Market volatility made a very quick and short comeback last week on Wednesday following the political unrest in the U.S. This time, it was followed by the Comey memos about his meetings with President Trump that raised market concerns over…
Precious metals continued to be pressured on account of the ongoing rise in interest rates, bullish market sentiment (at least in certain sectors) and stronger USD. But the Trump train may have come to brief halt as markets are starting…
Even though the chances of a rate hike remained nearly flat over the past week, long term yields have slightly declined, which gave a modest gain for gold and silver prices. But if the recent trend of the past few…
The bullion market recovered last week as the FOMC didn’t raise rates all awhile leaving the door open for a rate hike this year. The FOMC also revised its outlook on GDP growth rate for 2016, core inflation for 2017…
The US returns to the limelight with the Fed decision and the first release of US GDP. What are the implications for the dollar? Before diving into this, we analyze the impact of the Greek elections for the euro in the short…
There is a lot of action in markets and more to come: we preview the big events of November, which promise to be exciting. And before looking forward, we look back and run through the Fed bullishness, the impact of US…
Gold and silver took another tumble as both bullion prices: For gold, it reached its lowest level since the beginning of the year; silver came down below $18 for the first time since August 2010! The latest FOMC meeting had…
The bullion market didn’t do much during last week, after silver and gold rallied for three consecutive weeks. Despite their slow movement, both gold and silver ended the week with modest gains. The main news from last week was the…
Oil price (WTI and Brent) changed direction and fell last week: WTI declined by 1.08%; Brent oil, by 2.49%. As a result, the gap of Brent oil over WTI contracted: The premium ranged between $10.87 and $13.96. Last week, the…
Oil prices (WTI and Brent) tumbled down again during last week: WTI fell by 3.27%; Brent oil, by 3.16%. As a result, the spread of Brent oil over WTI remained nearly unchanged: The premium ranged between $2.53 and $5.73. Based…