Posts Tagged ‘taper’

Silver Hit Hard Despite Industrial and Retail Demand

by Christopher Lemieuxon May 1, 2014 9:01 pm BST
The precious metals complex has been taken to the woodshed, and silver’s association with gold is not helping. Despite seeing demand for industrial purposes and retail investing, silver has broken $19 per ounce for the second time in two months. Traders are selling silver due to the complacency in the high risk appetite with equities continuous making […]

Gold Sways From $1,300 as Russian-Ukraine Tensions “Ease”; FOMC In View

by Christopher Lemieuxon April 29, 2014 12:34 pm BST
Gold pulls back from $1,300 per ounce as the Russian-Ukraine tensions “ease” after it is reported that Russian President Vladimir Putin is stepping up to the table in order to converse about the current situation. This is coming after fresh sanctions are placed on additional Russian officials and corporations. The sanctions still are viewed as […]

With Deflation Looming, the ECB is Expected to Do Nothing Thursday

by Christopher Lemieuxon April 1, 2014 1:56 pm BST
The European Central Bank (ECB) President Mario Draghi may not be concerned by deflation, but the data is pointing to further slowdown of inflation within the eurozone. With this potential looming, the ECB is expected to hold where they are; but, do not worry! The ECB will likely to repeat their haphazard statement that the […]

Yellen Expected to Adjust Forward Guidance

by Christopher Lemieuxon March 19, 2014 7:07 am BST
The Federal Reserve is expected to continue the tapering of their asset purchasing program by $10 billion to $55 billion per month at today’s FOMC minutes later this afternoon. This marks the first minutes meeting and press conference for new chair Janet Yellen, and market participants are looking for tweaks in the form of interest […]