The recent NFP report came short of market expectations with only 126K jobs added in the past month. This report is likely to rekindle the hopes of a “later rather than sooner” rate hike by the FOMC – perhaps by…
Even though last week was short, the NFP report came out on Friday and surprised analysts – only 126K jobs were added, which was well below market estimates. This news is likely to resonate in the markets on Monday and…
Even though the oil market has experienced high volatility, this hasn’t translated to sharp movement in precious metals prices. The U.S. GDP report came slightly short and Yellen’s testimony didn’t offer any big headlines, which left the bullion market to…
The financial markets shifted focus from Yellen to Yemen, which kept the high volatility mainly over the rising tensions in the Middle East. This week, the main report will to be released is the NF payroll. Other U.S. reports include:…
As the whole debacle around the Greek debt crisis dissipates and takes the backburner for the near term, other economic developments could retake the center stage including the changes in the monetary policy of the FOMC and ECB. In the…
Gold and silver took a tumble last week. The FOMC meeting didn’t have any big announcements but the bullion market reacted with a sharp fall in gold and silver the next day. On Friday, however, the GDP report was released…