Fed Review: We Still See Cuts Starting in September

Gold price edged lower in early trading on Tuesday, following Monday’s limited consolidation of nearly 4% drop on Friday. Near-term outlook remains bearishly aligned after a massive loss last Friday, sparked by strong US jobs data and reports that China’s central bank paused gold purchases in May. Markets shift focus towards this week’s key events, […]

It helps to have a framework for thinking through the different events that might come along and surprise us. Some things are just lumps and bumps along the way, while others are genuinely forks in the path ahead. The past few weeks have been big ones for news. An assassination attempt, a Presidential withdrawal and […]

We had good news, bad news and news that are fundamentally good for the economy and bad for the global rate cut expectations. Good news. The European economies performed better than expected last quarter. Spanish and Italian growth tempered the German contraction, fueled the idea that the Eurozone is also having a lighter version of […]