28 October 2016

Just Charts Into the Weekend - FOMC and Non-Farm Payrolls Next Week


I consider today's GDP number a particularly generous pre-election pump for Hillary.

The New York Fed's 4Q estimated is 1.4%.

Next week is the FOMC rate decision and on Friday the October Non-Farm Payrolls.

The delivery reports were quiet, with Macquare disgorging another chunk of their gold long position.

Someone took another 450,000+ ounces of gold out of Brink's Hong Kong.

Have a pleasant weekend.