Following the low intensity week for major commodities as gold and silver prices didn’t do much during the first week of February, the upcoming week is filled with many news items and decisions to be made that could affect the…
Gold and silver prices changed direction on last day of the week and were traded down. Crude oil (WTI) price also shifted gear and bounce back from its downward trend of past days. These shifts may have been stem, in…
The U.S. labor force sharply grew again during January: according to the recent U.S. employment report, which was published today, February 3rd by the Bureau of Labor Statistics the number of non-farm employees grew by 243,000 – the highest increase…
Gold and silver prices continued their rally as they have finished yesterday’s trading rising. Crude oil (WTI) continued its downward trend while Brent oil rose; the gap between the two has risen to its highest level since November 9th 2011.…
Natural gas prices started the month on a negative note as they have sharply declined again. Crude oil was also traded down during yesterday’s trading. On the other hand precious metals rallied from their slowdown as gold and silver…
Today the U.S. Manufacturing ISM report came out; according to it the U.S. Manufacturing PMI growth rate augmented again to 54.1% during January. The U.S. Manufacturing PMI is an index that presents the economic progress of the U.S. manufacturing sector;…
Gold price ended the month on a positive note, but the same can’t be said for silver; crude oil (WTI) was traded down on Tuesday; the Henry Hub changed direction and sharply fell on the last day of the month.…
According to this week’s Energy Information Administration petroleum report crude oil stockpiles sharply rose during last week by 8.4 million barrels; crude oil prices slightly slipped. Here is a weekly summary for the week ends on January 27th of the…
Gold and silver prices started off the week moderately falling; crude oil prices also slightly declined; natural gas spot price rallied and sharply rose on Monday while the future price slipped. The Euro and other exchange rates including the Australian…
Following the growth in the U.S consumer confidence index during December, this index changed direction and decreased in January. According to the recent U.S. consumer confidence survey, the consumer confidence index declined in January compared with December’s index: The index…