The summer days may have pulled back the volatility in the financial markets as leading commodities such as oil, natural gas and gold didn’t do much during last week. Leading currencies including Euro, Japanese yen and Aussie dollar rallied against…
Retails and foods services sales slightly increased again for the seventh time in eighth months; the index rose during June 2013 by 0.6% compared with May’s sales and also remained above the sales at June 2012. The U.S. Department of…
The commodities markets are heating up again: Last week leading commodities such as oil, gold and silver prices sharply increased. Moreover, leading currencies including Euro, Japanese yen and Canadian dollar also appreciated against the US dollar during last week. Will…
Oil prices (WTI and Brent) rose again during last week: WTI rose by 2.64%; Brent oil also increased by 1.01%. As a result, the premium of Brent oil over WTI sharply fell; the premium ranged between $2 and $4. According…
Last week may have been a short one in the U.S but this didn’t stop the markets to heat up especially the U.S equities and crude oil prices that sharply rose. Conversely, silver and gold prices started off the week…
The prices of oil (WTI and Brent) continued their rally during last week: WTI increased by 6.9%; Brent oil also increased by 5.44%. As a result, the gap between the Brent oil and WTI moderately contacted; the gap between Brent…
The U.S. employment rose again by a higher than expected pace – based on the ADP estimate, the non-farm payroll increased by 195k during May: Based on the recent U.S. employment report, which was published today, July 5th by the…
The oil market is heating up. The recent developments in the Middle East and the start of driving season in the U.S may have contributed to the recent rally of oil prices. Will the oil market continue to heat up?…
The prices of oil (WTI and Brent) bounced back during last week: WTI rose by 3.06%; Brent oil also increased by 1.24%. As a result, the difference between the Brent oil and WTI slightly contacted; the gap between Brent and…
The leading energy commodities such as oil bounced back last week while other commodities including gold silver and natural gas continued to trade down during last week. Will leading commodities continue to trade down? In the forthcoming week several reports,…