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…

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…