To hike or not to hike? The answer is coming and you should get ready. The September Fed decision is here and markets are holding their breath. We cover the Federal Reserve’s dilemma about a rate hike, potential market reaction and all the moving…
The high volatility in the financial markets has also kept moving gold and silver prices – albeit mostly downward. Although they did bounce on Friday, precious metals were still down for week: gold and silver fell by 2% and 5%,…
The U.S. GDP came up higher than expected at 3.7%. And this was enough to through China’s woes out the window and drive back up equities and energy commodities prices. But this could all change if the upcoming NFP report…
The NFP report came close, but still a bit short, of market estimates. This report, however, didn’t provide any clarification about the Fed’s rate hike timing, if at all, any more than the FOMC meeting did in the preceding week.…
The Greek drama continues, but for the financial markets the impact of the Greek debt crisis has weakened. Gold and silver prices took a sharp hit to the chin in the past week. Between the recovery of the USD and…
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 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…
Precious metals got a modest boost following the dovish FOMC meeting statement, which also dragged down the implied probabilities of a rate hike in the coming months. Even though the Greek debt crisis keeps the door open of Grexit, which…
The recent FOMC meeting and the ongoing saga around the Greek debt crisis, have kept pushing down the U.S. dollar against leading currencies and brought slightly up precious metals prices. These issues will continue to lead to news cycle and…
No surprise is also a surprise when it’s a Fed decision. We run down the FOMC meeting, update on the ever-escalating Greek crisis and discuss next week’s important events. You are welcome to listen, subscribe and provide feedback. FOMC rundown: This is what…