Retails and foods services sales increased again in February 2012 compared with January 2012’s sales, and were also above the sales at February 2011. The U.S. Department of Commerce issued its monthly report on the change in the U.S. retail…
As expected there weren’t any major headlines coming out of the recent FOMC meeting, which was the second Federal Open Market Committee meeting for 2012. The Fed stated it sees signs of recovery in the U.S. economy in recent month…
Major commodities prices started off the week in the red as precious metals prices slightly declined on Monday after they had risen for three consecutive days. Crude oil was also traded down on the first day of the week. On…
The commodities markets including gold and crude oil market didn’t do much during last week on a weekly scale despite the strengthening of the U.S. during last week over the Greek debt crisis, the strong U.S. non-farm payroll employment numbers…
Crude oil continued to trade high but didn’t move much on a weekly scale. During last week Brent oil added 1.16% to its value and WTI rose by 0.66%. The premium of Brent oil over WTI slightly increased but remained…
Crude oil prices didn’t do much during last week as they have edged up on weekly scale by nearly 1%. There are still concerns regarding the future ramifications regarding Iran but since there wasn’t any development on this front, oil…
Gold and silver prices finished the week in the green along with other major commodities prices such as crude oil prices. The U.S. employment report showed an increase of 227k in February. This new may have been among the key…
According to the recent March report of the Organization of the Petroleum Exporting Countries regarding the oil market, the OPEC oil production slightly increased during February 2012 compared with January oil production levels. OPEC’s crude oil production reached 30,968 thousand…
Gold and silver prices continued their rally as they have risen in the past couple of days. Crude oil also trade up yesterday; on the other hand, natural gas prices continued their decline. The Euro sharply appreciated again against the…
The U.S. labor force rose again during February: according to the recent U.S. employment report, which was published today, March 9th by the Bureau of Labor Statistics the number of non-farm employees increased by 227,000. The main sectors that rose…