The commodities markets mostly rallied following the positive release of the U.S NF payroll report, in which 288k jobs were added during April. This week several reports, decisions and events will take place including: ECB, BOE and RBA rate decisions,,…
Gold and silver had a slow downward trend during most of the week only to bounce back on Friday following the release of the U.S non-farm payroll report. Gold ended the month modestly rising, while silver slipped. In the forex…
According to the recent Bureau of Labor Statistics monthly report, total U.S. employment augmented by a higher than anticipated pace: According to the ADP report, private non-farm payroll grew by 220k during April: In the recent U.S. employment report, which…
The gold and silver market cooled down along with the rest of the financial markets as precious metals didn’t do much on a monthly scale. Even the recent FOMC meeting, in which the Fed decided to taper again QE3 by…
As anticipated, the FOMC tapered again its asset purchase program, AKA QE3, from $55 billion a month to $45 billion a month. This is the fourth consecutive tapering decision, which first started back in the last FOMC meeting of 2013.…
Gold and silver moved sideways during the previous week only to slightly rise on a weekly scale. The economic reports that were released last week showed a modest slowdown in the U.S and may have contributed to the modest rise…
The forex and commodities markets didn’t move in a clear direction last week but this is likely to changes in this fully packed week ahead of us. This week many news items, decisions, speeches, press conference and events could affect…
Gold and silver moved in an unclear trend and slightly rose last week. In the forex market, the U.S dollar also slightly depreciated against the Euro and Japanese Yen. This modest depreciation of the US dollar may have contributed to…
The precious metals market cooled down last week. Last week, the FOMC Chair Janet Yellen talked about the Federal Reserve’s policy and reassured that the Fed will maintain the low rate even if the U.S economy reaches the FOMC’s targets…
The energy commodities markets mostly heated up including oil and natural gas; precious metals cooled down following the positive reports from the U.S regarding this economy’s progress; in the forex market the USD rallied against leading currencies including Euro and…