Monday started with a risk-positive footing after the miss from the US ISM Manufacturing data. A miss across the board sent investors running to sell the USD, buy gold and…
On Friday we have CAD jobs data and the US NFP data. Both reports are worth catching and here is the outlook and what to look out for. Canadian jobs…
The latest move by the Federal Reserve has affirmed that tackling inflation is the number one priority of the Federal Reserve, even if it means bringing the US into what’s…
The Fed is widely expected to hike interest rates by 75bps this Wednesday. Short-term interest rate markets are seeing it as a 100% probability and the same markets have a…
As we start the week there is a big challenge for gold. Last week’s hot CPI print led to increased expectations of a 100bps rate hike. Short-term interest rate markets…
Gold and silver markets have both been pressured over the last few weeks on expectations of aggressive Fed hikes. On Tuesday this week both headline and core inflation printed at…
The main data focus for today is the US CPI print as markets will use it in order to try and time the pace of future US rate hikes. The…
Last week we anticipated that aggressive expectations on central bank rate hikes would likely pressure stocks, which they did all week. The key focus of this week is all about…
The run-up to the Jackson Hole Symposium has been one in which yields have been rising, stocks selling, and the dollar surging. Why? On expectations that the Federal Reserve is…
At the last Jackson Hole Symposium Jerome Powell expected inflation to be transitory. He also told participants that he saw little evidence of wage increases at the time that might…