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 NFP report was better than expected with a gain of 271K jobs and growth in wages of 2.5%. This report rekindled the belief of a possible rate hike by the Fed in December. On this week’s agenda: U.S. JOLTS,…
The Fed’s decision helped pull back up the U.S. dollar – as more people think the Fed may actually raise rates in December. But it’s far from certain and the latest GDP for Q3 shows the U.S. economic growth isn’t…
The ECB’s decision to heavily hint of more stimulus up ahead was enough to bring down the Euro. And soon after even POBC also upped its ante by reducing rates as well. Now this week the attention will move towards…
The U.S. dollar took another hit last week mainly against the Yen, Aussie dollar and British Pound. The depreciation of the USD provided some back-wind for commodities including oil and gold. This week, the main events include: ECB rate decision…
The minutes of the FOMC didn’t offer much news and left the market guessing as to the timing of the Fed’s rate hike. On this week’s agenda we have the U.S. JOLTS, BOJ’s minutes of last meeting, EU CPI, U.S.…
Another disappointing non-farm payroll, in which only 142K jobs were added in September. Moreover, there were downward revisions for the two previous months for a total of 59K jobs. This puts into question whether the Fed were to raise rates…
The U.S. dollar resumed its upward trend and strengthened against leading currencies including the Euro and Yen. The recent hawkish remarks of FOMC Chair Yellen along with the modest upward revision of the US GDP provided some backwind for greenback.…
Not only the FOMC opted out from raising rates – with only one dissenter for a rate hike in September – but it also tilted the markets as the members voiced their concerns over the global economy. This decision will…
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…