Here is a short overview for the week of February 15th to 19th of the main report and events of the week including: Minutes of last FOMC meeting, U.S. CPI, Philly Fed index, German ZEW economic sentiment, U.S. PPI, GB’s…
The recovery of gold and silver slowed down as two forces moving in opposite directions impacting precious metals prices: The rally of USD – dragging down PMs – and the rise in global economic gloom as reflected by lower long…
Here is a short breakdown for the week of January 18th to 22nd of the main report and events of the week including: ECB rate decision, U.S. CPI, Philly Fed index, German ZEW economic sentiment, BOC’s rate decision, U.S. industrial…
The main event of the month – the FOMC meeting – will be the focus of the week and is likely to move markets regardless of its outcome. The outcome will only play in determining market volatility and direction. A…
The weakness of precious metals continued in the past few days as the U.S. dollar keeps climbing and the market becomes more convinced that a December rate hike is a strong possibility. The gold and silver prices have not only…
The recent recovery of the U.S. dollar also led to a fall in commodities prices including oil, gold, copper and silver. Even though the market is more incline to believe the Fed will raise rates in December, it doesn’t seem…
The gold and silver market, continued their rally from the previous week – following the weaker than expected NFP report. This time, the minutes of the FOMC didn’t offer any big headlines and updates about the Fed’s decision or the…
Gold and silver prices fell again last week, as the U.S. dollar depreciated against leading currencies. Will gold and silver change course this week? We could dance around the obvious and talk about the other reports and events that are…
The main event of the month is upon us – the FOMC meeting. Even though the expectations for a rate hike at this time are low, market volatility is still likely to pick up regardless of whether the Fed push…
The Chinese move to devalue its currency was a step in the right direction for China’s economy. But for now there are no expectations for any additional sharp changes in the value of the yuan. The bullion market seems to…