The main event of the month – the FOMC meeting – will be the focus of the week and is likely to move markets regardless of its outcome. The outcome will only play in determining market volatility and direction. A…
The NFP report didn’t cause too many waves as it was only slightly higher than anticipated and came after the ECB’s rate cut, which didn’t meet market estimates, and Yellen’s testimony that reaffirmed market expectations for a December hike. So…
The recent recovery of the U.S. dollar also led to a fall in commodities prices including oil, gold, copper and silver. Even though the market is more incline to believe the Fed will raise rates in December, it doesn’t seem…
The NFP report was better than expected with a gain of 271K jobs and growth in wages of 2.5%. This report rekindled the belief of a possible rate hike by the Fed in December. On this week’s agenda: U.S. JOLTS,…
The U.S. dollar took another hit last week mainly against the Yen, Aussie dollar and British Pound. The depreciation of the USD provided some back-wind for commodities including oil and gold. This week, the main events include: ECB rate decision…
The minutes of the FOMC didn’t offer much news and left the market guessing as to the timing of the Fed’s rate hike. On this week’s agenda we have the U.S. JOLTS, BOJ’s minutes of last meeting, EU CPI, U.S.…
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…
Not only the FOMC opted out from raising rates – with only one dissenter for a rate hike in September – but it also tilted the markets as the members voiced their concerns over the global economy. This decision will…
The main event of the month is upon us – the FOMC meeting. Even though the expectations for a rate hike at this time are low, market volatility is still likely to pick up regardless of whether the Fed push…
The recent non-farm payroll – showing a gain of only 173K jobs in August — wasn’t too impressive at first glance, but a closer look shows the report wasn’t too bad — with upward revisions of previous months, modest gain…