The bullion market recovered last week as the FOMC didn’t raise rates all awhile leaving the door open for a rate hike this year. The FOMC also revised its outlook on GDP growth rate for 2016, core inflation for 2017…
The FOMC didn’t raise rates but the odds are still high for a December rate hike. And this week the Chair of the FOMC will be in the spotlight again as she will speak; in fact, no fewer than five…
Gold and silver took another hit last week even though the changes of a rate hike in September declined. Even though the markets cut the chance of a rate hike in the upcoming meeting, the markets didn’t change the chance…
All eyes are set towards the next FOMC meeting. Even though the market has climbed down from the idea of a possible September rate hike, the market will still look for any clues for when the Fed is expected to…
The recent plunge in the markets on Friday seems to have been the result of the anxiety of traders over a possible rate hike by the Fed, which may occur as soon as this month. The upcoming reports from the…
Gold and silver didn’t do much throughout most of last week until Friday when the non-farm payroll report presented a gain of only 151K jobs – lower than expected – and even the annual growth in wages also fell short…
The recent NFP report came a short than expected in terms of headline growth in jobs and wages, and is likely to reduce the chances of a rate hike this year by the FOMC. This week the focus will come…
The U.S. non-farm payroll fell short of market expectations with 151K jobs in August: The ADP estimated a gain of 177K jobs while the market expect a gain of 180K. The growth in wages, was also lower than expected as…
Bullion prices took another beating in the past week as the markets are slowly raising the chances of rate hike this year by the Federal Reserve. But this could all change if the upcoming NFP report falls short of market…
The talks over a possible rate hike in the past week have also helped pull up the USD and bring down commodities prices. And this week’s NFP report will play a key role in moving market expectations regarding a possible…