Gold Silver Reports – ✅ Brexit Bulletin: Weak and Stable? ❓❓ — Theresa May reshuffled her pack, keeping the delicate Brexit balance of her Cabinet broadly unchanged even as she appointed a new deputy who is an ardent pro-European. But her failure to make ministers follow orders during the revamp heralds trouble ahead for a divided government going into the most difficult part of the Brexit process.
Brexit
May’s Fragile Truce Tested as Brexit Pledges Start to Unravel
Gold Silver Reports – The fragile truce Theresa May struck with her warring cabinet and the European Union last week will be put to the test on Monday, as some of the promises made to clinch a breakthrough Brexit deal are already starting to fray.
Pound Traders Set Brexit Bets as Key Summit Comes Into Play
Gold Silver Reports — What will Brexit look like in three months’ time? Pound traders are trying to figure it out.
Wednesday marks three months until a key European leaders meeting that could shape the final divorce. That means benchmark 3-month sterling volatility will start to cover the Oct. 19-20 summit for the first time. Traders need to gauge how a German election, three months of talks and political feuds in the U.K. will change the Brexit outlook by then.
Gold Miner Says Rally Will Go On
Gold Silver Reports — Gold’s rally is set to endure, with the U.S. presidential election seen as the next big catalyst for prices, according to a producer whose shares have almost doubled this year as financial-market turmoil, slowing growth and Britain’s vote for Brexit pumped up bullion.
Discounts Fall as Gold Turns Cheaper
Gold Silver Reports — Discounts offered by domestic gold dealers on global spot benchmark prices have dropped to $30-40 per troy ounce from about $100 per troy ounce last week with prices of the precious metal falling about 4%.
U.S. Stock Futures Rose
Gold Silver Reports — U.S. stock futures rose, as early polls reinforced speculation the U.K. voted to remain in the European Union.
Brexit Vote Count: What to Watch for as the Night Unfolds
Gold Silver Reports — The U.K. is poised to decide on its future in the European Union in a referendum on Thursday. Polling stations are open from 7 a.m. to 10 p.m. local time.