The recent hawkish FOMC minutes were enough to drive back up the USD and bring down equities as the markets adjusted expectations regarding a possible rate hike. This week’s main reports and events include: U.S. core durable goods, EU manufacturing…
The divergence in the bullion market continued for a second week in a row as silver finished the week up while gold – slightly down. This divergence, however, may not last long considering the busy week ahead that includes several…
In the midst of earnings season next week will also entail two major events that could boost even further up volatility: The Federal Reserve’s policy meeting and U.S. GDP for Q1. Other events and reports to consider include: BOJ’s policy…
The FOMC released the minutes of the last meeting. The news about the minutes was enough to pull up the U.S. dollar against leading currencies and drag along the way gold and silver. The odds of the FOMC raising rates…
The weakness in the U.S. dollar didn’t gold and silver that kept coming down, as they have reached their lowest level this month. Will gold and silver change course again this week? The FOMC could shake things up for bullion…