President elections

The attention of the whole world will shift to the US next week as the country elects its 45th President. The markets remain in a jittery mode with the outcome of the polls likely to swing in either direction in a short trading week. US and Canadian markets are closed on Friday. Many still project that the Democratic candidate, Hillary Clinton w...

2016-11-07 John Benjamin Read more
Clinton_debate_1010

The currency markets will be looking to a slow start next week with Japan, US and Canada closed for business on Monday. However, the action kicked off early with the second US Presidential debate late Sunday (Eastern Standard Time). On the economic front, the FOMC meeting minutes and Fed Chair Janet Yellen’s speech on Friday will be the most ant...

2016-10-10 John Benjamin Read more
Clinton polls

Clinton 10 Poll Average Jumps Looking at the average of the last 10 nationwide polls as of Monday October 3rd it is clear to see that Hilary Clinton’s lead is firming up. The candidate for the Democrats has 46.1 points to Donald Trump’s 42.4. This marks clear improvement in Clinton’s ranking when compared to average of the prior 10 polls taken ...

2016-10-05 James Harte Read more
Raw Gold_Volatility

Gold prices managed to post a rally the week during the FOMC meeting. With the central bank holding rates steady, gold prices eased back forming nearly three days of closing flat. The double inside bar pattern on the daily chart saw prices breaking out strongly yesterday indicating near-term declines. Support is seen at 1314 - 1300 on the daily ...

2016-10-10 John Benjamin Read more