Crude oil prices changed direction and slightly declined during last week after they had risen during most of February. There are still concerns regarding the tensions between Iran and the West but since there wasn’t any movement on this front,…
Gold and silver prices bounced back and rose on Thursday after their dive on Wednesday; crude oil prices continued their rally and rose again for the second consecutive day; natural gas future price sharply fell on Thursday. The Euro slightly…
Today the U.S. Manufacturing ISM report was published; according to the update, the U.S. Manufacturing PMI growth rate edged down again to 52.4% during February. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S.…
Gold and silver prices changed direction and plummeted yesterday: silver, even more than gold, declined by 6.89%. The last time gold and silver declined so sharply and promptly was back on December 14th when the FOMC disappointed bullion traders as…
Gold and silver prices changed direction and plummeted yesterday following Bernanke’s testimony; Crude oil also changed direction and ended yesterday’s trading in the green; natural gas prices also sharply rose on Wednesday. The Euro sharply depreciated against the US Dollar;…
According to this week’s crude oil update produced by Energy Information Administration petroleum, crude oil stockpiles slightly rose again for the second consecutive week, this time by only 0.5 million barrels; crude oil prices sharply increased. The weekly update also…
The bureau of economic analysis published yesterday its second estimate of the growth rate of the U.S. Gross Domestic Product during the fourth quarter of 2011. The report showed the US GDP rose by 3% in Q4 2011. According…
Crude oil continued to trade down for the second consecutive day, while precious metals changed direction and sharply increased during yesterday’s trading: silver added 4.5% to its value while gold only 0.76%. The Euro slightly appreciated again against the US…
Crude oil changed direction and after oil prices sharply rose during last week, this week started with oil prices declining; gold price also slipped, while silver slightly increased; natural gas future prices sharply rose yesterday. The Euro slightly depreciated again…
Following the decline in the U.S consumer confidence index during January, this index changed direction and increased in February. According to the recent U.S. consumer confidence survey, the consumer confidence index rose in February compared with January’s index: The index…