Tag: retail sales

Gold and Silver Outlook for May 11-15

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The U.S. jobs report showed a gain of 223K jobs, which wasn’t far off market expectations, albeit it was better than the previous report. Alas, the report also showed downward revisions for the previous jobs reports and little change in…

Gold and Silver Forecast for November 10-14

Gold and silver bounced back on Friday following the release of the U.S. NF payroll report, which was slightly below expectations in terms of growth in number of jobs – 214K and not 230K as anticipated. Despite this rally, both…

Gold and Silver Forecast for September 8-12

Precious metals, much like other commodities, kicked off last week with a plunge in prices. As the week progressed, bullion prices remained relatively flat even after the ECB surprised the markets with a rate slash and promise of an ABS…

Gold and Silver Forecast for August 11-15

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Gold changed direction and bounced back mainly on Wednesday, while silver dwindled on a weekly scale. Moreover, on a monthly scale gold is up by over 2% and silver is down by a similar rate (up to date). What is…

Gold and Silver Forecast for June 9-13

Gold and silver bounced back last week despite their modest fall on Friday following the released of the NF payroll report, in which 217K jobs were added during May – inline with markets projections. Even the decision of the ECB…

Oil Outlook for April 14-18

Oil prices (WTI and Brent) bounced back last week. WTI and Brent oil rose by 2.6% and 0.6%, respectively. As a result, the difference of Brent oil over WTI narrowed again: The premium ranged between $3.6 and $5.4. Last week,…

Financial Market Forecast for April 14-18

The commodities markets heated up as oil, natural gas and precious metals rallied during last week.  This week several reports, speeches and publications will come to fruition including: U.S retail sales, China’s GDP for the first quarter, Janet Yellen’s speech,…

Financial Market Forecast for February 10-14

The financial markets rallied as most stocks markets and commodities rose during last week. Even the lower than expected number of jobs added in the U.S during January, according to latest NF payroll report, didn’t stop commodities and stocks to…

Weekly Outlook of Financial Markets for January 13-17

The financial markets heated up as most stocks markets and commodities rallied during last week. The lower than expected number of jobs added in the U.S during December, according to latest NF payroll report, didn’t stop commodities and stocks to…

Gold and Silver Prices Outlook for July 15-19

During last week, gold and silver changed direction and rallied along with other commodities prices. Their rally coincided with the depreciation of the US dollar against currencies such as Euro and Japanese yen. The recent publication of the minutes of…