The Federal Reserve is starting to acclimate to the global economic woes and released a dovish statement – relative to the Fed of course – for the first time in months. The Fed didn’t change its policy and mostly addressed…
Precious metals will face another stormy week with the upcoming FOMC meeting. Following the latest ECB monetary meeting that concluded with rate cuts and augmented QE program, gold and silver moved in an unclear trend on a weekly scale and…
The market expected a lot from Draghi and he sure delivered in the recent ECB meeting for more QE and lower rates. This week, the focus will shift back to the U.S. with the FOMC meeting. But there are also…
The Draghi drama was one of the best ones, but the end result was surprising. We begin with this and continue on to the upcoming Fed meeting before finishing off with a preview of other events. You are welcome to listen,…
Gold and silver started off March with a bang: Their rally came even though the U.S. dollar didn’t do much against the Euro or the Yen, and the long term interest rates starts to rise again. Even the recent NFP…
The latest NFP came again with a mixed bag: Higher than expected growth in jobs – 242K vs. expected 195K – but lower wage growth – only annual rate of 2.2%. In the end, the USD and equities slightly rallied…