[2014-07-28]American risk event three cannons booming gold and silver will usher in data tsunami Wednesday America will announce two quarter GDP initial value, will announce interest rates the Fed on Thursday, Friday American July non farm, three events will shock hits. This week, the gold and silver will usher in a super cycle: America Wednesday will announce two quarter GDP initial value, will announce interest rates the Fed on Thursday, Friday USA July non farm, three events of wave after wave shock hit, will lead to market crazy swing. Comprehensive economic data, the quantitative easing policy to gradually withdraw from the interest, concerns are rising, the overall dollar positive, resulting in the dollar index has now carry all before one. On the other hand, it also poses a significant medium-term bearish for gold and silver. This week, the market is still on the America GDP data and non-agricultural look higher, or will have a significant impact on the medium-term trend of gold and silver, resulting in short-term volatility in the market tempestuous waves. The focus this week: when the Fed rate hike This week will usher in a major section of the Federal Reserve meeting on interest rates as well as the non-agricultural data the two focal events, known as the federal agency is known as the Wall Street journal reporter Hilsenrath wrote: the Fed may continue to shrink QE at the upcoming meeting on monetary policy, and discusses when, and how to raise interest rates. The author believes that: in late 2015, or that autumn is a good time plus interest. Organization: almost bearish According to the latest survey released on Friday by Kitco, a market of 37 respondents, 22 people this week to respond, 4 of whom are bullish, bearish 14 people, 4 people of neutrality. In addition, Citigroup (Citi) futures expert Sterling Smith said recently, despite the conflict in Ukraine and the Gaza Strip continues, but it keeps on overnight below the $1300 mark. In addition, Citigroup (Citi) futures expert Sterling Smith said recently, despite the conflict in Ukraine and the Gaza Strip continues, but it keeps on overnight below the $1300 mark. Note that, in such a risk aversion driven prices should rise, at least to stabilize, but the fact is contrary, so this week it may face greater downside risks. Goldman Sachs (Goldman Sachs) said in the report, with the USA accelerate recovery, gold at the end of 2014 will fall to 1050 U. S. dollars / ounce. Goldman still put the gold rating to strong sell, second only to iron ore. Goldman still put the gold rating to strong sell, second only to iron ore. Goldman says it remains bearish on gold, America economic recovery is the key factor to the expected. Robin Bhar, metals analyst at Societe Generale Bank suggest that this week is very important, because there are a lot of economic data and the FOMC conference. The market has observed the Fed statement and statement, see will Shengxi, but close to the weekend, will be released in non-agricultural data. Non farm last months performance is very strong, I think because of the continued strong economic trends over the past few months, will have a strong data. Data forecast: non-agricultural or will provide ammunition for short At present, USA July non farm data is expected to still be in the top 200000 growth rate, which is a big positive for the US dollar, but the precious metal is a test; and American two quarter GDP initial market also gives great expectations, but in view of the two quarter monthly economic indicators are not as the market expected so good, so need to risk alert data to appear. And the Federal Reserve, this time without the chairmans media conference, expected the Fed will continue to reduce the pace of QE. TD securities think, if the number of non-agricultural employment growth once again close to 300000, gold will fall to the 4 quarter of 2014 the average $1250 an ounce, and in 2015 1 quarterly average of $1235 / oz.
Posted on: Mon, 28 Jul 2014 08:42:03 +0000
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