Ryan Page
Ryan Page has worked for 3 years as a commodities derivative’s trader. He has been building models to analyze global macro data and evaluate risk for more than 5 years.
Ryan has been trading since he was 14 years old. He enjoys playing mid to high stakes poker, with immense experience studying and applying game theory.
Federal Reserve Weary About the Condition of the Economy
Stocks hit new highs today as the Fed has indicated that an interest rate cut is imminent, Fed Funds futures agree. During last months meeting the Federal Reserve held rates steady waiting to see more economic data that would indicate the economy is slowing down.
Non-Manufacturing Data Give Gold Another Jumpstart
The non-manufacturing index fell to 55.1 from 56.9 in today’s ISM data. Three out of the four components that make up the index took a dive. New orders were the lowest since December of 2017 and employment dropped by the most in 16 months.
Federal Reserve Rate Decision Preview
The Federal Reserve is set to make a very important rate decision today. The recent moves in gold, the dollar and equities reflect the markets anticipation that the Fed will indicate rate cuts in the meetings following this one. The market has mostly priced in the FOMC removing patience from its forward guidance and now awaits the Fed to put that in writing.
Gold Price Preview: June 10 - June 14
Happy Monday gold traders. The last week of trading was an exciting one. Gold rallied almost $70 from about $1280 to about $1350 in 7 days of trading.

Gold Price Preview: June 3 - June 7
Gold traders have a reason to be excited for the first time in a while. Gold has had one of its biggest rallies of the year up over $50 in 3 days of trading, close to a 3 standard deviation move. From a volatility perspective gold has caught a bid up 3% to 4%, shaking up the options market.
Gold Price Recap: May 28 - May 31
Trump and the Trade War has been the biggest driver of price action these past few weeks. Trump’s trade comments and imposed tariffs has caused equities, gold, the dollar and yields to shift more than any other piece of economic data. This week’s economic data was not too exciting and didn’t cause the markets to make any meaningful shift.
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