The Federal Reserve’s interest rate decision was set up to be the primary driver for market moves this week until President Trump announced further tariffs on China on Thursday. Friday’s Non-Farm Payrolls report also added to market jitters as it seemed to reinforce the idea that the Fed could place further rate cuts in a holding pattern.
This week and next will be shortened holiday weeks due to the timing of religious holidays this year. With the release of the Mueller report, which found no collusion with Russia and no obstruction of justice on the part of President Trump during the 2016 Elections, American politics is likely to explode into chaos in the near term. The Democratic Party is almost certainly going to redouble their efforts to block President Trump’s legislative agenda at every turn now that the basis of their calls for impeachment has been essentially eliminated.
The Precious Metals Week in Review – December 29, 2017
The Precious Metals Week in Review – September 28, 2017
The Precious Metals Week in Review – July 7, 2017 – Precious Metals International
The Precious Metals Week in Review May 26th, 2017 1. This week saw support return for precious metals as geopolitical tensions continued to create uncertainty across the globe. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment benefits jumped by 1,000 claims to a new level of 234,000 for the week…
The Precious Metals Week in Review of May 5th, 2017.