We had two highly important deals: on Greece and on Iran, and both have significant market implications. After digesting the deals and their impact down the road, we preview the events of the next two weeks. You are welcome to listen, subscribe…
The bullion market was also affected by the Greek debt drama as it shook up the financial markets. Despite the recent rise in volatility, the prices of both gold and silver only slightly decline on a weekly scale. Even the…
The Greek drama continues to dominate the news cycle and isn’t likely to get off the headlines until a bailout deal is struck or a final Greek exit decision is made. So even though the Greek debt crisis will likely…
We explain the current situation in the Greek crisis heading to a showdown. We make it less complicated than it seems and then explain what’s next. We then move the crisis in Chinese stocks as well as the fall in…
The big event of the week will be the aftermath of the Greek referendum — the results are in: 61% voted “No” against the bailout terms of the EU. Besides the Greek Drama, last week the non-farm payroll report was close…
The recent NFP report wasn’t far off the market estimates as 223K jobs were added back in June, albeit the overall it wasn’t too impressive with lower participation rate and no gain in wages. But for this week the main…
Greece tops the headlines and for good reasons. The reverberations go well beyond the debt stricken country. And from one such country to the other, we move to Puerto Rico and make the necessary comparisons. We then cover the NFP and…
The U.S. non-farm payroll report showed a gain of 223K in June – close to market expectations. The ADP report estimated an increase of 237K jobs and the market expectations were at 231K, for June. The main sectors that expanded…
The unlikely has finally happened: Greece has officially missed out on its 1.5 billion euros to the IMF. As a result the IMF also reported it will cut off any IMF financing until Greece pays back this sum. So Greece…
After a slow movement of gold and silver prices throughout most of the month, their prices took a turn and fell last week on account of the strengthening of the US dollar against the Euro and Yen. The Greeks, much…