The BEA released its update on the U.S. GDP (first estimate) for the third quarter: The growth rate reached 1.5% in Q2 – only 0.1 pp lower than market expectations. But this news came after the Fed released a relatively…
So the Fed, no surprise here, decided to keep rates unchanged in its penultimate meeting for the year. The Fed also noted that it will decide whether it will raise rates in December — since the Fed mentioned December many…
The ECB and PBOC aim to help stimulate their economies: The ECB by hinting of more QE to follow and PBOC by cutting rates again. For gold and silver, a stronger U.S. dollar, brings down their prices. And these decisions…
We begin by drilling down Draghi’s 5 drags on the euro and continue with what’s going on with the Canadian dollar and the downside pressures. We then take a deep dive into silver ETFs, ETNs and other investment paths of the precious metal before…
While the U.S. awaits for the Federal Reserve to raise rates – and for now it seems less likely it will occur anytime soon – the ECB is taking the lead in order to provide more liquidity to the markets,…
The ECB’s decision to heavily hint of more stimulus up ahead was enough to bring down the Euro. And soon after even POBC also upped its ante by reducing rates as well. Now this week the attention will move towards…