Gold and silver prices slipped yesterday after they have rallied a day earlier. Crude oil prices on the other hand sharply rose on Friday; natural gas future also traded up but the spot price sharply declined yesterday. The Euro sharply…
Crude oil prices continue to zigzag with no clear trend despite the many news items and developments that have occurred during last week. This includes the FOMC’s confidence in the recent development in the U.S economy, the Philly Fed Index…
Gold and silver prices bounced back yesterday from their sharp decline a day earlier. Crude oil prices on the other hand continued its downward trend; natural gas future price remain flat but the spot price kept falling yesterday. The Euro…
The Bureau of Labor Statistics published today the recent report of the U.S inflation for February 2012. According to the report the consumer price index rose by 0.4% and in annual terms the US CPI increased by 2.9%. The consumer…
Gold and silver prices tumbled down yesterday and thus they have both reached their lowest level in 2012. This means the rally of bullion prices during January was whipped clean. Crude oil prices also declined; natural gas future price also…
Today, the third survey of 2012 for the Philly Fed Manufacturing Index regarding March was published: this survey suggests the U.S. manufacturing conditions continue to grow at a slightly faster pace in March than in February; the Philly Fed index…
According to the latest crude oil weekly update of the Energy Information Administration petroleum, crude oil stockpiles continued to decline. Last week they have decreased by 4.4 million barrels; crude oil prices also edged down. In the EIA’s weekly update…
According to the recent producer price index report, which came out today, the PPI for finished goods sharply increased by 0.4% February compared with January. This report serves as an indicator for the direction of the U.S core CPI to…
Yesterday, the IEA – International Energy Agency published its monthly report on the global crude oil market as of February 2012. According to the recent monthly update, during February, OPEC’s oil production rose to 31.42 million bbl/d compared with January’s…
Major commodities prices didn’t do much yesterday as crude oil prices slightly rose, while gold price moderately declined. Silver price on the other hand edged up yesterday. Natural gas future price bounced back from its decline on Monday. The rise…