Article By: Jesse's Cafe AmericainRead
Friday, April 28, 2017 5:03 PM EDT
The First Quarter GDP number came in quite low, surprising those who have not been following the forecasts from the Atlanta Fed. I suspect that it will be revised lower in the next few iterations.
Article By: EasyMarketsRead
Friday, April 28, 2017 5:05 AM EDT
EUR/USD lost ground against the dollar after ECP President Mario Draghi said the Eurozone’s economic recovery is “increasingly solid” but tempered sentiment by insisting that inflationary pressure “remain subdued”.
Article By: Jordan Roy-ByrneRead
Friday, April 28, 2017 12:20 AM EDT
Gold bulls were hopeful that Gold could break its 6-year downtrend but recent underperformance in the gold stocks and Silver argued otherwise. Those markets have been crushed in the past two weeks as US and global equities pushed higher.
Article By: DailyFXRead
Thursday, April 27, 2017 9:19 PM EDT
Gold prices are adrift in familiar territory, mirroring consolidation in the US Dollar and the priced-in 2017 rate hike path implied in Fed Funds futures. The spotlight now turns to first-quarter US GDP figures.