Tag: Brexit aftermath

Gold and Silver Outlook for July 18-22

Now that the U.S. economy is showing signs of recovery including the better than expected NFP report and retail sales, the market is slowly adjusting again to a possible rate hike this year. And higher rates also mean a slower…

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…

Gold and Silver Outlook for July 4-8

golden bar

Gold and silver gained momentum last week as Britain voted to leave the EU. And even though equities have recovered, the high uncertainty in the markets is likely to preserve the risk-off market sentiment, which only benefits bullion prices. Besides…

Gold and Silver Outlook for June 27- July 1

The British referendum ended with a surprise result as around 52% of the voters decided to leave the EU. This decision shook up the financial markets with the British pound falling by 8% against the U.S. dollar and the Euro…

Financial Market Outlook for June 27-July 1

The Brexit vote is still expected to have consequences – mostly negative – on the financial markets as investors and traders shift to risk-off assets. Now the question will remain how this Brexit impact markets in the coming weeks and…