US money supply data hints at trouble ahead | Gold Price News
Confirmation over the weekend that the Spanish government will receive
€100 billion from eurozone rescue funds to help shore up Spain’s fragile
banking system has lifted stocks and commodities this morning. Spain’s
benchmark IBEX-35 index surged 4.5%, with strong gains seen on British,
French and German exchanges. However, though the euro bounced early in
trading it has started sinking again, though it remains above last
week’s low of $1.241.
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