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- MarketWatch
Gold prices settle at their lowest level of the year as the dollar index climbs toward a 20-year high
Technical indicators in recent trade for both gold and silver are now "fully bearish," says Kitco.com's Jim Wyckoff.
- Reuters
GLOBAL MARKETS-Euro slides to two-decade low, equities sink as recession fears intensify
Wall Street's major stock indexes followed European stocks lower on Monday, and the euro sank to its weakest level against the dollar since late 2002, as investors sought safety after the latest data piled on to fears about a global economic slowdown. Recession fears were exacerbated by increasing natural gas prices, along with Tuesday's data showing a sharp slowdown in business growth in June and Monday's release showing a seasonally adjusted May trade deficit of 1 billion euros ($1.04 billion) in Germany versus expectations of a surplus.
- The Telegraph
Strikes threaten total cut-off of Norway’s gas supplies to UK
Britain braces for first national rail strike in 25 years Tesla loses electric car crown to Chinese rival backed by Warren Buffett FTSE 100 drops 2pc on recession worries Ben Wright: Germany’s economic foundations are collapsing Sign up here for our daily business briefing newsletter
