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Aboutme.SubinFinance Aboutme.Finance Gold is very optimistic this week and a strong rally took it above US$ 1140/Troy Ounce due to pessimism in the United States market.  The gain is above 5% and market has hit a six-week long run. This rally seems to be quite close that Gold will be reaching the US$1200/Troy ounce and will be stabilizing there. Then in September, Federal Reserve will be increasing the interest rate to about 0.25% and will change the course of Gold and other metals. So please take the profit and don’t stay there. One day it will destroy your valuable investment. Housing sector is improving, Wages are increasing, Inflation is slightly down and demand too is moving ahead gives more chances of United States increasing the interest rate. Apart from that, world economy is moving to decrease the interest rate and United States stands firm to increase it. This will help United States as people are interested to invest in this country and this investment is

Jobless Claims High In United States The claims for new jobs are creeping up in United States last week and solid market momentum is taking place in labor market as Federal Reserve is on the path of increasing the interest rate. Unemployment forms submitted increased to about 4000 which is adjusted to 277,000 for the week ending August 15 th , said the Labor Department (USA). Revised data shows that 1000 fewer application were received and last week it’s claiming to see a lesser claims about 272,000. Due to this United States Dollar dipped against the basket of currencies. Gold remain bullish till September, but don’t remain investing and pull-out when you gain profit. Stock Index futures of United States dipped after the release of data. Federal Reserve is getting very good signal from the labor market, but can improve faster, but inflation is low and global economy is weak for increasing interest rate. This labor data shown for the last week shows that labor c

Google Apps For Work/Business Enhancement link: https://goo.gl/2Mdc3E Redemption Coupon For Google Apps [India Only]:   CMJ9QPUANVN6YF 3VMYVE6LMW4L3G  Aboutme.finance Aboutme.Subinfinance GREECE NEWS : "REFORM WILL KILL GREECE" - SAYS EX-FINANCE MINISTER Athex, Athens stock index has broken down by 16.23% as trade started after a gap of five weeks. The main lenders like Banks like National Bank, EuroBank, Piraeus Bank and Alpha Bank fell more than 30%. Here in Athens Stock Index, a Fifth of the index is Bank Shares only.  The stocks had fallen more than 22% and slightly recovered to the current position now. As per the rule set forward by the European Central Bank, local investors are not allowed to buy shares now. The money which they have will be kept at home or in safe deposit houses. The Manufacturing Index as we know will not be showing a good sign as it fell more than 30% since 1999 and shows negative growth now.  NEGATIVE G

"Greece Debt" is still hanging over Europe from before and stern United States Market had send confusing signal to the market. Markets are just considered themselves above the 3 months high, but still market is simmering to move forward. Asia-Pacific Shares are just above 0.2% and Nikkei of Japanese is just bulging ahead, not so fast, even though Yen is getting thrashed from United States Dollar.   China seems to be on revival, but still the part of Government is still pending. The market responded to 0.8% Growth after a long time since 2008, with Real Estate firmer in demand. Wall Street too is on a bouncing mode with 0.22% growth, S &P 500 up by 0.17% and Nasdaq up by 0.11% growth. United States Retail Sales are on the high with moving upward, sentiments too are showing signs of upward movement and expectation are bit high this year. This will make United States Dollar appreciate further, which President Barack Obama will not like it. So, Sentiments are