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…
The U.S. non-farm payroll didn’t impress the market and fell, yet again, of market expectations with 156K jobs in September: The ADP estimated a gain of 154K jobs while the market expect a gain of 172K. The growth in wages,…
In this episode of Market Movers we have compiled a special holiday edition of the most popular topics: the risk reward ratio (make it your new year’s resolution?), the correlation (or lack of) between gold and inflation and Japan: the…
U.S. employment rose by a higher than anticipated rate as 248K jobs were add, based on the Bureau of Labor Statistics. This figure was above market expectations, which were at 220K and the ADP report showed that private non-farm payroll…
Precious metals changed course and plunged at the beginning of the week only to slightly recovery by the end of the week following the rise in tension between Russia and US. The Malaysian airliner plane was shot down over Ukraine;…
Precious metals heated up during the past week after gold and silver remained nearly unchanged in the previous week. The release of the minutes of the FOMC meeting may have partly contributed to the recent recovery of bullion prices: The…
The prices of gold and silver remained stable for the second consecutive week. This time, their modest rally at the beginning of the week came to a halt on Thursday following the release of the NF payroll report, in which…
The bullion market didn’t do much during last week, after silver and gold rallied for three consecutive weeks. Despite their slow movement, both gold and silver ended the week with modest gains. The main news from last week was the…
Are gold and silver making a comeback? Investors of precious metals saw metals recovering for the third week in a row. This time, the FOMC meeting concluded with little movement in the bullion market. The next day, in a late…
The bullion market rallied again for the second consecutive week. The surge in violence in parts of Iraq may have contributed to the rise in prices of not only oil but precious metals. This rally may have also been driven…