Fed Wants To Raise: Regardless
The market is beginning to price in a Fed rate hike for September. The Fed has no justification for raising rates other than for purposes of saving face.
Read moreExpect To See USD Strength As Markets Price In A Sept. Rate Hike – BNP Paribas
The U.S. dollar is starting the new trading week relatively flat; however, currency analysts at BNP Paribas are expecting to see higher prices, forecasting the Federal Reserve will raise interest rates next week.
Read moreWorld Stock Markets Pressured by Specter Of Tighter Central Bank Monetary Policies
(Kitco News) – World stock markets are lower to start the trading week Monday, following the sharp losses seen in the U.S. stock indexes last Friday.
Rumors Drag Down Markets Going into Weekend
The old adage “buy on the rumor, sell on the fact” was turned on its ear today as rumors fueled the tanking of gold and silver; equities in the U.S. and Europe; and crude oil.
Wall Street Falls on Fed Comments
(Kitco News) – Weaker equities as a result of hawkish comments from Fed members caused last minute pressure in gold according to one trader.
Read moreWake Me Up When September Ends
September has officially started and it’s still anyone’s guess as to what the Fed will do at its upcoming meeting this month.
Friday Curveball; Equities Trade Lower as Fed Fears Loom
U.S. equities traded lower on Friday as fears that the Federal Reserve might raise interest rates this month ensued following a speech made by a Fed official.
Read moreFed Comments Will Dominate Gold Market Next Week – Analysts
(Kitco News) – A preponderance of hawkish central bank comments lately is helping to weigh down the gold market and that is not expected to change next week, according to some analysts.
Read moreGold Has A Date With The Fed On Sept 21 – Gold Survey
Gold will likely trade sideways to lower until the September Federal Reserve meeting is out of the way, that seems to be the predominant sentiment among Wall Street experts based on the latest results of the Kitco News weekly Gold Survey.
Read moreGold And Presidential Politics: Why Your Vote May Not Count
The winds are changing. Come 2017, there will be a new occupant in the Oval Office in Washington, D.C. However, it may be disturbing to know that your vote may not really matter, depending on what state you live in.
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