The latest NFP report fell short – really short this time! – of market expectations with only 38K jobs added in May. And even though wages still grew at a pace of 2.5% per annum, the headline figure was really…
Financial Market Preview for June 6-10
Tag: China’s CPI
Financial Market Preview for May 9-13
The recent NFP report didn’t present, yet again, a clear picture as to where the U.S. labor market is heading: Wages went up but job growth didn’t meet market estimates. This week, the JOLTS report will provide another look at…
Gold and Silver Outlook for March 7-11
Gold and silver started off March with a bang: Their rally came even though the U.S. dollar didn’t do much against the Euro or the Yen, and the long term interest rates starts to rise again. Even the recent NFP…
Financial Market Preview for March 7-11
The latest NFP came again with a mixed bag: Higher than expected growth in jobs – 242K vs. expected 195K – but lower wage growth – only annual rate of 2.2%. In the end, the USD and equities slightly rallied…
Gold and Silver Outlook for December 7-11
Precious metals prices bounced back as the U.S. dollar devaluated against the Euro – mainly after ECB’s Draghi didn’t meet market estimates and only reduced the deposit rate to -0.3% without introducing an expansion of QE. And then the NFP…
Financial Market Preview for December 7-11
The NFP report didn’t cause too many waves as it was only slightly higher than anticipated and came after the ECB’s rate cut, which didn’t meet market estimates, and Yellen’s testimony that reaffirmed market expectations for a December hike. So…
Financial Market Preview for November 9-13
The NFP report was better than expected with a gain of 271K jobs and growth in wages of 2.5%. This report rekindled the belief of a possible rate hike by the Fed in December. On this week’s agenda: U.S. JOLTS,…
Gold and Silver Outlook for October 12-16
The gold and silver market, continued their rally from the previous week – following the weaker than expected NFP report. This time, the minutes of the FOMC didn’t offer any big headlines and updates about the Fed’s decision or the…
Financial Market Preview for October 12-16
The minutes of the FOMC didn’t offer much news and left the market guessing as to the timing of the Fed’s rate hike. On this week’s agenda we have the U.S. JOLTS, BOJ’s minutes of last meeting, EU CPI, U.S.…
Financial Market Preview for September 7-11
The recent non-farm payroll – showing a gain of only 173K jobs in August — wasn’t too impressive at first glance, but a closer look shows the report wasn’t too bad — with upward revisions of previous months, modest gain…