Major commodities prices rallied yesterday. Gold and silver prices bounced back from their slip a day earlier. Crude oil prices continued their upward trend. Natural gas prices also sharply increased yesterday. Finally, the Euro edged up again against the U.S.…
Despite expectations of a market reaction to the recent FOMC meeting, it was eventually a storm in a teacup as the market hadn’t reacted to the news. The FOMC kept policy unchanged. Gold and silver prices slightly declined on Wednesday.…
According to the latest U.S. pending homes sales report, which was published today by the National Association of Realtors, the real estate market has changed direction again as pending home sales rose during March 2012; furthermore the March 2012 U.S.…
In the recent petroleum and oil weekly report by the Energy Information Administration, petroleum and crude oil stockpiles didn’t change and remained virtually flat. Crude oil prices moved in a mixed trend as Brent oil declined while WTI oil price…
Gold and silver prices bounced back on Tuesday following their decline a day earlier. This may change today in anticipation for the upcoming statement of the recent FOMC meeting. Crude oil (WTI) also traded up, while Brent oil edged down.…
Gold and silver prices, much like many other commodities prices, started off the week falling. Crude oil (WTI) also traded down, while Brent oil edged up. Natural gas future prices continued to rally and sharply rose yesterday. Finally, the Euro…
Today, the U.S. Census Bureau updated on the number of new homes sold in the U.S during March 2012: new homes sales declined again compared with the number of homes sold during February 2012. According to the recent report, during…
Following the fall in the U.S consumer confidence index during March, this index didn’t move much during April. According to the latest U.S. consumer confidence survey, the consumer confidence index didn’t move much in April compared with March’s index: The…
The upcoming week will bring many news items on the agenda and is likely to stir up the financial markets after the last couple of weeks in which stocks commodities and forex didn’t move much in any direction. Among the…
Crude oil prices didn’t move much during last week as the WTI oil price edged up while Brent oil price declined; as a result, the Brent premium over WTI declined from its $17-$18 range to the $15 neighborhood. Will this…