After a slow week, the markets are expected to present higher trading volume and this week is a bust one with: Yellen’s speech, U.S. NFP, China’s manufacturing PMI, EU flash CPI, U.S. PCE, Canada’s GDP, U.S. manufacturing PMI. So let’s…
We take a step back from the Fed focus, Draghi digest and other regular stuff and look into commodities: crude oil, copper and natural gas as we enter the Spring. You are welcome to listen, subscribe, provide feedback and pledge support…
Gold and silver received another boost from the FOMC. The Fed, as expected, didn’t change its cash rate but it did revise down in the dot plot the outlook for the cash rate from 4 hikes to 2 this year.…
The Federal Reserve released a dovish statement that including lower outlook for the Fed’s fund rate in 2016-2018 and even the terminal rate was reduced by 0.25 bp to 3.25%. So without making any changes its cash rate or introducing…
The Federal Reserve is starting to acclimate to the global economic woes and released a dovish statement – relative to the Fed of course – for the first time in months. The Fed didn’t change its policy and mostly addressed…
Precious metals will face another stormy week with the upcoming FOMC meeting. Following the latest ECB monetary meeting that concluded with rate cuts and augmented QE program, gold and silver moved in an unclear trend on a weekly scale and…
The market expected a lot from Draghi and he sure delivered in the recent ECB meeting for more QE and lower rates. This week, the focus will shift back to the U.S. with the FOMC meeting. But there are also…
Gold and silver started off March with a bang: Their rally came even though the U.S. dollar didn’t do much against the Euro or the Yen, and the long term interest rates starts to rise again. Even the recent NFP…
The latest NFP came again with a mixed bag: Higher than expected growth in jobs – 242K vs. expected 195K – but lower wage growth – only annual rate of 2.2%. In the end, the USD and equities slightly rallied…
The labor isn’t progressing smoothly as indicated by the latest U.S. non-farm payroll: It showed a much higher than expected headline figure: 242K jobs were added in February. The ADP reported a gain of 214K jobs; the market anticipated 195K…