The talks over the Trump trade continue to cool down as the markets are slowly adjusting to the fact that perhaps there will be far fewer legislations passed under the current administration – including on tax reform, health care and…
The recent debacle of the GOP over its attempt to pass healthcare legislation (repeal and replace the ACA) has put into question, at least for some market participants, whether other legislations will pass – including tax reform. This shift help…
The NFP report came better than expected – 235K jobs added in February – enough to clear the path for the Fed to raise rates in the upcoming meeting that will conclude on Wednesday. This news, however, doesn’t vote well…
The U.S. non-farm payroll, yet again, beat estimates on jobs growth: 235K vs an estimated growth of 196K (The ADP estimated a gain of 298K jobs) in February; and wage growth came at 2.8% in annual terms – in line…
Fed officials were able to influence markets that a rate hike in March is a very likely option. This shift has not only raised long term interest rates but also bullion price. This week the markets will look for additional…
The bullion market is still on a roll with gold and silver gaining nearly 2% last week, as the USD devalues against the Yen and long term interest rates fall – the 10yr Treasury yield fell to 2.31 on Friday…
Gold and silver continued their upward trend as the growing concerns over how the Trump administration is shaping up are starting to raise the unrest in the markets. The talks over fiscal policy, trade policy and border adjustment tax, just…
The U.S. non-farm payroll came higher than expected in terms of job growth: 227K vs an expected growth of 170K (The ADP estimated a gain of 246K jobs) during January; conversely, wage growth was only 2.5% in annual terms –…
The markets are slowly realizing that perhaps the U.S. fiscal stimulus may not come anytime soon and perhaps some of its – mostly in the form of tax cuts – will be executed in 2018. But for now, the markets…
So the Trump train is still flat on its tracks as the “risk-on” mode in the markets is slowly dissipating. But this doesn’t mean, it’s going to be smooth sailing for gold and silver even though both metals have rallied…