Gold and silver prices changed direction and rallied yesterday from their slight fall during Tuesday’s trading; crude oil prices also increased; natural gas prices on the other hand sharply decreased. The Euro continued to depreciate against the US Dollar; other…
Today, the second survey of 2012 for the Philly Fed Manufacturing Index regarding February came out: this survey suggests the U.S. manufacturing conditions continued to expand and at a slightly faster pace in February; the Philly Fed index increased from…
According to this month’s U.S. Census Bureau report regarding the new residential construction statistics for January 2012 there was a slight increase in housing starts and building permits. Privately owned Housing starts increased in January 2012: the seasonally adjusted annual…
Gold and silver prices slightly declined yesterday along with other major commodities prices: crude oil prices also slightly decreased; natural gas prices on the other hand sharply increased. The Euro depreciated again against the US Dollar; other major currencies (AUD…
Retails and foods services sales slightly rose again in January 2012 compared with December 2011’s sales, and were also above the sales at January 2011. The U.S. Department of Commerce issued its monthly report on the change in the U.S.…
The Euro Area GDP contracted by a rate of 0.3% during the fourth quarter of 2011; this drop in GDP is mainly due to the contraction of Germany’s economy during the quarter by 0.2%. This contraction is the first time…
Crude oil prices started off the week on a positive note as both WTI and Brent oil prices rose. Gold and silver prices didn’t move much yesterday; natural gas prices sharply decreased. The Euro slightly depreciated against the USD; other…
Crude oil prices continued to moderately climb up as they have done during recent weeks. The big news for oil was the sharp increase in the premium of Brent over WTI as the premium reached during the week the highest…
According to the recent February report of Organization of the Petroleum Exporting Countries regarding the oil market, the OPEC oil production nearly didn’t change during January compared with December’s 2011 oil production levels. IEA revised down again its projection for…
Crude oil prices continued their rally as both Brent oil and WTI oil prices increased during the week. The ongoing tension between Iran and the West may have been among the factors to raise oil prices and the premium of…