The real estate market in the US changed direction and showed a moderate contraction during July compared with June’s figures. According to the recent U.S. Census Bureau report about the new residential construction statistics for July 2011: The seasonally adjusted…
Category: Crude Oil
Euro Area GDP grew by only 0.2% in Q2 2011
The Euro Area GDP grew by only 0.2% during the second quarter of 2011; this slow paced growth is mainly due to the disappointing growth rate of Germany’s GDP by only 0.1% during the second quarter 2011. During the first…
Oil Prices – Daily Outlook August 16
Crude oil prices started the week with sharp rises that continues the upward trend in recent days. The shift might be related, in part, to the recent rise in the stock market, including the S&P500. Crude oil prices are currently…
Gold & oil prices started the week rising –August 15
Crude oil prices changed direction again and started the week with sharp rises; Gold and silver prices also finished yesterday in the green; natural gas spot price (Henry Hub) finished Monday with falls. Here is a summary of the price…
A decline in US Treasuries holdings – August report
According to a recent report, of the U.S. Department of the Treasury, the U.S. Treasuries longer-term notes by other countries declined by $16.7 billion during June compared with May’s acquisitions. Foreign holdings of all dollar-denominated short-term U.S. securities and other…
Oil Prices – Daily Outlook August 15
Crude oil prices ended the week with slight declines, after they had risen for two straight days (three days for Brent oil). The shift might be related, in part, to the recent rise in the stock market, including the S&P500.…
Weekly outlook for August 15-19
The high volatility in the financial markets during last week subsided by the end of the week; this volatility was stem by the news of Standard & Poor’s downgrading the US credit rating from AAA to +AA for the first…
Recommended posts for the weekend – August 14
The high volatility in the financial markets during last week has subsided by the end of the week after the stir up caused by the rating change by S&P of US’s credit rating. Before we enter a new week with…
The fall and rise of oil prices – Weekly recap 8-12 August
Crude oil prices started the week with very sharp falls over the free fall in the major stock markets; the falls were probably stimulated by the news of the downgrade in US’s credit rating; this news came after the House…
Gold & oil prices finished the week with moderate falls –August 12
Major commodities and forex didn’t change much yesterday: Gold price ended the week with moderate falls for the second straight day; silver price on the other hand ended with moderate rises; crude oil prices also decreased yesterday; natural gas spot…