Watch as Trevor Yeung of City Index (http://www.cityindex.co.uk/) brings you the latest news from the trading floor on Monday, 22nd August 2011. Headlines include:
- U.S. stock futures swung between gains and losses as concern that the global economy is stalling outweighed the cheapest valuations since 2009.
- Also, record-low yields on U.S. Treasuries indicate traders expect Fed Chairman Ben Bernanke will soon signal that the central bank will begin a third round of asset purchases to boost the economy.
- Stocks declined around the world, extending four weeks of losses.
- Gold for immediate delivery climbed 2.3 percent to $1,893 after earlier reaching an all-time high of around $1,894.
- Cash silver jumped 2.2 percent to over $43, up for a seventh day whilst Platinum rallied as much as 1.1 percent to $1,895.
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