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  1. Weekly Outlook for 9-13 April 2012

    by , 04-08-2012 at 02:05 AM
    During the second week of April there are several financial publications hat may affect forex and commodities. Among the reports to be published are: U.S. consumer price index, American and Canadian trade balance, Bank of Japan's monetary policy and rate decision, U.S PPI, Federal budget balance and U.S. jobless claims. Here is an outlook for the week of April 9th to 13th that highlights news items regarding to the U.S., Canada, EU, China. Japan, and Australia.
    For the complete weekly outlook on commodities and forex –Trading NRG
    (All times GMT):
    Monday–China's Trade Balance: according to the previous report, China's trade balance changed direction from a $27.3 billion surplus to a $31.5 billion deficit; if this ...
    Tags: gold, usd
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  2. Gold & Silver | Weekly Recap April 2-6

    by , 04-08-2012 at 01:23 AM
    Gold and silver shifted very promptly during last week. They have both started very strong and thus continued their upward trend from the previous week, but then the minutes of the last FOMC meeting were published. In the minutes it was strongly suggested there is no need for the time being for any further intervention by the Fed (i.e. no additional stimulus plans) until the U.S economy will show additional signs of slowdown. Many commodities prices reacted the following day and plummeted including gold and silver prices. The following day gold and silver bounced back a bit as a correction to their fall. By the end of the week the U.S non-farm payroll report came out and showed a moderate growth of 120k in employment; this figure was below ...
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