The traders at the Wall Street have been expecting miracles. They believed that the economy will definitely improve from the mergers and acquisitions. The authorities have been claiming that the economy is recovering from the damages caused by the recession and inflation.

The Dow Jones, S&P 500 and Nasdaq increases by 0.2 to 0.4% on Wednesday. The European shares of FTSEurofirst 300 decreased by 0.3 % and closed at 1,141.05 points. The French utilities EDF declined by 3.7% and the GDF Suez decreased by 1%.

The Gold and silver prices have increased. The silver rates crossed the highest price recorded in the last 31 years. The euro rose to a 14-month high when compared to the dollar.

The President of the United States of America, Barack Obama has not been able sort the deadlock between his Democrats and Republicans about the budget. They have also confirmed that if the issue is not resolved there will be a partial shutdown of the Government in the United States of America.

There has been a debate about the $600 billion bond-buying plan of the central bank.

The government has assured that the problems between the Democrats and Republicans will be resolved soon. They have also assured that the recovery of the economy will remain constant.