Crude oil prices very sharply inclined yesterday; this increase is probably related to the renewed expectations of sharp gains in the demand for oil in the American market. Currently crude oil prices are traded up. Today, U.S Consumer Confidence report…
Major commodities sharply rose on the first day of the week: Gold and silver prices inclined for the second straight business days; crude oil prices sharply inclined – the sharpest gain in a single day since October 5th; natural gas…
WTI oil price slightly inclined during most of last week which coincided with the sharp rally in the U.S stock markets. Currently crude oil prices are traded slightly up. Today, Trichet will speak in an ECB Press Conference; the Euro…
As we are entering the last week of October all eyes will be set towards the EU summits that will be on Sunday and Wednesday; there are additional events and reports for the upcoming week that could influence the financial…
The crude oil market demonstrated a mixed trend as WTI oil prices slightly inclined while Brent crude oil prices slipped. The Libyan news of Qaddafi’s demise may have helped lower the Brent oil prices as this news may have slightly…
Gold and silver prices changed direction and after sharply declining throughout the week they have bounced back and closed the week rising; crude oil prices continued to trade with mixed trend as WTI oil price inclined and Brent oil slipped;…
Gold and silver prices continued their descent and sharply declined yesterday; this was the fourth straight day in which gold price declined; crude oil prices traded yesterday with mixed trend as WTI oil price fell and Brent oil slightly rose;…
The U.S existing homes sales rate slipped in September 2011 by 3.0%; this news comes despite the recent gains in the housing starts report. According to the recent report of the Realtors’ organization, the annual rate of US existing home…
According to the recent release of the Philly Fed Manufacturing Index, the index showed the U.S. economy is presenting signs of improvement in manufacturing conditions, compared with the previous month’s report; the October Philly Fed index inclined from -17.5 in…
The recent news from Libya is that the rebels killed Qaddafi after they had captured him today – October 20th. As reported by Bloomberg, the Libyan rebels managed to capture Qaddafi in his hometown of Sirte. This news is likely…