Tag: BOE Rate Decision

Gold and Silver Outlook for August 1-5

The bullion market kept recovering as the FOMC and BOJ didn’t change their policies. And the disappointing GDP report for the U.S. – only 1.2% growth vs. 2.6% exp. – was enough to drive further up gold and silver prices.…

Financial Market Outlook for August 1-5

The Fed and the BOJ didn’t deliver last week as they neither move nor even hint of any prospects of a substantial change to their respective monetary policies. But now all eyes will shift back to the UK as the…

Gold and Silver Outlook for July 11-15

Even though the recent NFP report presented much better than expected gains in jobs – 287K compared to 175K outlook – the bullion market didn’t react much and if anything silver kept rising on Friday. It seems that the ongoing…

Financial Market Outlook for July 11-15

The Brexit may have subsided a bit in the past week and the recent NFP report helped drive up equities, but the conversation is likely to change back to Brexit as the BOE convenes this week to decide any changes…

Gold and Silver Forecast for October 6-10

The latest positive news from the U.S labor market – the NF payroll showed 248K jobs added during September and August numbers were revised up to 180K – was enough to drag down the prices of gold and silver to…

Financial Market Forecast for October 6-10

Following the better than expected NF payroll report, in  which the USD rallied, while precious metals took a nose dive, this week the U.S JOLTS report will complete the NF payroll report; this report may offer another data point about…

Financial Market Forecast for July 7-11

The financial markets cooled down last week as oil prices declined and natural gas and precious metals remained nearly unchanged. This week, several economic reports will be released including minutes of the recent FOMC meeting, JOLTS, and jobless claims. In…

Gold and Silver Forecast for May 19-23

Gold and silver slightly rose last week but on a monthly scale they are still nearly flat lined.  Even the forex market also showed signs of unclear trend and the U.S rallied against the Euro but fell against the yen…

Financial Market Forecast for March 17-21

Leading energy commodities dropped, while precious metals rallied during the past week. The US dollar depreciated against leading currencies such as Euro and Japanese yen during last week. This week several reports, speeches and events will come to fruition including:…

Weekly Outlook of Financial Markets for August 12-16

The commodities markets are starting to pull up: Last week leading commodities including gold and silver rallied. Further, leading currencies including Aussie dollar and Japanese yen also appreciated against the US dollar during last week. Will the US dollar continue…