Crude oil prices recorded yesterday their sharpest fall since the beginning of May; currently crude oil prices are traded with small changes. Today, the US labor report will be published, along with the Canadian employment report and Canadian building permits.…
Gold and silver prices changed direction yesterday: after they had risen during most of August so far, they sharply declined yesterday; crude oil prices fell for the fifth straight business day; natural gas spot price (Henry Hub) also declined. Here…
As expected the European Central Bank decided to keep the interest rate at the same level of 1.5%; this rate decision didn’t seem to surprise the market and concerns over the debt in Europe continues to be one of the…
Crude oil prices continued to fall for the fourth straight day, but will this trend continue? Today, the Bank of Japan announced it will expanded its monetary easing plan (USD/JPY reacted and hiked up); ECB will announce its rate decision,…
Gold and silver prices continue to rise very sharply; gold price reached a new high yesterday at $1,666 – the highest price level in 2011; crude oil prices fell for the fourth straight business day; natural gas spot price (Henry…
In this week’s Energy Information Administration petroleum report there is an analysis of the changes in the crude oil movement in the US: in the past, it used to be from the Gulf of Mexico to the East Coast and…
Crude oil prices continued to fall yesterday, but will this trend continue? Today, the U.S. non-manufacturing PMI report will be published, and the EIA petroleum report. Here’s a short analysis and outlook of the crude oil market for today, August…
Gold and silver prices bounced back and finished yesterday in the green after they had declined on Monday; crude oil prices fell for the third straight business day; natural gas spot price (Henry Hub) very moderately inclined. Here is a…
Crude oil prices finished yesterday with moderate falls after the U.S. House approved raising debt ceiling to $16.4 trillion. This news has brought back some stability to the market. Today, the U.S. Personal Spending report will be published along with…
Following the vote in House of Representatives in which the $2.1 trillion US debt ceiling hike was approved, the US dollar soon followed and appreciated against major currencies mainly the Euro. Major commodities started August with falls as gold and…