The recent plunge in the markets on Friday seems to have been the result of the anxiety of traders over a possible rate hike by the Fed, which may occur as soon as this month. The upcoming reports from the…
Gold and silver didn’t do much throughout most of last week until Friday when the non-farm payroll report presented a gain of only 151K jobs – lower than expected – and even the annual growth in wages also fell short…
The recent NFP report came a short than expected in terms of headline growth in jobs and wages, and is likely to reduce the chances of a rate hike this year by the FOMC. This week the focus will come…
The U.S. non-farm payroll fell short of market expectations with 151K jobs in August: The ADP estimated a gain of 177K jobs while the market expect a gain of 180K. The growth in wages, was also lower than expected as…
Bullion prices took another beating in the past week as the markets are slowly raising the chances of rate hike this year by the Federal Reserve. But this could all change if the upcoming NFP report falls short of market…
The talks over a possible rate hike in the past week have also helped pull up the USD and bring down commodities prices. And this week’s NFP report will play a key role in moving market expectations regarding a possible…
This week’s Jackson Hole Symposium will have the markets looking forward for Yellen’s speech on Friday, but this speech could end up disappointing as it may not provide more guidance from the Chair of the FOMC. Other reports and events…
Precious metals prices remained relatively flat throughout the week; the recent economic data from the U.S. including retail sales were slightly disappointing but not enough to change much market sentiment nor interest rates. Looking forward, some major economic data from…
The volatility in the markets may have subsided. But this week we will see several hard data points from the post-Brexit UK; these economic reports are likely to lead the way in the financial markets including CPI, Claimant Count Change…
Gold and silver didn’t perform well last week as the NFP report showed, once again, a better than expected headline figure with a growth of 255K jobs – compared to an expected gain of 180K; also, the BOE, as expected,…