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Physical Gold Demand Jumps as Recession Risks Rise

  • Written by Gary Howes

Gold prices

The Pure Gold Company are today reporting a 378% increase in first time investors purchasing gold bars and coins over the last seven days (compared to the weekly average for 2019), with many deeply concerned there will be a severe global recession driven by systemic geopolitical risks.

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ECB Risk Fuelling a Eurozone Housing Bubble

  • Written by Joaquin Monfort

ECB's Draghi

House prices in the Eurozone are dangerously close to forming a bubble, says German lender Commerzbank, and the situation is only likely to get worse.

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Services PMI Beat will Ease Concerns of a Slowing UK Economy

  • Written by Gary Howes

UK economy

The UK's dominant services sector expanded in May, easing concerns that then economy was at risk of going into reverse after both the construction and manufacturing sectors shrank last month.

Read more: Services PMI Beat will Ease Concerns of a Slowing UK Economy

Shock Data Shows UK Manufacturing Entered Reverse in May

  • Written by Gary Howes

Manufacturing

The UK's manufacturing sector contracted in May according to survey data which showed the total volume of new business placed fell for the first time in seven months.

Read more: Shock Data Shows UK Manufacturing Entered Reverse in May