The recent NFP report was considered “good-enough” to keep the odds high for a Fed rate hike coming December. This week the U.S. elections will take center stage and is likely to dominate the news cycle and move markets. But…
The U.S. non-farm payroll fell a bit short of market expectations with a gain of 161K jobs in October: The ADP estimated a gain of 147K jobs and the market expect a gain of 174K. But despite the lower-than-expected gain…
With the U.S. elections only 8 days away the markets continue to monitor the changes in the possible outcome of these elections – mainly the presidential elections. But before the elections there are several key events and reports that will…
The presidential elections are a bit over a week away and until then the markets will keep close tabs on its developments. Nonetheless, a busy week ahead with 4 central banks meetings including FOMC, BOJ, RBA and BOE. None of…
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…
With less than three weeks until the U.S. elections, concerns over a hard Brexit and earnings season underway market volatility is likely to slowly pick up in the near term. This week the main events of the week include: U.S.…
Precious metals didn’t perform well again last week as the markets are coming around to consider the Fed raising rates in December. The stronger dollar has also pressured down gold and silver. And the Brexit talks — including the concerns…
The markets are slowly moving towards accepting the possibility of the Fed raising rates coming December. But this week the focus will be on the upcoming ECB rate decision, which will be the main event of the week. Other events…
Gold and silver took another beating as the USD gained some more momentum over the rising chances of a rate hike by the FOMC and the collapse of the British Pound over Brexit woes. And this week the focus will…
The latest NFP report fell short again of market estimates with a gain of 156K jobs; but this hasn’t changed the view of the markets that the FOMC is likely to raise rates at least once this year – and…