{"id":6371,"date":"2012-10-17T18:04:27","date_gmt":"2012-10-17T22:04:27","guid":{"rendered":"http:\/\/www.pgm-blog.com\/?p=6371"},"modified":"2012-10-17T18:04:27","modified_gmt":"2012-10-17T22:04:27","slug":"market-update-9","status":"publish","type":"post","link":"https:\/\/www.pgmcapital.com\/nl\/market-update-9\/","title":{"rendered":"Market Update"},"content":{"rendered":"

\"\"<\/p>\n

Still a green day, but the bull run slowed down dramatically in the equity markets. Gold and Oil closed unchanged, but the white precious metals made a big jump with Palladium\u00a0(+2.03%)<\/span> leading the pack<\/span>.<\/p>\n

Also the base metals had a good gain with Lead (+1.64%)<\/span> and Nickel (+1.59%)<\/span> leading the group.<\/p>\n

On other big news, but went nearly unnoticed by the US media, Iran has hit hyperinflation, with the inflation rate in Iran going up with more than 50%.<\/p>\n

Otherwise its been a slow day and it was mostly reviewing last nights presidential debate.<\/p>\n

It is very likely that we will see red markets tomorrow, but it depends what the Chinese GDP and industrial production figures will tell us.<\/p>\n

Enjoy the following articles:<\/p>\n