FOMC

Image via Federal Reserve The big day is finally here, and all eyes are headed towards the Federal Reserve's decision and Janet Yellen’s press conference. This event might have the biggest impact on the market this week, but that depends…
Read More

The South African Rand poses a steady challenge to the US dollar as prices continue to fall giving up most of the gains made earlier in August. Latest fundamentals hitting the wire included today's headline inflation figures. Data from…
Read More

Image via World Economic Forum Will investors cheer or boo the BoJ's policy decisions this week? Fed rate hike is down to the wire RBNZ remains overshadowed by BoJ and Fed The Japanese yen managed to come out with some gains…
Read More

Gold bulls cannot afford to be complacent over the next few days as the Bank of Japan, and the FOMC monetary policy meetings will likely see the temporary lull in the precious metal giving way to strong price action. Price action continues…
Read More

Market Summary Fed member, Lael Brainard delivered a speech at the Chicago Council of Global Affairs yesterday Brainard’s comments were dovish as she maintained that the case for rate hikes was less compelling China industrial…
Read More

Lael Brainard, a member of the U.S. Federal Reserve's Board of Governors; Image via World Economic Forum Market Summary Japan core machinery orders rebound in July Japan PPI declines, but at a slower pace US dollar trades…
Read More

After a brief pause on Monday, gold saw renewed bullish momentum as prices surged back to regain the $1350 handle. The gains came after yesterday's Institute of Supply Management's non-manufacturing PMI report. Data showed that the services…
Read More

The precious metal closed 1.49% lower last week following Friday's speech by Fed Chair Janet Yellen at the Jackson Hole symposium. Joining the chorus of other FOMC members, the markets are currently re-pricing the expectations of a rate…
Read More

The Fed's FOMC meeting minutes were released yesterday from the July 26 - 27 FOMC meeting where interest rates were left unchanged. The minutes showed that many voting members of the FOMC expect to see higher interest rates soon, but the…
Read More

Monday was a fairly quiet day of trading with the economic calendar being light. The markets were trading flat for the most part. Focus was on the Japan trade balance data, which increased to 0.33 trillion yen, beating estimates of 0.24…
Read More