Gold and silver prices halted their rally and lost some ground yesterday after gold price inclined for six straight business days and silver price for seven; crude oil prices continued their recovery and rose yesterday; natural gas spot price (Henry…
Today, the U.S. Census Bureau issued its monthly report on US new homes sales for July 2011 and didn’t shows much improvement from June. According to the report, in July 2011 the annual rate of number of US new home…
The Libyan war may end soon, but the market didn’t consider this news much as Brent oil slightly fell yesterday and WTI spot oil price even inclined. The spread between Brent oil and WTI spot oil declined yesterday but is…
The precious metals market continues to heat up with gold and silver prices reaching new highs: gold price is nearing the $1,900 mark, silver price passing the $43 mark; crude oil prices have changed direction with Brent oil falling and…
The Libyan war is nearing an end after over half a year of fights between the rebels and Gaddafi’s forces. This news is already affecting the trade of crude oil as Brent oil is currently traded down; the spread between…
The Rebels entered tonight to Tripoli, Libya the last major hold of Gaddafi. They have conquered most of Tripoli and currently there are fights near Gaddafi’s palace. According to the reports Gaddafi is still in Libya and didn’t exist to…
The second week of high volatility in the financial markets has ended, and the upcoming week may continue this trend. There are many news items on the agenda for the upcoming week including, among others, the Bernanke speech, US mortgage…
Crude oil prices started the week with very sharp rises that countered the sharp falls from the previous week, but soon after these rises changed again to steep declines. The concerns of a recession in the US and Europe might…
The concerns over a slowdown in the US and Europe affected the traders as the major stock markets in US, Europe and Asia experienced high volatility and sharp falls. Before we enter a new week with new agenda, here are…
The stock markets fell for the second straight day, but this didn’t cause a sharp drop in oil prices as Brent oil even finished the day in the green. Gold and silver prices completed a whole week of gains as…