According to the recent consumer confidence survey in the US, the consumer confidence index has declined during June; this index declined during May as well. This survey shows the confidence of American consumers in US businesses; the total index declined…
Category: Crude Oil
Oil Prices Daily Outlook 28 June
Crude oil prices didn’t change much yesterday, as they still seek direction. Today all eyes head towards Greece and the upcoming voting on the budget cuts. On the agenda today: the US consumer confidence report will be published; Libyan conflict…
Silver and gold prices started the week with falls –June 27
The week started the same way the previous week had ended for gold and silver prices as they have declined again; crude oil price (WTI and Brent spot oil) had moderate changes; natural gas spot price continued bounced back and…
Oil prices daily outlook 27 June
Crude oil prices start the week the same way they have ended the previous one – with falls. The Greek debt crisis is still likely to continue stirring the financial markets during the upcoming weeks and might even affect crude…
Greek rescue plan news update– June 27
Is the Greek rescue plan underway? According to recent news, French banks including BNP Paribas told the French government they are willing to be among the financiers to roll over the maturing Greek government bonds, and thus to avert a…
Recommended posts for the weekend – June 26
The Greek debt crisis seems to have subsided for now, but it’s still far from over. Here are a several recommended posts you may find interesting as of June 26th: Yohay Elam in Forexcrunch analyzes the growing concerns over…
Weekly outlook for June 27- July 1
The debt crisis in Europe and the economic slowdown in US are among the news items that will likely to continue affecting the Euros to US dollar exchange rate, indexes and major commodities prices in the upcoming week. Here is…
Oil prices fell again during last week – Weekly recap 20-24 June
Crude oil prices tumbled down during last week as the IEA stated it will release 60 million crude oil barrels from its oil reserves; last week’s speech by Fed chairman – Ben Bernanke, in which he didn’t say there will…
Silver and gold prices finished the week with falls –June 24
The week ended with gold and silver prices declined, while crude oil price (WTI spot oil) bounced back with moderate rises; natural gas spot price continued to fall. Here is a summary of the price movements of precious metals and…
Oil and gold prices tumbled down yesterday –June 23
Major commodities across the board including gold, silver natural gas and crude oil tumbled down yesterday. See here for the daily analysis on crude oil and on gold and silver prices for the suggested reasons for these sharp falls. Here…