Will non farm pay roll data support gold and silver prices?

Average Hourly Earnings m/m at 6:00 PM Measures: Change in the price businesses pay for labor, excluding the farming industry. Released monthly, usually on the first Friday after the month ends.Next Release Date Oct 07, 2022 This is the earliest data related to labor inflation. Source changed series calculation formula

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Crude Oil prices upsurge with anticipation of supply constraints

On Tuesday, the prices of crude oil surged nearly 4 percent. Moreover, today the market for crude oil prices opened in the red due to showing concerns about supply constraints. Precisely, the oil prices rose 4 percent soon after Saudi Arabia circulated the clue of OPEC+ about diminishing the output

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Today’s Economic Data: GBP: Retail Sales m/m at 11:30 AM

Today we do not have any major economic data. Weekly closing is important for the next trading session. GBP: Retail Sales m/m at 11:30 AM Measures: Change in the total value of inflation-adjusted sales at the retail level Released monthly, about 20 days after the month endsNext Release Date Sep

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RBI Monetary Policy: Hike in interest rates still continues

Today at 10:00 AM RBI Governor Shaktikanti Das announced its monetary policy thereby raising the repo rate by 0.50BPS. Furthermore, with a hike in interest rates, the repo rate now stood at 5.4 percent. However, considers being the highest hike since 2019. Precisely, this is the third time successively since

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Economic events: All eyes on today’s closing

Here is the list of economic events. Today is the last trading session of the week thereby seems volatile but still all eyes on today’s closing. USD: Average Hourly Earnings m/m at 6:00 PM Measures: Change in the price businesses pay for labor, excluding the farming industry Released monthly, usually

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Specific Events: Forecast Data may create pressure in Bullions

Here is the checklist of specific events. We may witness downside pressure in the precious metals in the coming days ahead. GBP: Construction PMI at 2:00 PM Measures: Level of a diffusion index based on surveyed purchasing managers in the construction industry Released monthly, on the second business day after

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A big day in terms of specific news and events

Here is the list of specific news and events. Seems a volatile day. Though all eyes on the relationship between China and Taiwan. EUR: Spanish Services PMI at 12:45 PM Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry Released monthly, on the third

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As such no significant data today

No significant data today. Market may remain sluggish. USD: JOLTS Job Openings at 7:30 PM Measures: Number of job openings during the reported month, excluding the farming industry Released monthly, about 35 days after the month ends Next Release Date Aug 30, 2022 It’s released late, but can impact the

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