For this year, a total of 100 banks in the United States have already been in control of regulators. The latest banks to have been included in this list are the seven ones last Friday. Coincidentally, seven banks from Europe have also failed health check. Compared to last year, many analysts are predicting that the [...]

The price of gold reduced to $1,225 per ounce last Thursday in Europe. This is largely due to the rise of Euro against the dollar, implying that many consider that it’s highly risky to have a strong appetite for assets at the expense of bullion. The State Administration of Foreign Exchange, or SAFE, located in [...]