The latest NFP report showed strong growth in jobs (211K vs. exp. of 194K) and modest decline in unemployment rate to a new low and yet wages are not picking up at a faster pace. This news, however, was still…
Gold and Silver Report for May 8-12
Tag: retail sales
Gold and Silver Outlook for April 10-14
The employment situation in the U.S. is still on solid ground with unemployment dipping to its lowest level in years; and even the broader unemployment rate (U6) measure has fallen to its lowest since December 2007. But the number of…
Financial Market Outlook for September 12-16
The recent plunge in the markets on Friday seems to have been the result of the anxiety of traders over a possible rate hike by the Fed, which may occur as soon as this month. The upcoming reports from the…
Gold and Silver Outlook for August 8-12
Gold and silver didn’t perform well last week as the NFP report showed, once again, a better than expected headline figure with a growth of 255K jobs – compared to an expected gain of 180K; also, the BOE, as expected,…
Financial Market Preview for June 6-10
The latest NFP report fell short – really short this time! – of market expectations with only 38K jobs added in May. And even though wages still grew at a pace of 2.5% per annum, the headline figure was really…
Financial Market Preview for May 9-13
The recent NFP report didn’t present, yet again, a clear picture as to where the U.S. labor market is heading: Wages went up but job growth didn’t meet market estimates. This week, the JOLTS report will provide another look at…
Gold and Silver Outlook for December 7-11
Precious metals prices bounced back as the U.S. dollar devaluated against the Euro – mainly after ECB’s Draghi didn’t meet market estimates and only reduced the deposit rate to -0.3% without introducing an expansion of QE. And then the NFP…
Financial Market Preview for September 14-18
The main event of the month is upon us – the FOMC meeting. Even though the expectations for a rate hike at this time are low, market volatility is still likely to pick up regardless of whether the Fed push…
Financial Market Preview for August 10-14
The NFP report didn’t turn out to get a strong market reaction considering it came very close to market expectations with a gain of 215K. But another fair report is still another chip for the Fed to consider raising rates…
Gold and Silver Outlook for June 8-12
The non-farm payroll brought further up the USD against leading currencies as it showed a rise of 280,000 jobs – higher than market estimates. This news is likely to resonate in the financial markets as it raises the odds of…