Gold and silver prices sharply inclined yesterday for the second straight day; crude oil prices also sharply increased; natural gas spot price on the other hand changed direction again and sharply declined. Here is a summary of the price movements…
The U.S. labor force grew in September after it had remained unchanged in August: according to the recent U.S. employment report, which was published today, October 7th by the Bureau of Labor Statistics the number of non-farm employees inclined by…
Despite the high expectation that the European Central Bank will lower its basic interest rate, Jean-Claude Trichet, President of ECB, wasn’t pressured and decided to keep the interest rate unchanged at 1.5%; Jean-Claude Trichet, in his last ECB rate decision…
Crude oil prices shifted from red to green as they have sharply inclined yesterday, while the U.S. and European stock markets rallied and the “risk currencies” including AUD and CAD also rebounded in recent days giving crude oil prices back-wind.…
Gold and silver prices continue to zigzag and slightly inclined yesterday, after they had declined a day earlier; crude oil prices also sharply inclined; natural gas spot price also changed direction and inclined yesterday. Here is a summary of the…
Today the U.S. non-manufacturing ISM report was published and the U.S. non-manufacturing PMI reached 53.0% in September. The U.S. non-manufacturing PMI, which is an index that estimates the economic activity in the U.S. non-manufacturing sector, grew for the 22nd consecutive…
In the recent Energy Information Administration petroleum report there is an analysis of the ongoing rise in the deepwater production in the Gulf of Mexico and how this method has taken over and sharply affected the crude oil market in…
Gold and silver prices changed direction again and sharply declined yesterday; WTI crude oil price also sharply declined, while Brent oil price bounced back; natural gas spot price continued its downward trend and fell yesterday. Here is a summary of…
Crude oil prices started October the same way they had ended September – falling. The weak performance of the U.S. and European stock markets and the “risk currencies” e.g. AUD and CAD are likely to keep crude oil prices low.…
Gold and silver prices started the first week of October rising after they didn’t perform well in September (and that was an understatement); crude oil prices, on the other hand, sharply declined on the first business day of October; natural…