Global economic and market update

Economy Global stocks advanced today amid fresh optimism that Greece and its eurozone creditors may reach a compromise agreement on its bailout. Greece may request an extension of its loan agreement toGday for up to six months, many news outlets reported quoting officials with knowledge of the situation. It’s still unclear what the terms of the extension will look like, […]

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Global Economic Updates

Gold climbed above $1,300 an ounce today for the first time since August as worries over the global economy and hopes of stimulus measures from the ECB fueled safe-haven bids. After shunning gold for two years, investors are returning to the precious metal, boosting prices 4.7% just last week. The IMF and World Bank’s weak global growth outlooks and SNB’s abrupt […]

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