The FOMC is expected to cut rates for the first time since the 2020 Covid-induced recession. This news has already been priced into the financial markets. The two main issues remain unclear and worth following: First, how much they will…
The recent NFP report came short of expectations, with 142k jobs added (expectations were for 164k). However, unemployment did not rise (at 4.2%), and wage growth ticked up to 0.4% — putting more stress on inflationary pressures. In short, this…
As gold trades at $2,500, a record high, its path ahead faces challenges related to the upcoming FOMC meeting. Still, the balance of risks appears to support precious metal prices. Let’s examine the key factors that could influence its trajectory…
Following the Jackson Hole annual banking conference, FOMC chair Jay Powell has already stated what the market anticipated, that rate cuts are coming. How many cuts should we expect? At Jackson Hole, Powell stated that the Federal Reserve would do…
Gold continues to reach new highs, most recently passing $2,500. While many consider precious metal as a hedge against inflation, the main factors that keep gold shining are the prospect of falling interest rates, weaker USD, geopolitical unrest, and rising…
Following the FOMC decision to keep rates unchanged in its July meeting, the market reaction – a plunge in stock prices for a couple of days – may have surprised Fed chair Jay Powell. Despite the sudden sharp reaction, I…
When Bank of Japan’s Governor Kazuo Ueda announced a rate hike of 25 basis points last week, it is hard to believe he expected things would turn out the way they did: The Japanese yen appreciated by nearly 5% against…
Since the negative rates of April, the oil market has partly recovered and settled around $40. The ongoing high uncertainty over demand, along with the changes in production in non-OPEC and OPEC countries, haven’t moved oil from its $40 mark…
The short answer – it’s a wash, but it’s also complicated. This question has become more critical as the U.S. economy has been expanding its oil production in a couple of years. Currently, the U.S. produces more than 11.5 million…
The most powerful central bank is set to raise rates but there is a lot of uncertainty. Uncertainty also dominates trade talks and Trump’s reactions, as well as Brexit, where everything is up in the air. You are welcome to…