Italeave looms as election anxiety (and surging euroscepticism) has sent BTPs back over 200bps wide of Bunds…
Draghi set to testify at European Parliament at 3pm local time, critics seek clarity on stimulus end after rise in inflation.
But derisking is evident everywhere with USDJPY testing 112.00 for the 3rd time…
And safe-haven buying is clear as Gold tops $1230 for the first time since November…
Even as the USD rallies… (EUR weakness)
Source: http://silveristhenew.com/2017/02/06/gold-spikes-as-european-election-anxiety-spreads/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).