The major stock exchanges in Europe, USA, and Asia generally posted gains, while the increase in gold came to an abrupt end Wednesday as investors took profits driving prices down around by 9%. Gold fell to 1.702. dollars, while Treasury bonds broke three days of low, investors value what Ben Bernanque, president of the Federal Reserve will do to support economic growth. However, there is Jede precoupación that the Fed may disappoint investors holding the commitment to step stimuli.
On the other hand, a reason why forex movements are calm, is that on Thursday, Friday and Saturday there is an event called "Jackson Hole Symposium" where governors (chairmen) of banks, finance ministers, experts gather to discuss market conditions, currency, debt crises, markets, etc.
Either way, will have to wait until next semanana, For traders and investors around the world can take any decision on the market on Monday.
