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JOLTS job opening: 4.17M Crude Oil inventories: 4.0M Unemployment Claims: 300k: Core PPI: 0.6% Prelim UoM Consumer Sentiment: 82.6 Last week USD data(all better than expected) is pointing to a US health economic that seem to be recovering from the winter months. The forex and the stock market is saying other wise, the short term trend seem to be down. I would advise on holding USD. The precious metal market is reacting to the weakening of USD but with the lack of interest from the Asian market, i believe this to be a short term upward trend unless Russia or North Korea decide to do something disturbing. Main concern seem to be coming from Russia with Putin unwilling to release Crimea from annexation and the amassing of troops on the Ukraine border. China seem to be embracing itself for a growth slowdown as the repeated news release from China seem to show that the government is willing to shutdown factories and closing on the shadow banking. Not much seem to be co...

The US Non-Farm Payrolls was posted at 192,000 jobs gains in march. While this is a solid number and pointing to a healthy recover, the market was expecting a higher number at around 200,000. I would advise on holding on to USD as the country is recovering and will still show future growth. Russia is still an unknown variable as their attack on Ukraine seem to have slowed but had shown no sign of withdrawal from Crimea. North Korea with their latest nuclear testing seem to be testing the patient of the South Korea, USA and Japan. China had tighten their monetary policy while at the same time released  mini-stimulus ... take extra care when dealing with China market. I would advise on not trading on precious market for this few weeks as the precious market is jumpy. PLEASE NOTE THAT FOREX TRADING WILL RESULT IN LOSING ALL YOUR MONIES.

Due to the recent news of Russia annexed Crimea, I had stopped posting as I dim the market to be too risky to trade in. Currently at the time of this posting, the Russia is still amassing forces at the border of Ukraine and showing no sign of slowing down even after the sanctions from US and EURO. Even during this time of uncertainty, gold is still not showing sign of upward trend and are still trading in the 1300 usd range. This should be partly due to the weak china data and the lack of physical demand from Indian. Currently gold is facing downward pressure, I would advise on shorting gold. It is best not to trade in this environment as any movement from Russia would most likely trigger a run to safety. Please remember to use a stop lost especially during this disturbing time.

The recent boost of Silver price seem to be indicating a change of view sentiment for the global market as the USA, UK, China and Japan are showing slow or negative growth in certain area. This combine with extremely bad news from emerging countries had prompted a run to safety like SWISS and Precious metal. Going forward for next week, as long USA market remain suppress due to weather(?) I would be Long Gold,silver and short everything else. PLEASE NOTE THAT FOREX TRADING WILL RESULT IN LOSING ALL YOUR MONEY. DO NOT TRADE BASE ON MY POST.