It was indeed surprising. I don't think the market reacted enough, especially the stock market. This is a big deal not just because it's the first time since 2016, but also because it's the biggest YoY decline since the last crisis. This is very ...

High Impact Events Trading... Gold & Copper

ISM Surveys • Tuesday 3.9.2019. & Thursday 5.9.2019. Deteriorating survey evidence since mid-2018 has made clear that economic growth is set to slow. The ISM manufacturing survey fell first and further, as the factory sector has been hit harder by ...

High Impact Events Trading... Gold & Copper

Durable Goods Orders • Monday 26.8.2019. The FOMC identified “the deceleration in economic activity in recent quarters, particularly in business fixed investment and manufacturing” [emphasis ours] as one of the three primary reasons it cut rates in ...

High Impact Events Trading... Gold & Copper

Hmm, this is actually surprising. I didn't see FOMC minutes as revealing in any way. We will see what will happen with the rates, i think we'll get a good hint at Jackson Hole. As you've said, since September is nearly certain, the focus has mostly ...

High Impact Events Trading... Gold & Copper

Yeah, however i'm anticipating that today's FOMC minutes might shift rate expectations more towards keeping the rates unchanged. There is also a speech by Jerome Powell at Jackson Hole this Friday, for some reason it is widely expected to be a very ...

High Impact Events Trading... Gold & Copper

FOMC Meeting Minutes • Wednesday 21.8.2019. On July 31, the Federal Open Market Committee (FOMC) cut the federal funds rate 25 bps to 2.00%-2.25%, and decided to end the reduction in its balance sheet in August... But, lower rates in the future are ...

High Impact Events Trading... Gold & Copper

Thanks ,I'm glad you like my insights and consider them valuable. I'll do my best to stay as active as possible and produce even more quality content! Cheers

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Hey tush! Not a lot of thoughts, but here are some: The data on single family building has reached the highest level since November. Low mortages are supporting demand. Total building permits rose 8.4% and exceeded estimates, this increase (MTM) was ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Both Retail Sales and Core Retail sales were revised lower and FED has based their arguably hawkish outlook exactly on a strong consumer market. Another thing is that the surge is in online sales, and online sales are very volatile so they might ...

High Impact Events Trading... Gold & Copper

While i do agree that the markets are very fishy lately, the reason why USD didn't surge is because it's just not enough. Both Retail Sales and Core Retail sales were revised lower and FED has based their arguably hawkish outlook exactly on a strong ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Retail Sales • Thursday 15.8.2019. Aside from a decline in February, retail sales have increased every month so far this year. That’s consistent with the elevated confidence data and suggests consumers remain comfortable with their spending habits ...

High Impact Events Trading... Gold & Copper

Producer Price Index • Friday 9.8.2019. Like other inflation measures, growth in the producer price index has slowed this year. On a year-over-year basis the PPI for final demand is up just 1.7%, the lowest reading since January 2017. Excluding food ...

High Impact Events Trading... Gold & Copper

UK GDP • Friday 9.8.2019. While the UK economy managed relatively strong growth in Q1, the economy could experience a notable slowdown in Q2. The strength in Q1 was likely a result of activity being brought forward ahead of the original March 29 ...

Cable Update (GBPUSD)

Japan GDP • Thursday 9.8.2019. Following surprising growth of 2.2% QoQ annualized in Q1, the Japanese economy has showed signs of slowing down in Q2. In late June, the Tankan survey, an index used as an indicator of GDP growth, suggested GDP in ...

USD/JPY Discussion

Correlation between price and sentiment XAUUSD -hourly,last 3 days: image -daily,last month: image

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I think he did, congrats Events !! I've had such a wild ride so far, forgot how much fun (and dangerous heh) very high leverage can be. Got the account to +85%, then fell to -65%, and now got it back to +18%. Now i'm going to take my ...

Metal Competition Zone (Demo)

Thank you very much ! I'm at +34%... did some very high risk trading to get ahead at the beggining. I'm now going to take a slower pace for the rest of the week... and try not to blow the account .

Metal Competition Zone (Demo)

ISM Non-Manufacturing Index • Monday 5.8.2019. If we are looking for signs of a slowdown in the U.S. economy, we should look no further than the Institute for Supply Management’s purchasing manager indices. After topping out around 60 in the late ...

High Impact Events Trading... Gold & Copper

Hey fellows! I decided to join this week! Trade explorer: Metals competition - Vorenzd Last digits: 3318

Metal Competition Zone (Demo)

President Trump is currently speaking about trade with EU, this could have a significant impact on the markets. You can watch the livestream here: video

XAU/USD & XAG/USD - Gold & Silver Traders Thread