Oil and natural gas continued to trade down on a weekly scale along with precious metals. These losses were recorded after the USD slightly recovered against leading currencies such as Euro and Yen and U.S equities traded up. On this…
The commodities markets moved in an unclear trend last week as oil remained nearly flat, natural gas bounced back, silver traded down and gold rallied. On this week’s agenda: U.S consumer sentiment, GDP reports for the second quarter from Japan,…
Here is another test episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch. As you can see from the title, we are still in a testing period. You are welcome to listen, subscribe…
The oil market cooled down in the past week despite the decision of Europe and U.S to impose economic sanctions on Russia, which could bring down the oil exports from Russia to the west. Currently, the sanctions aren’t expected to…
Most leading commodities took a nose dive last week, while USD rallied against leading currencies. This week, BOJ, BOE, RBA and ECB will have a rate decision meeting, in the U.S several economic reports will come out including non-manufacturing PMI,…
This week, several U.S economic reports will be published including non-farm payroll, manufacturing PMI, GDP Q2 first estimate, pending home sales, and jobless claims. The FOMC will convene again for the fifth time this year to decide of any changes…
This time it wasn’t the Middle East to pull up oil prices – but close by: The recent news regarding the firing down of the Malaysian plane above Ukraine triggered President Obama to step in and impose additional restrictions on Russia.…
Oil prices recovered last week on account of the rise in tension between the U.S and Russia. Moreover, this news provided some backwind for gold and silver but it wasn’t enough to offset the huge selloffs in precious metals market…
Welcome to our new podcast: Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch. As you can see from the title, we are still in a testing period. You are welcome to listen, subscribe and provide…
The oil market cooled down again during the previous week as the WTI and Brent dropped by 3.1% and 3.9%, respectively. As a result, the premium of Brent oil over WTI narrowed again; the premium ranged between $6.71 and $5.83.…