The U.S. non-farm payroll report fell short of market estimates: Only 138K jobs were added vs an estimated growth of 181K (The ADP estimated a gain of 253K jobs) in May; and yet again there is no rise in wages…
Gold and silver gained a bit more momentum as the political unease playing in the background and some economic data from the U.S. aren’t too impressive. The markets, however still place a high chance – around 80% — of a…
What is the Fed trying to tell us? Markets are anticipating the Fed decision in June and might be caught wrong-footed. OPEC made its decision and we had a “sell the fact” reaction. But there’s much more inside. We top it off…
Market volatility made a very quick and short comeback last week on Wednesday following the political unrest in the U.S. This time, it was followed by the Comey memos about his meetings with President Trump that raised market concerns over…
We start from the political storms that were only a storm in teacup for stocks. We then continue with oil and see some room for rises before previewing the events of the week. You are welcome to listen, subscribe, provide feedback and…
The recent economic data pouring out of the U.S. including CPI and retail sales were soft enough to pause the downfall of bullion as the markets reassess the chances of a Fed rate hike in June. Nonetheless, both gold and…