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<p>[QUOTE="Santinidollar, post: 2507266, member: 75866"]PMs buyers need to keep a close eye on the US jobs report Friday. A strong report will vastly increase the chances of a Fed rate hike in September, along with a stronger dollar, which typically hits commodity prices.</p><p><br /></p><p>Mind you, it will be a tiny hike and a lot of observers expect a one-and-done hike. But in a world of negative interest rates, it's hard to gauge how much of a commodity price drop it could trigger, IMHO.[/QUOTE]</p><p><br /></p>
[QUOTE="Santinidollar, post: 2507266, member: 75866"]PMs buyers need to keep a close eye on the US jobs report Friday. A strong report will vastly increase the chances of a Fed rate hike in September, along with a stronger dollar, which typically hits commodity prices. Mind you, it will be a tiny hike and a lot of observers expect a one-and-done hike. But in a world of negative interest rates, it's hard to gauge how much of a commodity price drop it could trigger, IMHO.[/QUOTE]
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