The recent FOMC meeting concluded, as expected, with another rate hike of 25 basis points; the rate was pushed up to the 1%-1.25% range. This decision came on the heels of the latest CPI report, in which both core and…
The bullion market has taken a beating last week as the risk-on mode has gained momentum following the relief from the tension over the French elections and relatively robust earnings in the U.S. But this week the focus will shift…
The markets are slowly realizing that perhaps the U.S. fiscal stimulus may not come anytime soon and perhaps some of its – mostly in the form of tax cuts – will be executed in 2018. But for now, the markets…
With the U.S. elections only 8 days away the markets continue to monitor the changes in the possible outcome of these elections – mainly the presidential elections. But before the elections there are several key events and reports that will…
The presidential elections are a bit over a week away and until then the markets will keep close tabs on its developments. Nonetheless, a busy week ahead with 4 central banks meetings including FOMC, BOJ, RBA and BOE. None of…
The bullion market recovered last week as the FOMC didn’t raise rates all awhile leaving the door open for a rate hike this year. The FOMC also revised its outlook on GDP growth rate for 2016, core inflation for 2017…
The Federal Open Market Committee didn’t raise rates – no surprise here – in the September meeting and left the door open for a possible rate hike later this year. Now all bets are set for a December hike; and…
Gold and silver took another hit last week even though the changes of a rate hike in September declined. Even though the markets cut the chance of a rate hike in the upcoming meeting, the markets didn’t change the chance…
All eyes are set towards the next FOMC meeting. Even though the market has climbed down from the idea of a possible September rate hike, the market will still look for any clues for when the Fed is expected to…
The ECB and BOE didn’t change their policy and now the markets will shift their attention to the FOMC and BOJ; the Fed and Bank of Japan aren’t expected to introduce new policy measures but the tone of their statements…