Thu, Aug 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | ETFs / ETCs more

Commodities ETFs under pressure on fears of political paralysis

Posted on 12 March 2013

The ECB, BOE, BOJ, RBA, BOC all had policy meetings last week. While none of them changed interest rates or asset purchases, all indications were for accommodative policy to continue if not become more aggressive.
Meanwhile the data-flow in the US was extremely positive with a large increase in non-farm payrolls (+236k vs. +165k expected) boosting the US dollar. Gold, silver, and platinum fell in dollar terms after the announcement as investors weighed the probability of less easing from the Fed following the recent fall in unemployment to 7.7%, a four-year low……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 36545 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31