The focus shifts in the week ahead from Yellen’s testimony and disappointing data to the ECB meeting which is expected to result in a further modest adjustment in its risk assessment. While the...
The two main benefits of owning common shares of a publicly-traded corporation are: Your claim on earnings Your claim on assets Accordingly, a company’s ability to use its assets to generate earnin...
The Canadian dollar rally continued last week, as USD/CAD dropped 250 points. The pair closed at 1.2633, its lowest weekly close since April 2016. This week’s key events are CPI and Core Retail S...
Following May’s disappointing MoM collapse in industrial production growth, economists had hoped for a modest 0.3% rebound and were pleasantly surprised with 0.4% gain in June (and upward revisi...
Earning season kicked off in earnest last week with some of the biggest banks releasing their results for Q2. Citigroup (C), JPMorgan Chase (JPM) and Wells Fargo (WFC) all traded lower following the r...
Welcome to the 400th consecutive Saturday penning of The Gold Update, double the number we’d intended to write until you cherished readers reversed our intent for “Gold 2000 or 200 miss...
Happy Bastille Day! Pres. Trump is in Paris as the representative of the country which 100 years ago sent troops to France under the slogan: “Lafayette, nous voilà” or Lafayette, here we are! He ...
AUD/USD reversed directions last week and jumped over 200 points. The pair closed at 0.7817, its highest weekly close since April 2016. The major event this week is Employment Change. Here is an o...
A year ago, speculators accumulated net long contracts on gold that exceeded anything seen since at least 2008. Starting in late 2015, silver speculators set several such records with the latest set j...
For the 4th month in a row, CPI missed expectations (unchanged MoM vs expectations of a modest 0.1% rise). Across the board consumer price rises disappointed economists’ guesses with Core CPI ...