Tag: U.S non-manufacturing PMI

Financial Market Outlook for October 3-7

The recent recovery of oil prices following the possible deal by OPEC has also helped pushed up the risk currencies including the loonie and the Aussie. But this week the market’s attention will move back to the U.S. and the…

Financial Market Outlook for August 1-5

The Fed and the BOJ didn’t deliver last week as they neither move nor even hint of any prospects of a substantial change to their respective monetary policies. But now all eyes will shift back to the UK as the…

Financial Market Outlook for July 4-8

The roller-coaster in the financial markets due Brexit vote left the British pound around 10% below its value against the USD before the referendum results came in. And even though equities and bonds also reacted with a “risk-off” sentiment, equities…

Gold and Silver Outlook for October 5-9

The week started off with sharp falls for gold and silver, but the latest NFP report turn things around for precious metals as they ended the week on a high note. But will this rally continue or will be short…

Financial Market Preview for October 5-9

Another disappointing non-farm payroll, in which only 142K jobs were added in September. Moreover, there were downward revisions for the two previous months for a total of 59K jobs. This puts into question whether the Fed were to raise rates…

Weekly Outlook of Financial Markets for September 2-6

Last week, leading commodities prices mostly increased, while the USD mostly depreciated against leading currencies. The slow movement in the forex and commodities markets might pick up as we are exiting the summer slowdown. In the upcoming week several reports…

Weekly Outlook of Financial Markets for August 5-9

Last week the Aussie dollar tumbled down while the Euro remained nearly unchanged against the USD. In the commodities market, silver and crude oil rallied while gold and natural gas declined. In the upcoming week several reports, decisions and events…