Major commodities prices started off the week on a positive note as crude oil prices and metals prices such as gold and silver sharply increased yesterday. Some consider this rally to be related with the recent news from EU regarding…
The EU ministers of finance approved the second package of the Greek bailout of €130 billion. This news may have helped rally the Euro and other currencies against the USD during the first day of the week. Due to President’s…
Crude oil prices continued their rally and increased during the week as they have done during most of 2012. The premium of Brent oil over WTI is still around the $18 mark, as the tensions between Iran and Europe remains…
During last week the energy commodities prices rallied especially natural gas prices; many currencies including the Aussie dollar and Canadian dollar also appreciated against the US dollar; on the other hand, precious metals prices and the Euro didn’t do much…
According to the recent report of the Bureau of Labor Statistics, the U.S inflation for January 2012 slightly rose by 0.2% and in annual terms the US inflation rose by 2.9%. The consumer price index without food and energy also…
Crude oil WTI price increased again for the third consecutive day; gold price and silver remained nearly unchanged as gold and silver moderately decreased on Friday. Natural gas prices sharply increased for the second consecutive day. The Euro also slightly…
Crude oil prices continued their upward trend as both Brent oil and WTI oil prices rose during last week. The ongoing tension between Iran and the West may have been among the factors to trade up oil and maintain a…
Crude oil prices increased again for the second consecutive day; gold price and silver remained nearly unchanged as gold slightly rose and silver moderately decreased on Thursday. Natural gas prices changed direction and sharply increased. The Euro also shifted and…
According to the recent weekly oil update produced by Energy Information Administration petroleum, crude oil stockpiles declined during last week by 3.9 million barrels, while crude oil prices sharply increased. The report also examined the limits of the U.S. national…
According to the latest producer price index report, which was published today, the PPI for finished goods slightly increased by 0.1% January compared with December. This report serves as an indicator for the direction of the U.S core CPI to…