The bullion market showed high volatility as gold and silver rallied during most of the week until the end when the non-farm payroll report showed a higher than expected gain in number of jobs. This week the JOLTS report will…
The recent NFP payroll report showed a higher than expected gain of 321K jobs in November. This news was enough to bring down gold and silver and pull back up U.S. dollar against the yen and Aussie dollar. Looking forward,…
U.S. employment sharply increase much higher than expected with 321K additional jobs, based on the Bureau of Labor Statistics. This figure was higher than market expectations, which were at 231K and the ADP report showed that private non-farm payroll added…
The recovery of precious metals came to halt last week as both gold and silver prices tumble down by around 2% and 5%, respectively. This week the main report of the week is the NF payroll report, which could impact…
Following the thanksgiving break, the markets will start working normal again. This week, the NF payroll report will take center stage in the U.S. Other financial reports from the U.S. include manufacturing PMI, factory orders and trade balance monthly updates.…
Markets are different during the holiday season that just began. How should you react? We begin with this topic and then talk about things that do move markets: the US data and especially GDP that look more complicated than earlier, the UK…
The price of iShares Silver Trust (SLV) slightly rallied in the past couple of weeks. Let’s examine the recent developments related to SLV including China’s rate cut, and the progress of the U.S. economy. U.S. Growth and SLV The second…
The prices of gold and silver recovered again in the past week mainly by the end of the week following the recent decision from Beijing to slash the interest rate in order to deal with the economy’s sluggish growth rate…
The recent decision of People Bank of China to cut its deposit rate by 25 bp and one year lending rate by 40 bp is the first step Beijing made towards dealing with the country’s economic slowdown. This news has…
A packed show begins with US housing and its very close correlation to growth. We then run down the FOMC Meeting Minutes and continue to more exciting events: the political turmoil in Japan which is rocking the yen, and what’s going…