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 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.
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.
Enjoy these links: