The sharp rise in shares of Chesapeake Energy (NYSE: CHK) has curbed down in the past several months. Albeit the company’s third quarter earnings results were good, this wasn’t enough to impress investors. Has the company done well in the…
Last week’s slow pace in the financial markets won’t repeat next week, and many news items, decisions and reports will come to fruition. These include: U.S non-farm payroll report, ECB, RBA, BOC and BOE rate decisions, U.S, Canada, Australia and…
Oil price (WTI and Brent) slipped last week: WTI declined by 2.24%; Brent oil, by 1.22%. As a result, the gap of Brent oil over WTI widened again: The premium ranged between $19.01 and $16.91 – the highest range in…
Oil price (WTI and Brent) rallied last week: WTI rose by 1.07%; Brent oil increased by 2.3%. As a result, the gap of Brent oil over WTI widened again: The premium ranged between $13.58 and $16.21 – the highest range…
During last week, several leading commodities prices including gold and silver declined. Their recent tumble coincided with the recovery of the US dollar against leading currencies such as Aussie dollar, Japanese yen and Canadian dollar. In the upcoming week several…
Oil price (WTI) slipped again last week, while Brent oil rallied: WTI inched down by 0.80%; Brent oil sharply rose by 3.26%. As a result, the gap of Brent oil over WTI expanded: The premium ranged between $11.26 and $14.78…
Oil prices (WTI and Brent) slightly declined last week: WTI inched down by 0.01%; Brent oil, by 0.75%. As a result, the gap of Brent oil over WTI contracted: The premium ranged between $9.26 and $11.96. Last week, the EIA’s…
Major commodities prices have mostly decreased during last week including Oil (Brent), gold and silver prices. The recent U.S GDP and NF payroll report were better than anticipated, which contributed to the rally of the US dollar. Moreover, the decision…
The Bureau of Labor Statistics published its monthly update: Total U.S. employment rose by a higher than expected rate – according to the ADP report, private non-farm payroll increased by 130k during October: The latest U.S. employment report, which was…
Last week, the FOMC meeting may have rekindled the speculations of tapering QE3 in December. The market reaction soon followed as the USD rallied and precious metals prices tumbled down. Looking forward, will the US dollar continue to rally? This…