Gold was largely unmoved as the markets remained closed in the US for Martin Luther King Day holidays, but this week may prove interesting, as we will get an insight in to the health of the global economy as more and more heavyweight stocks report numbers this week. Today sees IBM and Citigroup report Q4 results, which may well impact on sentiment and the future direction of the US Dollar.
Gold & Silver
- The head of the IMF stated that China and the other developing Asian economies are recovering faster than expected, but warned that this may lead to bubbles being created.
- IBM and Citigroup report numbers today