Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss some of the most important events that happened in the global capital markets, the world economy and the world of money in the week of July 1st 2013.: Yield Portuguese 10-year note soared above 8 percent on July 3rd 2013. Gold price stabilizing and[…]
Dear PGM Capital Blog readers, On Tuesday, July 2nd 2013, the Brazilian BOVESPA-5o, Index, tumbled 2000.64 point or 4.24% to close at a 4-year low of 45,228.95 points, after weak industrial output data darkened the outlook for Latin America’s largest economy, as can be seen from below chart. Highlights: Shares of mining firm Vale SA, (NYSE: VALE) led losses, sinking 4.3[…]
Dear PGM Capital Blog readers, Friday June 28. 2013. was the last trading day for the month of June and marked the end of the second quarter and first half of 2013. In this blog edition we we’ll review the most important events of last week, the month of June and second quarter 2013 and will provide[…]
Dear PGM Capital Blog readers, In this weekend blog edition, we want to discuss with you some of the most important events that happened in the global capital markets, the world economy and the world of money in the week of June 17th 2013.: June 16-18, 2013, FOMC Meeting-Conclusion Global Market Rout. Rising Bond yield:[…]
Dear PGM Capital Blog readers, In this weekend blog edition, we want to discuss with you some of the most important events that happened in the global capital markets, the world economy and the world of money in the week of June 10th 2013.: Japan Nikkei 225 Index fell 843.94 points or 6.35 percent on Thursday, June 13[…]
Dear PGM Capital Blog readers, In this blog article we want to discuss with you why investing in Platinum and Palladium can be so lucrative and why some analysts and investment advisors nicknamed Palladium, “The Metal of the 21st Century” Platinum and Palladium are both precious metals, which together with rhodium, ruthenium, iridium and osmium form a group of elements referred[…]
Dear PGM Capital Blog readers, In this weekend blog edition, we want to discuss with you some of the most important events that happened in the global capital markets, the world economy and the world of money in the week of June 3rd 2013. The following world currencies received a haircut this week: The Australian Dollar, fell[…]
Dear PGM Capital Blog readers, In this weekend blog edition, we want to discuss with you some of the most important events that happened in the global capital markets, the world economy and the world of money which are: The Bank of Israel cut interest rate to 1,25 percent on Monday, May 27 2013. Widespread protests against[…]
Dear PGM Capital Blog readers, On Monday May 20th 2013, Ensco PLC, (NYSE: ESV) announced that its Board of Directors has declared a regular quarterly cash dividend of US$0.50 per Class A ordinary share payable on 21 June 2013 to holders of Ensco’s shares as of the 10 June 2013 record date. The current dividend annualizes to an even US$2.00 per share,[…]
Dear PGM Capital Blog readers, Yesterday, Sunday, May 19 2013, in the first few minutes following the opening of electronic trading on the Comex division of the New York Mercantile Exchange, silver futures slumped 9.4% to a low of USD 20.250 a troy ounce. As a consequence of this the Silver trading was stopped for[…]