Oil prices are falling and OPEC is worried. What’s the story? We reveal some interesting details. And with the fall of oil, why is the Canadian dollar so strong? We discuss crude and CAD before previewing the last week of June.…
The Fed gone all hawkish and brushed off the latest weak inflation data in its decision in the previous week. Despite the rhetoric, the markets haven’t budged and still estimate less than 50% chance of another hike by the end…
The Fed not only raised rated but put on very rosy glasses. We poke holes into the “off one” factors before moving on to discuss the mess in the UK and the torn pound. You are welcome to listen, subscribe,…
The recent FOMC meeting concluded, as expected, with another rate hike of 25 basis points; the rate was pushed up to the 1%-1.25% range. This decision came on the heels of the latest CPI report, in which both core and…
Gold and silver have taken a pause from their rally of the past several weeks. But this pause could end this week as the FOMC plans to raise rates. Although the market is already pricing in the next rate hike,…
Precious metals prices have continued to slow recovery especially following the latest NFP report, which showed a gain of only 138K jobs and another month of only 2.5% wage growth. This report, however, didn’t change the market expectations about the…