Tag: minutes of FOMC meeting

Gold and Silver Outlook for August 15-19

golden bar

Precious metals prices remained relatively flat throughout the week; the recent economic data from the U.S. including retail sales were slightly disappointing but not enough to change much market sentiment nor interest rates. Looking forward, some major economic data from…

Financial Market Outlook for January 4-8

The first week of the year is upon us. This means markets return to function normally. This week entails several important reports that could drive back up market volatility. Some of these reports include: The U.S. NFP report,  minutes of…

Financial Market Preview for November 16-20

The recent recovery of the U.S. dollar also led to a fall in commodities prices including oil, gold, copper and silver. Even though the market is more incline to believe the Fed will raise rates in December, it doesn’t seem…

Gold and Silver Outlook for August 17-21

The Chinese move to devalue its currency was a step in the right direction for China’s economy. But for now there are no expectations for any additional sharp changes in the value of the yuan. The bullion market seems to…

Financial Market Preview for July 6-10

The recent NFP report wasn’t far off the market estimates as 223K jobs were added back in June, albeit the overall it wasn’t too impressive with lower participation rate and no gain in wages. But for this week the main…

Gold and Silver Forecast for October 6-10

The latest positive news from the U.S labor market – the NF payroll showed 248K jobs added during September and August numbers were revised up to 180K – was enough to drag down the prices of gold and silver to…

Financial Market Forecast for October 6-10

Following the better than expected NF payroll report, in  which the USD rallied, while precious metals took a nose dive, this week the U.S JOLTS report will complete the NF payroll report; this report may offer another data point about…

Gold and Silver Forecast for July 14-18

The gold and silver market heated up last week after they didn’t do much in the previous week. The minutes of the FOMC meeting may have partly contributed to the rally of precious metals by the end of last week:…

Gold And Silver | Recap for July 7-11

Precious metals heated up during the past week after gold and silver remained nearly unchanged in the previous week. The release of the minutes of the FOMC meeting may have partly contributed to the recent recovery of bullion prices: The…

Gold and Silver Forecast for July 7-11

Precious metals didn’t do much last week and their rally of the past several weeks seems to have reached an impasse. Yellen’s speech at the IMF had a dovish tone as she restated a rate isn’t likely to occur anytime…