Silver Fundamental Analysis December 27, 2012 Forecast

Analysis and Recommendations:

Silver just danced alongside of gold today, as industrial metals traded flat but precious metals rebounded a bit after positive signs from US politicians that negotiations would resume tomorrow. Mr. Obama made little comment on the differences between the parties and simply said that they would sit down tomorrow and move forward with negotiations. There was only a bit of lower level eco data today, not enough to have market affects. The news highlights were out of Japan as Prime Minister Abe took office today and continued his pledge to force the BoJ to adjust inflation rates and monetary policy.

FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more recent analysis and information in our weekly reports.

Economic Data December 26, 2012 actual v. forecast

Markets were closed on Christmas day and there were no economic releases or major data reports.

 

Upcoming Economic Events that affect the CHF, EUR, GBP, CAD and USD

Government Bond Auction

Date Time Country 

Dec 27 10:10 Italy  

Dec 28 10:10 Italy