The U.S. non-farm payroll presented a gain of only 160K jobs in April compared to the ADP’s anticipated increase of 156K jobs and market expectations of 203K. The growth in wages picked up again to 2.5% as wages increased by…
The BOJ disappointed by not expanding its monetary stimulus, while the FOMC, as expected, didn’t budge on its rate hike talk. In the end, the USD continued to devalue against the Yen and Euro, which helped push back up commodities…
The divergence in the bullion market continued for a second week in a row as silver finished the week up while gold – slightly down. This divergence, however, may not last long considering the busy week ahead that includes several…
In the midst of earnings season next week will also entail two major events that could boost even further up volatility: The Federal Reserve’s policy meeting and U.S. GDP for Q1. Other events and reports to consider include: BOJ’s policy…
Gold and silver didn’t move in concert as they usually do during last week. The USD slightly appreciated against the majors even though the market reduced its expectations of a Fed rate hike this year – for now the chances…
The volatility in the markets continue to pick up as the earning season progresses. And this week we have two main events: Doha meeting on Sunday and ECB policy meeting, in other words we have a double D theme: Doha…
The world’s second largest economy is eyed by many with worries. We dive into the recent data and try to explain the good, the bad and the ugly before talking about the upcoming week, overshadowed by the You are welcome to listen,…
Precious metals started off last week on a negative note but as the week progressed they changed direction and rallied. The dovish/bearish statements of Yellen in the recent panel discussion along with the minutes of the previous FOMC meeting helped…
The minutes of the FOMC meeting showed its members aren’t ready to raise rates in the next meeting later this month. But a June hike is still a possibility. In any case, the USD continues to lose ground – mostly…
What’s going on in the old continent? We begin from the ECB’s headquarters and tour around the continent and its troubles before taking a step back to look at markets in general and the upcoming events. You are welcome to…