Tag: minutes of FOMC meeting

Financial Market Forecast for July 7-11

The financial markets cooled down last week as oil prices declined and natural gas and precious metals remained nearly unchanged. This week, several economic reports will be released including minutes of the recent FOMC meeting, JOLTS, and jobless claims. In…

Gold And Silver | Recap for May 19-23

weekly precious metals chart May 19-23 2014

Gold and silver kept their stagnation as prices didn’t move much on a weekly scale. The recent release of the minutes of the FOMC didn’t stir up the markets as FOMC members didn’t change by much their economic outlook or…

Gold and Silver Forecast for May 19-23

Gold and silver slightly rose last week but on a monthly scale they are still nearly flat lined.  Even the forex market also showed signs of unclear trend and the U.S rallied against the Euro but fell against the yen…

Oil Outlook for May 19-23

Oil price (WTI and Brent) rallied during last week. WTI increased by 2%; Brent oil, by 2.3%. As a result, the difference of Brent oil over WTI slightly widened: The premium ranged between $7.54 and $8.94. Last week, the EIA’s…

Financial Market Forecast for May 19-23

Leading commodities prices including oil and gold rallied last week; in the forex market the USD rallied against the Euro but depreciated against the Japanese yen and Canadian dollar. For the week of May 19th to May 23rd, several reports,…

Financial Market Forecast for March 31- April 4

The precious metals market cooled down again last week; energy commodities prices rallied; in the forex market the U.S dollar slightly appreciated against the Euro and Japanese yen and dropped against the Aussie dollar and Canadian dollar. This week many…

Financial Market Forecast for March 3-7

The commodities markets slowed down last week; in the forex market the U.S dollar slightly depreciated against the Euro. This week will be packed with many news items, decisions, reports and events that could affect the commodities and forex markets.…

Gold And Silver | Recap for February 17-21

golden bar

Gold and silver market slowly rallied again as their prices slightly increased during the previous week. The recent reports regarding the progress of U.S and China may have contributed to the slow recovery of precious metals: housing starts and building…

Gold and Silver Forecast for February 17-21

Gold and silver continued to rally last week following the ongoing slowdown in the U.S: retail sales declined by 0.4% during January; industrial production declined by 0.3% in January. Finally, jobless clams rose by 8k to reach 339k. Janet Yellen,…

Financial Market Forecast for February 17-21

The prices of leading commodities rallied during the past week. Moreover, the US dollar also depreciated against leading currencies such as Euro, Japanese yen and Aussie dollar during last week. In the upcoming week several reports, decisions and events will…