Mississauga, ON -- (SBWIRE) -- 07/11/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Nexus Signs Definitive Agreement to Acquire Mining Property, Shares Rally Over 20% On News."
Companies mentioned in this article include Nexus Gold Corp. (TSX-Venture:NXS).
Article Excerpt:
Risk assets have bounced back sharply since Friday after investors digested a stronger-than-expected U.S. jobs report for the month of June. While the strong jobs report has raised the possibility of a rate hike from the Federal Reserve, it also highlights the strengthening U.S. recovery.
As markets have turned into risk on mode, gold prices have seen a pullback. The pullback in gold also comes from around a key resistance level. Fundamentally gold still looks attractive as there is no certainty over when and at what pace the Fed would hike interest rates. However, the strong jobs report has weakened the bullish case for gold somewhat. Having said that, for miners, a slight pullback in gold prices won't weaken the bullish case.
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http://www.allpennystocks.com/aps_ca/special-reports/615/nexus-signs-definitive-agreement-to-acquire-mining-property-shares-rally-over-20-on-news.htm
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