All eyes are set towards the next FOMC meeting. Even though the market has climbed down from the idea of a possible September rate hike, the market will still look for any clues for when the Fed is expected to…
Precious metals kicked off last week on a positive note but by the end of the week both gold and silver made a U turn a declined as yields started to pick up again and the USD recovered. The speculation…
The recent plunge in the markets on Friday seems to have been the result of the anxiety of traders over a possible rate hike by the Fed, which may occur as soon as this month. The upcoming reports from the…
We begin by a rundown of the ECB decision which was short on details and move to analyze the impact of Brexit, as we have some evidence that it isn’t a total catastrophe, not yet. Apart from the BOE, we preview other…
Gold and silver didn’t do much throughout most of last week until Friday when the non-farm payroll report presented a gain of only 151K jobs – lower than expected – and even the annual growth in wages also fell short…
The recent NFP report came a short than expected in terms of headline growth in jobs and wages, and is likely to reduce the chances of a rate hike this year by the FOMC. This week the focus will come…