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BI: It May Be A Slow Week For Economic Data, But There Will Be A Ton of Central Bank Activity, Especially The 'Federal Reserve'

BI: It May Be A Slow Week For Economic Data, But There Will Be A Ton of Central Bank Activity, Especially The 'Federal Reserve'

Matthew Boesler | May 20, 2013 | 8:57 AM

It's going to be another slow week for U.S. economic data releases (especially Monday and Tuesday, when nothing notable is scheduled).
However, the real story right now is central banks – especially the Federal Reserve, which is far and away the biggest story in global markets right now as investors try to determine whether the Fed is trying to prime markets for tapering of its monetary stimulus programs.

Read more: http://www.businessinsider.com/economic-data-and-central-ban...




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I am looking for

Precious Metals to get dropped even further like a hot rock over Thursday and Friday and maybe a follow up drop for the beginning of the following week, as a result of the information that comes out of the Fed. I also expect stocks to be falsely bolstered with the information.

With all the people calling for the bottom being here in pm's, I figure it's no where near done dropping.

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