Today, the U.S. Census Bureau updated on the number of new homes sales in the U.S during February 2012: new homes sales slightly declined again compared with the number of homes sold during January 2012. According to the recent report,…
Gold and silver prices continue to zigzag and after they had decreased on Tuesday, they bounced back yesterday. Crude oil traded with mixed trend as WTI was traded up while Brent slightly declined; natural gas future also rose yesterday. The…
Gold and silver prices changed direction again and after they had increased on Monday, they sharply fell yesterday. Crude oil prices also sharply declined; natural gas future edged up yesterday. The Euro moderately decreased against the U.S. dollar. Here…
There are reports that Saudi Arabia will raise its oil production in case the situation between Iran and the West will further escalate. Will Saudi Arabia come through on this promise? And more importantly, will it keep the crude oil…
According to the recent crude oil weekly update of the Energy Information Administration petroleum, crude oil stockpiles changed direction and rose by 1.5 million barrels. Propane stockpiles also rose for the first time in nineteen weeks. Could it be that…
The U.S real estate market slowed down in February the U.S. existing homes sales rate moderately decreased during February 2012 by 0.9%; this news comes after it was reported yesterday that there was a slight drop in housing starts during…
Gold and silver prices bounced back yesterday after they have traded down on Friday. Crude oil prices moved in different directions as WTI was traded up and Brent oil was traded down; natural gas future rose yesterday. The Euro increased…
According to this month’s U.S. Census Bureau report regarding the new residential construction statistics for February 2012 there was a slight decrease in housing starts but a rise in building permits. Privately owned Housing starts decreased in February 2012: the…
The main even from last week that may have affected not only the strength of the U.S dollar but also affected commodities prices mainly gold and silver prices was the FOMC meeting. Bernanke’s speech the following day may have also…
Crude oil prices are still high but didn’t do much during March as WTI oil price remained flat from the beginning of the month and Brent oil rose by 2%. Furthermore, during last week Brent oil edged up 0.45% and…