Business Bible News Market Minute: August 21 @ 4:00PM ET

This is a Business Bible News Market Minute for Friday August 21 at 4:01 PM Eastern Time. According to Bloomberg, the US bond buyback pledge that whipsawed markets this week is prompting comparisons with policies in Japan, where efforts to contain borrowing costs resulted in prolonged currency weakness. Global markets are up today. In overseas trading, the Nikkei is up 707 points. The Dow is up 520 points to 53,279. Oil is trading at $86 per barrel while gold is at $4,680 per ounce. Today's Daily Principle is Generosity: Philanthropy, specifically dealing with Debt. This principle is found in Nehemiah 10–31. The verse reads: 'If foreigners bring grain or anything else to sell to us on the Sabbath or on any other holy day, we will not buy from them. Every seventh year we will not farm the land, and we will cancel all debts.' Learn more at businessbible.com where Daily News meets Daily Principle.