The BEA published a slightly lower than expected GDP (first estimate) for Q4 2015: The growth rate was 0.7% – 0.1 pp below market expectations. In the third estimate the GDP growth rate was 2%. So the U.S. economy grew…
The Fed, as expected, didn’t rock the boat with a rate hike; nor did it back down from its stance to raise rates this year. So what else is new? Well, the Fed address the high volatility in the financial…
Gold and silver prices slightly rose last week as the ECB promises more stimulus to follow, which could keep the U.S. dollar strong against the Euro. This week, the main event is the FOMC meeting that could impact the direction…
Another turbulent week ended with falling and then rising equities and commodities prices – mostly oil. Well, this week isn’t likely to be much different so expect more high volatility on all fronts. The main events of the week come…
The crash in stocks and commodities has reached central banks and we have seen some action. This is not necessarily a positive for everybody. We begin by breaking down the ECB’s big move, continue to other central bank talk, dig…
The recovery of gold and silver slowed down as two forces moving in opposite directions impacting precious metals prices: The rally of USD – dragging down PMs – and the rise in global economic gloom as reflected by lower long…
Here is a short breakdown for the week of January 18th to 22nd of the main report and events of the week including: ECB rate decision, U.S. CPI, Philly Fed index, German ZEW economic sentiment, BOC’s rate decision, U.S. industrial…
An excellent jobs report failed to cheer markets, the Fed remains in focus and China just keeps topping the news. We tackle all this and the road ahead. You are welcome to listen, subscribe, provide feedback and pledge support on Patreon. 5…
The NFP report was much better than expected with headline figure of 292K jobs – the expectations were set much lower at 203K. But market concerns over China’s economic woes kept weighing on equities and commodities. On this week’s agenda:…
An excellent jobs report failed to cheer markets, the Fed remains in focus and China just keeps topping the news. We tackle all this and the road ahead. You are welcome to listen, subscribe, provide feedback and pledge support on Patreon. NFP…