The market volatility in the markets is slowly returning as we are exiting the summer slumber and into September. We kickoff the month with rate decisions by ECB, BOJ, BOE, RBA and BOC, while in the U.S the NF payroll,…
Precious metals prices fell again last week, as the USD pulled up. This week, the GDP for Q2 and PCE will be release in the U.S, which could impact the bullion market. The recent Jackson Hole Symposium ended with Yellen…
This week, the main U.S economic reports to be release are the GDP for the second quarter and the PCE. The core durable goods, consumer confidence and consumer sentiment will also be out during the week and may impact the…
Precious metals resumed their downward trend last week, while the USD and U.S equities rallied. Nonetheless, gold price is still up by 1.8% during August, up to date, but silver is down 4.3%. This week, the minutes of the FOMC…
Oil and natural gas continued to trade down on a weekly scale along with precious metals. These losses were recorded after the USD slightly recovered against leading currencies such as Euro and Yen and U.S equities traded up. On this…
Gold changed direction and bounced back mainly on Wednesday, while silver dwindled on a weekly scale. Moreover, on a monthly scale gold is up by over 2% and silver is down by a similar rate (up to date). What is…
The commodities markets moved in an unclear trend last week as oil remained nearly flat, natural gas bounced back, silver traded down and gold rallied. On this week’s agenda: U.S consumer sentiment, GDP reports for the second quarter from Japan,…
Precious metals fell again during last week until Friday when the non-farm payroll report showed a gain of 209K in jobs – less than market expectations. Earlier this week, the FOMC decided to taper again its QE3 program and had…
Most leading commodities took a nose dive last week, while USD rallied against leading currencies. Â This week, BOJ, BOE, RBA and ECB will have a rate decision meeting, in the U.S several economic reports will come out including non-manufacturing PMI,…
U.S. employment rose 209K, according to the Bureau of Labor Statistics. This figure came short of market expectations as the ADP report showed that private non-farm payroll grew by 218K during July. According to the latest U.S. employment report, the…