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Dec 14, 17 •
3366 Views •
Morning Roll Call •
Zahir Shah
Comments Off on FOMC raise interest rate to 1.5%, DJIA rises, U.S. dollar slumps on Fed outlook, gold spikes to reach $1255 per ounce
As widely expected the FOMC raised the upper bound interest rate to 1.5%, the Fed’s committee also confirmed that it would begin to reduce it’s massive $4.5 trillion balance sheet, by $20b a month, beginning in February 2018. The FOMC also committed to...
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Jun 21, 12 •
3703 Views •
Between the lines •
admin
Comments Off on Deciphering Fed Speak
Equities showed some volatility surrounding the decision, but closed nearly unchanged. US Treasuries were down ahead of the decision and some curve plays occurred, according to the twist script, which led to an outperformance of the long end and a bear...
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Jun 20, 12 •
2960 Views •
Forex Precious Metals, Forex Trading Articles •
admin
Comments Off on Gold before the FOMC
Equities are trading up after increased import and export figures from Japan supported gains. The G-20 summit endorsed policies related to the Spanish Banks as the yields of the 10-year bond has increased above 7 percent hitting a record high for the EU at...
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Apr 27, 12 •
4153 Views •
Market Commentaries •
admin
Comments Off on Gold Bounces On The FOMC
After the main event of the week, the FOMC meeting on Wednesday, gold futures ended down only $1.5 or -0.09 percent. Mid day gold fell $15 to $1,625 after the FOMC policy statement was released, and then swiftly rebounded to $1,650 and settled at $1,642.3....
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Apr 25, 12 •
5267 Views •
Market Commentaries •
admin
Comments Off on The Main Event This Week Was A Dud
The main event this week—the Federal Open Market Committee meeting/Ben Bernanke press conference—concluded today. Markets and investors, news casters and financial analysts had built this into the meeting of all meeting, market expectation were high,...
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Apr 24, 12 •
3925 Views •
Market Commentaries •
admin
Comments Off on What’s In Store For The US For The Rest Of The Week
Markets and investors have been totally distracted this week by the upcoming FOMC meetings and the BoJ rate decision and political problems in Europe that we have not focused on hard core economic data. This week has a lot in store outside of those main...
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Apr 10, 12 •
3290 Views •
Market Commentaries •
admin
Comments Off on Crude Oil And Speculators Hamper Economic Recovery
Just a year or so ago, when brokers and economists were pointing that we might be facing $100.00 oil prices, everyone shook their heads and laughed. Sure oil surged up to hit $100.00 now and then but quickly fell again. With the world in recession, demand...
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Apr 3, 12 •
5762 Views •
Market Commentaries •
admin
2 Comments
Gold futures are likely to edge higher this week in low volume trade, helped by a weaker dollar overseas, though prices could be weighed by poor demand as jewelers’ continue their protest against levies. A director at Commtrendz Research commented: The...
