Category: Economic News
FX Friday Global Currency Review & Forecast For 10-07-16
Week Ends With a British Pound Flash Crash & a Non Farm Payroll Miss. The Dollar Index* rose all week on continued Fed insistence that a rate hike was on […]
FX Friday Global Currency Review & Forecast For 9-30-16
All Eyes on German Banking Sector It wasn’t supposed to come to this. The Germany banking sector is commanding the focus of market participants this week. Germany’s second largest bank […]
Janet Yellen Grilled Over “Political” Fed
If the Economy is Doing So Well, Why are Interest Rates So Low? Janet Yellen testified yesterday in front of Congress. She was grilled aggressively by Scott Garrett a Congressman […]
FX Friday Global Currency Review & Forecast For 9-23-16
Fed Gives Up the Spotlight. The Fed’s September open market committee meeting on September 20-21 came and went without an interest rate hike. All year the Fed has managed to […]
Fed Meets, Does Nothing
Same Old Song and Dance From The Fed Re Rate Hike Policy The Federal Reserve ended its two day meeting yesterday and concluded that while the economy was ‘picking-up’ and […]
Russia Adds Nearly Twenty-Two Tons of Gold To Reserves
Even as Russia Struggles With Budgetary Issues, it Adds Gold to Reserves. The Russian Central Bank announced this week that its gold reserves had reached 49.1 million troy ounces (approximately […]
FX Friday Global Currency Review & Forecast For 9-16-16
Up Next Week: Fed Meeting – Rate Hike Fears Still Linger The Fed’s upcoming open market committee meeting on September 20-21 remains on market participants’ minds as the possibility of […]
America The Beautiful Five Ounce Silver Coins Regain Popularity
The United States Mint’s Five Ounce Silver Bullion Coins See Sales Burst Sales of the U.S. Mint’s ‘other’ silver bullion coin, the American The Beautiful (ATB) coin have surpassed all […]
The Last Fed Speech Before The Fed’s September 20-21 Meeting Was Dovish
Fed Governor Lael Brainard and the “New Normal” Fed Governor Lael Brainard gave a speech yesterday entitled: ‘The “New Normal” and What It Means for Monetary’. Last month, Fed Chair […]
FX Friday Global Currency Review & Forecast For 9-09-16
Fed insists Rate Hike Still On the Table Despite Recent Poor Jobs and Economic Reports The Fed reappeared on market participants’ radar screens last month when a few Fed Presidents […]
August Silver Eagle Sales Fall As Gold Eagle Sales Surge
Sales of American Silver Eagle Coins Fell Again in August. American Gold Eagle Sales Rise Sharply After selling an average of more than four million one ounce American Silver Eagle […]
FX Friday Global Currency Review & Forecast For 9-02-16
Federal Reserve Remains at the Center of Attention Again Last week, we noted that the Fed had been out of the spot light for a few weeks. When that happens, […]
FX Friday Global Currency Review & Forecast For 8-26-16
Federal Reserve at Center of Attention Again Having been ignored for a few weeks, the Fed is back at the center of attention. Fed Presidents Dudley, Williams and Lockhart have […]
China and Russia Increase Gold Reserves, Shed US Treasuries
China and Russia ‘De-Dollarize” Their Foreign Reserves Swapping Gold For U.S. Treasuries The United States dollar has been the world’s reserve currency since 1944. Countries hold their dollar assets in […]
Russian Gold Reserves Reach 1,500 Tons
Russia Added over Six Tons of Gold to Her Reserves in July The Russian Central Bank announced this week that its gold reserves had reached 48.4 million troy ounces (approximately […]
FX Friday Global Currency Review & Forecast For 8-19-16
Fed Talk of Rate Hikes Back on the Table The Federal Reserve is publically talking about rate hikes again, and soon. Earlier this week, Fed Presidents Dudley and Lockhart woke […]
The Return of The Fed Interest Rate Talking Game
Fed Open Mouth Operations Are No Substitute for Interest Rate Hikes As the U.S. enters the final 100 days of the presidential campaign, the Federal Reserve has not yet raised […]
Gold and Inflation
Gold Can Perform Well in High and Low Inflation Environments Why gold performs well in high inflation environments Price inflation One of the classic and compelling reasons to own gold […]
FX Friday Global Currency Review & Forecast For 8-12-16
Declining Worker Productivity Contradicts Robust Economy Narrative The solid non farm payroll, unemployment and Job Openings and Labor Turnover Survey (JOLTS) numbers emanating from the U.S. Bureau of Labor Statistics […]
FX Friday Global Currency Review & Forecast For 8-5-16
Weak GDP Numbers Call Into Question Strength of U.S. Economy – Boost Gold and Silver There is an optimistic story about the U.S. economy that heralds the “solid” job growth […]