Flight to safety

Market News

Gold Investing News reports financial markets were under pressure due to collapse of Lehman Brothers and AIG. Central banks have infused US$200 billion in order to alleviate some of the volatility. Leading the way, the European Central Bank injected US$99.8 billion, with the U.S. Federal Reserve adding US$50 billion, followed by the Bank of England …

Gold Investing News reports financial markets were under pressure due to collapse of Lehman Brothers and AIG.

Central banks have infused US$200 billion in order to alleviate some of the volatility. Leading the way, the European Central Bank injected US$99.8 billion, with the U.S. Federal Reserve adding US$50 billion, followed by the Bank of England and the Bank of Japan inserting US$36 billion and US $24 billion, respectively.

For complete story, click this link. Follow developments in resource mining and exploration for free. Sign on to the Resource Investing Newsletter.

The Conversation (0)
×