Weekly Forecast

Financial Market Preview for April 27-May 1

3d blue background with stock diagram

The U.S. dollar resumed its descent while precious metals kept coming down. But this could all change if the FOMC were to surprise the market in its forthcoming statement. On this week’s agenda in the U.S: FOMC meeting, GDP for…

Gold and Silver Outlook for April 20-24

Gold bars on dollars

The bullion market cooled down in the past several days as both gold and silver slightly declined last week. ECB’s rate decision didn’t provide any major headlines, albeit the Euro resumed its rally. The ongoing fall in LT treasuries yields…

Financial Market Preview for April 20-24

3d blue background with stock diagram

The U.S. dollar took another tumble against leading currencies such as Euro, Japanese yen and Aussie dollar. On this week’s agenda in the U.S: Durable goods, existing home sales, and jobless claims. In Europe: Euro group meetings, BOE rate decision,…

Financial Market Preview for April 13 -17

Financial crisis bomb

The U.S. dollar resumed its upward trend and picked up against the Euro and Japanese yen. The aftermath of the NFP report and the minutes of the last FOMC meeting provided enough volatility for the markets. Also, the tensions in…

Gold and Silver Outlook for April 6-10

Gold bars on dollars

The recent NFP report came short of market expectations with only 126K jobs added in the past month. This report is likely to rekindle the hopes of a “later rather than sooner” rate hike by the FOMC – perhaps by…

Financial Market Preview for April 6-10

Big Bull

Even though last week was short, the NFP report came out on Friday and surprised analysts – only 126K jobs were added, which was well below market estimates. This news is likely to resonate in the markets on Monday and…

Gold and Silver Outlook for March 30- April 3

golden bar

Even though the oil market has experienced high volatility, this hasn’t translated to sharp movement in precious metals prices. The U.S. GDP report came slightly short and Yellen’s testimony didn’t offer any big headlines, which left the bullion market to…

Financial Market Preview for March 30- April 3

dollar graph

The financial markets shifted focus from Yellen to Yemen, which kept the high volatility mainly over the rising tensions in the Middle East. This week, the main report will to be released is the NF payroll. Other U.S. reports include:…

Financial Market Preview for March 23-27

Big Bull

The FOMC’s latest meeting provided additional volatility to the financial markets as the tone was slightly more dovish than expected. The aftermath of this meeting is likely to further linger in the financial markets in the coming days. On this…

Gold and Silver Outlook for March 16-20

Gold bars on dollars

Silver and gold followed major currencies such as the Euro and Japanese yen and declined again as the USD continued to pick up. This week’s FOMC meeting could bring gold and silver to a new year low if the FOMC…