In the midst of earnings season next week will also entail two major events that could boost even further up volatility: The Federal Reserve’s policy meeting and U.S. GDP for Q1. Other events and reports to consider include: BOJ’s policy…
Gold and silver didn’t move in concert as they usually do during last week. The USD slightly appreciated against the majors even though the market reduced its expectations of a Fed rate hike this year – for now the chances…
The volatility in the markets continue to pick up as the earning season progresses. And this week we have two main events: Doha meeting on Sunday and ECB policy meeting, in other words we have a double D theme: Doha…
The world’s second largest economy is eyed by many with worries. We dive into the recent data and try to explain the good, the bad and the ugly before talking about the upcoming week, overshadowed by the You are welcome to listen,…
Precious metals started off last week on a negative note but as the week progressed they changed direction and rallied. The dovish/bearish statements of Yellen in the recent panel discussion along with the minutes of the previous FOMC meeting helped…
The minutes of the FOMC meeting showed its members aren’t ready to raise rates in the next meeting later this month. But a June hike is still a possibility. In any case, the USD continues to lose ground – mostly…
Gold and silver moved in an unclear trend last week as Yellen’s speech cooled down the bullion market while the NFP dragged it back down. This week isn’t likely to be much different with the upcoming release of the minutes…
The labor market in the U.S. isn’t slowing down as the recent NFP showed another gain of 215K and a modest bump in wages. The markets are likely to keep digesting this news at the beginning of the week. Looking…
The latest U.S. non-farm payroll showed a slightly higher than expected headline figure: 215K jobs in March compared to the ADP’s anticipated a gain of 200K jobs and market expectations of 206K. The growth in wages inched up to 2.3%…
Precious metals changed direction and declined – along with other commodities – as the USD bounced back against the Euro and Japanese yen. Will the recent fall in gold and silver prices continue? Or will bullion prices change course again…