Gold and silver prices rallied again last week but mostly at the start of the week before the FOMC released its statement, which was considered by many balanced. This week the NFP report could move gold and silver prices. But…
The recent rally in the stock market has eased the concerns over the prospects of a bear market in equities. But this could all change if U.S. and China’s economic reports show signs of slowdown. This week the focus will…
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 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…
The year started off with a lot of volatility mostly attributed to the selloffs of Chinese stocks. The growing concerns over what’s next for China pulled back up the demand for gold and silver. But then the NFP report came…
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:…
The U.S. non-farm payroll showed a much better than expected headline figure: 292K jobs were added in December. The ADP report estimated 257K jobs were added and the market expectations were set much lower at 203K for December. The growth…