Tag: U.S Core Durable Goods

Financial Market Forecast for September 22-26

Following the FOMC meeting the commodities markets took a beating as oil, gold and silver tumbled down. These losses coincided with the recovery of USD against leading currencies such as Euro and Yen and the rally of U.S equities. On…

Gold and Silver Forecast for July 21-25

Silver and gold took a nosedive last week. Even the escalation in the relations between Russia and US wasn’t enough to pull up precious metals. The Chair of the FOMC Janet Yellen testified before Congress, in which she didn’t provide…

Oil Outlook for June 23-27

The prices of crude oil continued their upward trend during last week as both WTI and Brent rose by 0.3% and 1.2%, respectively.  The gap of Brent oil over WTI slightly widened again by the end of the week; the…

Financial Market Forecast for May 26-30

This week several U.S related news items could stir up the markets again including: GDP for the first quarter of 2014, core durable goods, jobless claims, consumer confidence, and pending home sales. Canada’s current account and GDP by industry are…

Gold and Silver Forecast for March 24-28

The prices of gold and silver tumbled down during last week, following the FOMC’s decision to taper again QE3 by another $10 billion to $55 billion. This was Janet Yellen’s first decision as Chair of the Federal Reserve. This decision…

Weekly Outlook of Financial Markets for January 6-10

Last week’s slow pace in the financial markets due to the holiday season won’t resemble this week’s pace. This upcoming week will be packed with many news items, decisions, reports and events that could stir up the financial markets again.…

Gold and Silver – Daily Outlook for November 27th

Gold and silver prices remained nearly unchanged yesterday as the price of gold inched up and silver slightly declined. Their stagnation in the past three business days may have to do with the U.S holidays that will start this weekend…

Gold and Silver – Daily Outlook for October 25th

Following Wednesday’s fall, gold and silver bounced back and increased on Thursday. In the past month both precious metals have changed direction directions several times but still managed to slightly rise on a monthly scale. Yesterday, U.S jobless claims report…

Gold And Silver | Weekly Recap for September 23-27

weekly precious metals chart September 23-27 2013

Can someone say one more time tapering or Fed? The anticlimax from the FOMC’s meeting two weeks ago rendered the precious metals market moving in an unclear direction. The high expectations from the Fed to announce a shift in policy…