Impact and Outlook for the U.S. Economy on Rate Cut - September 23, 2024 0:38

This week’s Federal Reserve cut in interest rates by a half-percentage point rippled through the U.S. economy, with economists, business owners, and investors pondering its impact. Not only did the rate slash, which reduced borrowing costs from their highest in two decades, resulted in America’s major share indices declining on the day but sharply recovered. […]

FOMC Begins to Raise Rates to Get Inflation into Check - March 19, 2022 11:27

The Federal Open Market Committee raised the federal funds rate by 0.25 at the conclusion of Wednesday’s two-day policy meeting. This brings the target range from 0.25 to 0.50 percent. This is the latest step in the recovery of the US economy from the pandemic, and it’s the most significant to date to fight the […]

Gold Prices Holding Firm Above $1500 - January 20, 2020 12:34

Gold prices have seemingly found a comfortable level above $1500 this last week. This comes after a phenomenal rise in late December in anticipation of the USA China trade deal being signed off and the President’s impeachment. This rise continued to accelerate into January when the USA assassinated the Iranian General Qasem Soleimani. Worries of […]

Gold Price Hitting New 6 Year High But Will It Continue? - June 26, 2019 11:29

Gold prices have been on a fantastic run higher for the last 4 weeks after a breakout of the early 2019 range. The breakout came with the speculation that the Federal Reserve may begin to lower interest rates after a period of hikes. Whilst no rate cut has yet been implemented there are many commentators […]

Gold Prices – Have We Hit The Resistance? - January 15, 2019 11:23

The strength of Gold prices has remained high over the last 10 days since reaching the resistance at just under $1300. If you look left on a daily chart, you can see this was the area that clearly broke down in June 2018. Gold is fighting against higher prices here, a true battle of bulls […]

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 […]

Gold Prices and Why There’s Nobody Buying - May 8, 2017 10:41

At the back end of last week Gold prices slid to levels not seen since mid March, all-in-all it was Gold’s worst performing week of 2017 so far. The recent strength of the US Dollar put pressure on Gold as expectations of a rate rise grow. The US Fed gave indication that planned rate rises […]

Forex Outlook for the Week Ending June 15th - June 13, 2012 14:47

Major economic factors which could significantly impact the forex markets and currencies trading for the week ending June 15th, 2012 are as under: On Monday, France reported its data on industrial production and manufacturing production in the euro zone. Italy also reported its official figures on gross domestic product. United Kingdom came up with data […]

Forex-Weekly Outlook - March 6, 2012 23:09

Major economic events which have significant impact on forex markets for the week ending March 9th, 2012 are as under: On Monday, data on French and Italian purchasing managers Index was published in the euro zone while single currency region published its separate data on purchasing managers index for services sector. The euro zone also […]