The minutes of the FOMC meeting showed its members aren’t ready to raise rates in the next meeting later this month. But a June hike is still a possibility. In any case, the USD continues to lose ground – mostly…
What’s going on in the old continent? We begin from the ECB’s headquarters and tour around the continent and its troubles before taking a step back to look at markets in general and the upcoming events. You are welcome to…
Gold and silver moved in an unclear trend last week as Yellen’s speech cooled down the bullion market while the NFP dragged it back down. This week isn’t likely to be much different with the upcoming release of the minutes…
Yellen hit the dollar hard with her dovishness and might do that soon. Why did she go there? We continue with analyzing the fresh figures coming out of the US and preview the upcoming events. You are welcome to listen,…
The labor market in the U.S. isn’t slowing down as the recent NFP showed another gain of 215K and a modest bump in wages. The markets are likely to keep digesting this news at the beginning of the week. Looking…
The latest U.S. non-farm payroll showed a slightly higher than expected headline figure: 215K jobs in March compared to the ADP’s anticipated a gain of 200K jobs and market expectations of 206K. The growth in wages inched up to 2.3%…