Posts Tagged ‘unemployment’
Gold and Oil News - September 6, 2013 13:53
Jobs Number Sends Gold Back Near $1400
The market’s knee-jerk reaction to this morning’s Non-Farm Payroll miss — 169,000 jobs vs. expectations of ~180,000 — sent everyone intorisk-offmode as Gold spiked more than $20 on the news to trade around the $1390 level. Silver rose $0.60 and looks like it will challenge the elusive $24 area as we approach the end of […]
Gold Rebounds Despite Euro Weakness
When the full extent of the horror show that is the final solution to the Cyprus problem finally hit the newswires, the Euro exploded to the downside taking gold and silver with it. The problem, of course, is that Cyprus might not even be fixed, just like Greece was never fixed.  Moody’s is convinced it’s […]
NFP Beat Stuffs Gold But Ends Higher on the Week
The final Non-Farm-Payroll report from the U.S. Bureau of Labor Statistics led with a headline drop of 0.3% in the U-3 Unemployment Rate in September, allowing President Obama the opportunity to crow about how many McJobs he created in his 4 year term and that’s why we should give him another 4 years to finish […]
Weekly Forex Outlook
Major economic events which have a significant impact on the forex markets for the week ending January 27th, 2012 are as under: On Monday January 23rd, 2012, report on consumer confidence was released in euro zone. In Canada, index of leading economic indicators was released while in Australia, government data on producer price inflation was […]
Weekly Outlook for Forex Markets
Major economic events to hit the forex markets in the current week and which can affect the trading of major currencies are as follows: On Monday markets in United States, United Kingdom, Japan, Australia, New Zealand and Europe remained closed due to national holidays for the New Year. On Tuesday, January 3rd, 2011, United Kingdom […]
Forex Market Outlook for the Week Ending December 30th
Major events to affect the forex markets for the week ending December 30th, 2011 are as follows: On Monday, markets in the euro zone, United Kingdom, Australia, New Zealand and United States remained closed in observance of the Boxing Day Holiday. On Tuesday, December 27th, 2011, industry data on house price inflation will be released […]
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