Tag: durable goods

Gold and Silver Outlook for April 24-28

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The first round of the French elections is over and now that it’s a head to head match between Macron and Le Pen the markets could refocus their attention on the ECB’s next move – at least until the second…

Financial Market Preview for September 21-25

Not only the FOMC opted out from raising rates – with only one dissenter for a rate hike in September – but it also tilted the markets as the members voiced their concerns over the global economy. This decision will…

Financial Market Preview for August 24-28

The ongoing concerns over China’s economic growth has dragged down the U.S. stock markets and energy prices have also declined. The minutes of the last FOMC meeting didn’t offer a lot of insight either than keeping the markets guessing on…

Financial Market Preview for July 27-31

China continues to raise voices of concern over its progress, Greece’s troubles are far from over (the talks over the debt restructuring should start this week) and Iran’s impact on the oil market is still unclear now that a nuclear…

Gold and Silver Outlook for May 25-29

The FOMC released the minutes of the last meeting. The news about the minutes was enough to pull up the U.S. dollar against leading currencies and drag along the way gold and silver. The odds of the FOMC raising rates…

Financial Market Preview for May 25-29

This week will be short on account of Memorial Day, but this doesn’t mean we could see a rise in volatility following the end of the long weekend in the U.S. financial markets. On this week’s agenda: U.S. durable goods,…

Gold and Silver Forecast for June 23-27

The prices of gold and silver resumed their upward trend at the end of last week following the FOMC meeting. The FOMC’s statement had a general dovish overtone; Chair Yellen also kept the tight lid on the Fed’s future plans…

Oil Outlook for April 21-25

Oil prices (WTI and Brent) rose again last week. WTI and Brent oil increased by 0.5% and 2%, respectively. As a result, the difference of Brent oil over WTI widened: The premium ranged between $5 and $5.23. Last week, the…