Weekly Outlook: Eyes on Gold

It’s a week light on major economic data, but the U.S. jobs situation will get another look Tuesday with the JOLTS report on job openings. Wednesday brings the producer price index. Meanwhile, the commodities markets focus will be gold, as markets continue to rise with an FOMC meeting next week.

Economic Calendar 

 

Tuesday

NFIB Small Business Optimism Index 06:00 AM ET

JOLTS  10:00 AM ET

Wednesday

Bank Reserve Settlement 8:00 AM ET

Producer Price Index 8:30 AM ET

Treasury Budget 02:00 PM ET

Thursday

Money Supply 4:30 PM ET

Friday

Retail Sales 8:30 AM ET

Business Inventories 10:00 AM ET

 

5 Stories to Read

Could bitcoin be the next gold? (Bloomberg)

Is gold nearing its peak? (CNBC)

There’s a disconnect between bond yields and economic data (Financial Times)

Saudi Arabia continues oil supply cuts, U.S. inventories decline (Reuters)

Colombia’s  voters want to keep oil in the ground (Bloomberg)

 

OpenMarkets is an online magazine and blog focused on global markets and economic trends. It combines feature articles, news briefs and videos with contributions from leaders in business, finance, economics and politics in an interactive forum designed to foster conversation around the issues and ideas shaping our industry.

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