The possibility of a Fed rate hike is around 60% by the by the end of the year. And the shift in the chances of a hike, which tend to move a daily basis, should have also impacted the direction of…
Gold and The Fed’s Rate Decision
Category: Gold
Gold and Silver Outlook for October 3-7
Gold and silver didn’t perform well in the past week even though the USD remained relatively flat while the chances of a December rate hike slightly picked up. Moving forward, this week’s main event will the NFP for the month…
Financial Market Outlook for October 3-7
The recent recovery of oil prices following the possible deal by OPEC has also helped pushed up the risk currencies including the loonie and the Aussie. But this week the market’s attention will move back to the U.S. and the…
Gold and Silver Outlook for September 26-30
The bullion market recovered last week as the FOMC didn’t raise rates all awhile leaving the door open for a rate hike this year. The FOMC also revised its outlook on GDP growth rate for 2016, core inflation for 2017…
Financial Market Outlook for September 26-30
The FOMC didn’t raise rates but the odds are still high for a December rate hike. And this week the Chair of the FOMC will be in the spotlight again as she will speak; in fact, no fewer than five…
Gold and Silver Outlook for September 19-23
Gold and silver took another hit last week even though the changes of a rate hike in September declined. Even though the markets cut the chance of a rate hike in the upcoming meeting, the markets didn’t change the chance…
Financial Market Outlook for September 19-23
All eyes are set towards the next FOMC meeting. Even though the market has climbed down from the idea of a possible September rate hike, the market will still look for any clues for when the Fed is expected to…
Financial Market Outlook for September 12-16
The recent plunge in the markets on Friday seems to have been the result of the anxiety of traders over a possible rate hike by the Fed, which may occur as soon as this month. The upcoming reports from the…
Gold and Silver Outlook for September 5-9
Gold and silver didn’t do much throughout most of last week until Friday when the non-farm payroll report presented a gain of only 151K jobs – lower than expected – and even the annual growth in wages also fell short…
Financial Market Outlook for September 5-9
The recent NFP report came a short than expected in terms of headline growth in jobs and wages, and is likely to reduce the chances of a rate hike this year by the FOMC. This week the focus will come…