Tag: China’s manufacturing PMI

Gold and Silver Outlook for April 20-24

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

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,…

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

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:…

Gold and Silver Forecast for December 15-19

Gold and silver resumed their recovery again, while the U.S. dollar sell offs against leading currencies took place. This week, however, the highly anticipated FOMC meeting could stir up the bullion market again and perhaps even change its direction. This…

Gold and Silver Forecast for July 21-25

Silver and gold took a nosedive last week. Even the escalation in the relations between Russia and US wasn’t enough to pull up precious metals. The Chair of the FOMC Janet Yellen testified before Congress, in which she didn’t provide…

Oil Outlook for July 21-25

oil market tight loose oil price July 11

This time it wasn’t the Middle East  to pull up oil prices – but close by: The recent news regarding the firing down of the Malaysian plane above Ukraine triggered President Obama to step in and impose additional restrictions on Russia.…

Financial Market Forecast for June 23-27

Last week’s FOMC meeting concluded with more dovish tone than many had expected. This news may have contributed to the recovery of precious metals and slightly rally of the USD. This week, several key reports will be released that could…

Oil Outlook for June 23-27

The prices of crude oil continued their upward trend during last week as both WTI and Brent rose by 0.3% and 1.2%, respectively.  The gap of Brent oil over WTI slightly widened again by the end of the week; the…

Gold And Silver | Recap for May 26-30

weekly precious metals chart May 27-30 2014

The stagnation in the bullion market was erupted this week as the prices of gold and silver mainly on Tuesday. Their recent fall coincided with the ongoing recovery of U.S equities markets. Even the negative news about the U.S GDP…