The U.S. non-farm payroll report came up short with only 173K jobs added in August. The ADP report estimated an increase of 190K jobs and the market expectations were at 220K for August – this means the NFP came by…
The oil market has taken another beating in the past few days. Many speculate this recent plunge in prices could be related to the potential nuclear deal with Iran and the latest fears about China’s economic growth. In either way,…
The high volatility in the financial markets has also kept moving gold and silver prices – albeit mostly downward. Although they did bounce on Friday, precious metals were still down for week: gold and silver fell by 2% and 5%,…
The U.S. GDP came up higher than expected at 3.7%. And this was enough to through China’s woes out the window and drive back up equities and energy commodities prices. But this could all change if the upcoming NFP report…
It is unusual to see such strong action in August and lots more is coming. We look at the major phenomenons: the situation in China and the euro’s erratic behavior before previewing the big events ahead. You are welcome to listen, subscribe…
So the recent U.S. GDP report (second estimate) came out and showed a higher-than-expected growth rate of 3.7% in Q2 –market expectations were around 3.2% and the pervious estimate was only 2.3%. This was enough to drive back up equities…