Category: Crude Oil

U.S Existing Home Sales Inclined in October 2011

The U.S existing homes sales rate changed direction and slightly rose in October 2011 by 1.4%; this news comes despite the recent falls in the housing starts report. According to the recent report of the Realtors’ organization, the annual rate…

Weekly Outlook for 21-25 November

During the week there are several important reports to be published that may influence forex and commodities traders including: U.S. existing home sales report, FOMC meeting minutes Euro Area’s Manufacturing and Great Britain’s revised GDP report for Q3 2011. Here…

Gold and Silver Sharply Fell Yesterday –Recap November 17

Major commodities prices changed direction and sharply fell yesterday along with the rest of the markets including American stock markets: gold and silver prices sharply declined; crude oil prices also followed and plummeted; natural gas future prices changed direction and…

U.S Housing Starts Slightly Declined in October

According to this month’s U.S. Census Bureau report of the new residential construction statistics for October 2011 there was a sharp increase in building permits but a very moderate slip in housing starts. Privately owned Housing starts slightly declined in…

Philly Fed Index Still Growing but at a Slower Pace

Today the recent release of the Philly Fed Manufacturing Index for November was published: this survey showed the U.S. manufacturing conditions are still expanding, but at a slower rate than in October; the November Philly Fed index declined from +8.7…