Tag Archives: Silver

5 May: US$ heavy, Commodities sold heavily ahead of today’s US Jobs data. French election, Sunday.

  The dollar is a little weaker on Thursday against the EU majors and the Yen as the brief rally following the FOMC statement fades and traders begin to look forward to the US Jobs data later on Friday. Economic data from the US was mixed although that did little to support the dollar. The weekly Initial jobless… Read More »

4 May: Forecast: Stock Indices, Commodities

  S&P: 2382 US stocks are steady on Wednesday, largely unaffected by the outcome of the FOMC Meeting, with the S+P pretty much confined within recent parameters and leaving the outlook unchanged. (Range; 2375/85) As before, the momentum indicators still look mixed and another rangebound session would not really surprise while waiting on Friday’s NFP. The dailies still… Read More »

3 May: Forecast: Stock Indices, Commodities

  S&P: 2384 US stocks are steady on Tuesday, with the S+P confined within recent parameters, leaving the outlook unchanged. (Tuesday range 2382/88) As before, the momentum indicators still look mixed and another rangebound session would not really surprise while waiting on today’s FOMC decision. The dailies may be picking up a mildly constructive tone although I would… Read More »