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…
Financial Market Preview for March 7-11
Category: Silver
Gold and Silver Outlook for February 29-March 4
The recovery of the U.S. dollar – in part due to growing concerns over a Brexit and several better-than-expected U.S. data figures such as GDP for Q4 – held back gold and silver prices. Some of the positive U.S. reports…
Financial Market Outlook for February 29- March 4
The U.S. dollar, equities and oil prices bounced back last week as the bearish sentiment has subsided, mostly fueled by some positive U.S. reports: The GDP for Q4 showed a gain of 1% — higher than the first estimate and…
Gold and Silver Outlook for February 22-26
The rally of gold and silver reached an impasse following the recent recovery in equities and the U.S. dollar against the Euro, Aussie dollar and British Pound. Nonetheless, the bearish market sentiment is still looming and could initiate selloffs if…
Financial Market Outlook for February 22-26
Equities recovered last week as the bearish market sentiment subsided and oil prices started off the week strong on account of the latest deal between Russia and Saudi Arabia to hold their output at January levels. But a few unimpressive…
Gold and Silver Outlook for February 15-19
Following FOMC Chair Yellen’s testimony, in which she didn’t rule out the possibility of cutting rates to negative territory all awhile keeping the same mantra that the decision to raise rates will be data dependent hasn’t calmed markets. Also the…
Financial Market Outlook for February 15-19
Here is a short overview for the week of February 15th to 19th of the main report and events of the week including: Minutes of last FOMC meeting, U.S. CPI, Philly Fed index, German ZEW economic sentiment, U.S. PPI, GB’s…
Gold and Silver Outlook for February 8-12
The bullion market had, much like the rest of the financial market, a turbulent week: But unlike equities or other major commodities, both gold and silver continues to rise. The devaluation of the U.S. dollar helped push up precious metals…
Financial Market Preview for February 8-12
The NFP showed a headline figure of 151K jobs – lower than expected – but wages and unemployment were still good enough to pull up the U.S. dollar. Nonetheless, equities came down as the bearish market sentiment persisted; oil prices…
U.S. NFP: Only 151K Jobs in January – But Is It All Bad?
After presenting strong reports in the past several months, the U.S. non-farm payroll showed a lower than expected headline number: Only 151K jobs were added in January – the lowest gain since September. The ADP report estimated 205K jobs were…