The Fed, as expected, raise rates by 25 basis points to 0.75 to 1 percent. This wasn’t a surprise. But the FOMC didn’t revise its dot plot and left as members still expect only two more hikes this year. The…
Gold and Silver Outlook for March 20-24
Category: EURO/USD
The Art of the Dovish Hike — MM #138
The Ides of March proved to be ominous for dollar bulls as the Fed succeeded in beating the greenback while hiking rates. We discuss what this means and touch on other market moving events before previewing the next week. You are welcome…
Gold and Silver Outlook for March 13-17
The NFP report came better than expected – 235K jobs added in February – enough to clear the path for the Fed to raise rates in the upcoming meeting that will conclude on Wednesday. This news, however, doesn’t vote well…
U.S. NFP: 235K Jobs Were Added Clearing the Path for a Fed Rate Hike
The U.S. non-farm payroll, yet again, beat estimates on jobs growth: 235K vs an estimated growth of 196K (The ADP estimated a gain of 298K jobs) in February; and wage growth came at 2.8% in annual terms – in line…
Gold and Silver Outlook for March 6-10
Fed officials were able to influence markets that a rate hike in March is a very likely option. This shift has not only raised long term interest rates but also bullion price. This week the markets will look for additional…
March Hike, Macron and Mario Draghi –MM #136
The Federal Reserve overshadowed Trump as they take the reins once again. We analyze the situation and the implications and then move to the old continent, where politics in France compete with the central bank’s headache. You are welcome to listen,…
Gold and Silver Outlook for February 27- March 3
The bullion market is still on a roll with gold and silver gaining nearly 2% last week, as the USD devalues against the Yen and long term interest rates fall – the 10yr Treasury yield fell to 2.31 on Friday…
Gold and Silver Outlook for February 21-24
Despite the range bound of U.S. long term treasuries – e.g. 10 year bond yield has been trading mostly around 2.4-2.5 for the past couple of months – gold and silver have gained some momentum and are up by 7.6%…
Fed Refocus as Monetary Matters Once Again — MM #135
Markets moved once again on Yellen’s testimony and the data. Is the Fed taking the reins once again after a month of Trump in office? We discuss where the President has more impact and where the Fed makes or breaks markets.…
Gold and Silver Outlook for February 13-17
Gold and silver continued their upward trend as the growing concerns over how the Trump administration is shaping up are starting to raise the unrest in the markets. The talks over fiscal policy, trade policy and border adjustment tax, just…