Tag: ECB rate decision

Gold and Silver Report for June 5-9

Precious metals prices have continued to slow recovery especially following the latest NFP report, which showed a gain of only 138K jobs and another month of only 2.5% wage growth. This report, however, didn’t change the market expectations about the…

Gold and Silver Outlook for March 6-10

Fed officials were able to influence markets that a rate hike in March is a very likely option. This shift has not only raised long term interest rates but also bullion price. This week the markets will look for additional…

Gold and Silver Outlook for December 5-9

Despite the relatively good NFP report – at least in terms of unemployment and jobs growth – gold and silver bounced back on Friday after mostly falling throughout last week. Moving forward, the focus in the markets will shift to…

Gold and Silver Outlook for October 17-21

Precious metals didn’t perform well again last week as the markets are coming around to consider the Fed raising rates in December. The stronger dollar has also pressured down gold and silver. And the Brexit talks — including the concerns…

Financial Market Outlook for October 17-21

The markets are slowly moving towards accepting the possibility of the Fed raising rates coming December. But this week the focus will be on the upcoming ECB rate decision, which will be the main event of the week. Other events…

Gold and Silver Outlook for September 5-9

Gold and silver didn’t do much throughout most of last week until Friday when the non-farm payroll report presented a gain of only 151K jobs – lower than expected – and even the annual growth in wages also fell short…

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…

Financial Market Outlook for July 18-22

The BOE didn’t change its monetary policy but still promised that stimulus is on the way in the coming meetings. This week’s main event will be the ECB rate decision. Even though the ECB isn’t likely to make any changes…

Gold and Silver Outlook for May 30- June 3

Precious metals took another dive this week after the hawkish FOMC minutes kept resonating the markets. And the recovery of the U.S. dollar – mostly against the Euro and Yen – also contributed to the weakness of the bullion market.…