The Week in Review: September 4, 2015 - Gainesville Coins News
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The Week in Review: September 4, 2015

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The Week in Review: September 4, 2015

Here's a rundown of what everyone was paying attention to on the markets this week:

  • The pound sterling (£) extends its downward slide, losing about 3.5% of its value against the dollar in the space of 2 weeks.
  • Like its American counterparts, the benchmark German DAX stock index has seen the "Death Cross" formation that signals a long-term bear market.
  • China's army is getting leaner and more efficient thanks to sweeping reforms to the People's Liberation Army and the Chinese military at large.
  • Wages surprisingly rise in Japan during July, advancing at their fastest pace in a decade.
  • Vice President Joe Biden is still mulling over the benefits and drawbacks of launching a presidential run for the Democratic nomination.
  • Crude oil prices surged back this week, but still remain weak, with Brent crude right at $50 per barrel on Friday afternoon.

Remember, U.S. markets will be closed on Monday for the Labor Day holiday. Enjoy the long weekend!

About the Author

Everett Millman

Everett Millman

Analyst, Commodities and Finance
Managing Editor

Everett has been the head content writer and market analyst at Gainesville Coins since 2013. He has a background in History and is deeply interested in how gold and silver have historically fit into the financial system.

In addition to blogging, Everett's work has been featured in CoinWeek, Advisor Perspectives, Wealth Management, Activist Post, and has been referenced by the Washington Post.

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