{"id":6626,"date":"2012-11-06T17:00:07","date_gmt":"2012-11-06T21:00:07","guid":{"rendered":"http:\/\/www.pgm-blog.com\/?p=6626"},"modified":"2012-11-06T17:00:07","modified_gmt":"2012-11-06T21:00:07","slug":"market-update-19","status":"publish","type":"post","link":"https:\/\/www.pgmcapital.com\/nl\/market-update-19\/","title":{"rendered":"Market Update"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-6237\" title=\"market-update\" src=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2012\/10\/market-update.jpg\" alt=\"\" width=\"170\" height=\"190\" \/><\/p>\n<p>Ladies and Gentleman, its Election Day!<\/p>\n<p>Even though the results will come in tonight, it looks like the market is expecting an Obama win since the markets are having a rally and especially Gold and Silver had a good bounce and corrected the sell-off from last Friday.<\/p>\n<p>The other newsworthy highlight of this morning was that the Australian Central Bank kept its rates unchanged at 3.5%, which therefor has the highest interest rates compared to any other major currency.<\/p>\n<p>I will keep it short for today, since tonight might say a lot for the near future, but lets not forget that tomorrow we will have the European economic outlook and the US treasury auction will continue with its longer-term bonds.<\/p>\n<p>Enjoy these links:<\/p>\n<ul>\n<li><a title=\"Australia leaves rates on hold at 3.25%\" href=\"http:\/\/www.arabnews.com\/australia-leaves-rates-hold-325\" target=\"_blank\">Australia leaves rates on hold at 3.25%<\/a><\/li>\n<li><a title=\"Turkey Gets Investment Grade First Time Since \u201994 From Fitch\" href=\"http:\/\/www.bloomberg.com\/news\/2012-11-05\/turkey-raised-to-investment-grade-first-time-since-1994-by-fitch.html\" target=\"_blank\">Turkey Gets Investment Grade First Time Since \u201994 From Fitch<\/a><\/li>\n<li><a title=\"China Is Quietly Becoming Gold Superpower\" href=\"http:\/\/www.washingtonsblog.com\/2012\/11\/china-becoming-gold-superpower.html\" target=\"_blank\">China Is Quietly Becoming Gold Superpower<\/a><\/li>\n<li><a title=\"192 Million Ounces of Paper Silver Dumped on Market in 10 Minutes On NFP Release!\" href=\"http:\/\/www.silverdoctors.com\/192-million-ounces-of-paper-silver-dumped-on-market-in-10-minutes-on-nfp-release\/\" target=\"_blank\">192 Million Ounces of Paper Silver Dumped on Market in 10 Minutes On NFP Release!<\/a><\/li>\n<li><a title=\"G20 Finance Chiefs Ring Alarm Bells Over US Fiscal Cliff\" href=\"http:\/\/www.cnbc.com\/id\/49682167\" target=\"_blank\">G20 Finance Chiefs Ring Alarm Bells Over US Fiscal Cliff<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Ladies and Gentleman, its Election Day! Even though the results will come in tonight, it looks like the market is expecting an Obama win since the markets are having a rally and especially Gold and Silver had a good bounce and corrected the sell-off from last Friday. The other newsworthy highlight of this morning was<a href=\"https:\/\/www.pgmcapital.com\/nl\/market-update-19\/\">[&#8230;]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34,19,30,1],"tags":[],"class_list":["post-6626","post","type-post","status-publish","format-standard","hentry","category-daily-market-update","category-financial-news","category-michael-panneflek","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/6626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/comments?post=6626"}],"version-history":[{"count":0,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/6626\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/media?parent=6626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/categories?post=6626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/tags?post=6626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}