Dow Jones Stumbles and Reverses on Fed Unchanged Interest Rate - September 21, 2017 11:02

The US federal reserve released their quarterly interest rate decision in the United States. They left rates on hold for the next period but hinted at a rate hike maybe on the cards before the end of this year. Once again the Federal Reserve suggested that interest rates are due to rise again. Even though […]

Fed Meeting Set To Show The Way - September 21, 2016 12:30

The next installment of the Federal Reserve meeting, with the press release that is published at close the meeting of the Monetary Policy Committee. This is followed by a press conference hosted by the president of the Fed, Janet Yellen. All eyes are on comments surrounding interest rates, and how the Fed see’s the economy […]

Gold Prices Spike Higher On Increased Israel Tension - July 10, 2014 13:38

Once again we see Gold prices are starting to creep higher. If you have been following my recent comments, this should be no surprise, but increased unrest in the Middle East and not even a hint of information on when interest rates may increase in the USA has given the green light to further gains. […]

The FTSE 100 Bounces Back – Now Eyes Are On The Fed - April 9, 2014 10:40

Following on from a strong session in the USA overnight, the FTSE 100 gained in early London trading, adding 40 points within the opening hour. Leading stocks were mainly from homebuilders, ARM Holdings and Standard Chartered. The Nasdaq gained during a positive session after its worst few days in around 3 years. Also holding strong […]

Gold Continues to Fail at $1400, No Momentum Allowed - May 22, 2013 0:52

On a day where FOMC chairman Ben Bernanke was testifying there was little hope that there would be any upside breakout to the price of gold.  We had two other Fed governors come out to talk up and down the efficacy of quantitative easing and a continuation of mad hedge fund shorting at lower price […]

Gold Drops on Eurozone GDP Horror Show - February 14, 2013 21:39

For those that missed it, Gold re-coupled with the Euro in early January after the ECB’s policy meeting and Mario Draghi’s comments on about the direction of ECB monetary policy for the medium term — think tight.  Since that day the daily directional moves in Gold and the Euro have been in sync, with Gold’s […]

Oil, Iran and the West - September 25, 2012 23:28

Oil prices ended down Tuesday after opening sharply higher in a market weighed down from the speech by an officer of the Federal Reserve of the United States (Fed) questioning the effectiveness of the latest stimulus from the institution. Crude oil futures in New York did not go positive into the green all morning, supported […]

Bernanke Threatens Extension of QE past $600 Billion - December 6, 2010 17:51

Bernanke the chairman of the federal reserve has said today that the US might need to extend bond purchases past the the $600 billion announced last month to spur on economic growth. The argument for this extension is based upon fears that the US economy is expanding at a bairly sustainable pace and ongoing fears […]

Is the Fed’s Stimulus Package and Inflation Time Bomb? - November 3, 2010 18:24

The Fed’s announcement will be upon us very soon. Traders now wait with baited breath to see whether the Fed will deliver just what everyone expects them to deliver. They will probably restart the asset purchasing program this evening even as growth is expected to accelerate to 2.6 in the second quarter of next year. […]