With less than three weeks until the U.S. elections, concerns over a hard Brexit and earnings season underway market volatility is likely to slowly pick up in the near term. This week the main events of the week include: U.S.…
The historic (finally we can retire this characteristic) and expected rate hike decision by the FOMC was finally made last week. The market’s reaction seemed a bit of an anticlimax, given the ample preparation the Fed made before raising rates.…
The latest release of the minutes of the FOMC meeting didn’t much new information and in any case the tragic events in Paris at the end of last week took center stage all throughout the week. These events may have…
The ECB and PBOC aim to help stimulate their economies: The ECB by hinting of more QE to follow and PBOC by cutting rates again. For gold and silver, a stronger U.S. dollar, brings down their prices. And these decisions…
The ECB’s decision to heavily hint of more stimulus up ahead was enough to bring down the Euro. And soon after even POBC also upped its ante by reducing rates as well. Now this week the attention will move towards…
The high volatility of gold and silver prices has returned last week. By the end, gold and silver have declined. Albeit these two precious metals have had an unclear trend: They moved from gains to losses almost on a daily…