The Fed and the BOJ didn’t deliver last week as they neither move nor even hint of any prospects of a substantial change to their respective monetary policies. But now all eyes will shift back to the UK as the…
Gold and silver lost some steam in the past week as interest rates picked up again and the U.S. dollar strengthened even though the ECB and BOE didn’t introduce any new policy last week. This week’s main events will focus…
The ECB and BOE didn’t change their policy and now the markets will shift their attention to the FOMC and BOJ; the Fed and Bank of Japan aren’t expected to introduce new policy measures but the tone of their statements…
We take a break from Brexit and chopper sounds and move to commodities: oil is slipping, gold remains strong and the focus shifts back to the US. We also touch on ECB QE and preview the next events. You are welcome…
Now that the U.S. economy is showing signs of recovery including the better than expected NFP report and retail sales, the market is slowly adjusting again to a possible rate hike this year. And higher rates also mean a slower…
The BOE didn’t change its monetary policy but still promised that stimulus is on the way in the coming meetings. This week’s main event will be the ECB rate decision. Even though the ECB isn’t likely to make any changes…
Even though the recent NFP report presented much better than expected gains in jobs – 287K compared to 175K outlook – the bullion market didn’t react much and if anything silver kept rising on Friday. It seems that the ongoing…
The U.S. non-farm payroll finally showed strong headline numbers as there was an increase of 287K jobs in June – the highest level since October of last year 2010 and above market estimates: The ADP estimated a gain of 172K…
Gold and silver gained momentum last week as Britain voted to leave the EU. And even though equities have recovered, the high uncertainty in the markets is likely to preserve the risk-off market sentiment, which only benefits bullion prices. Besides…
The roller-coaster in the financial markets due Brexit vote left the British pound around 10% below its value against the USD before the referendum results came in. And even though equities and bonds also reacted with a “risk-off” sentiment, equities…