The U.S. Census Bureau reported (opens pdf) today on the changes in number of new homes sold in the U.S during May 2013: the number of new homes sales increased compared with the number of new homes sold during April…
Major commodities including gold, silver, oil and natural gas traded down during last week; their fall coincided with the tumble of equity markets and leading currencies such as Euro and Japanese yen against the USD. Last week’s Fed decision and…
The prices of crude oil (WTI and Brent) fell during last week: WTI declined by 4.25%; Brent oil slipped by 3.24%. As a result, the gap between the Brent oil and WTI slightly expanded; the difference between Brent and WTI…
The prices of crude oil (WTI and Brent) didn’t do much during last week: WTI rose by 1.9%; Brent oil slipped by 0.26%. As a result, the difference between the Brent oil and WTI sharply contracted; the difference between Brent…
Leading commodities such as oil, gold and silver rallied during last week. Leading currencies including Euro, Japanese yen and Aussie dollar appreciated against the USD last week. Will commodities continue to trade up this week? This forthcoming week several reports,…
In a recent interesting article by the Fool it was asked and answered why gas prices won’t break anytime soon the $5 a gallon mark. The author made some interesting and convincing arguments; however, based on the recent developments in…
The recent slowdown in the stock market may raise the demand for “safe haven” and stable stocks including Utilities stocks that tend to offer high dividend yields and are generally less volatile than other stocks. Is it time to reconsider…
According to the latest producer price index monthly update, which was published yesterday, the PPI for finished goods sharply rose by 0.5% in May compared with April’s index. This report serves as an indicator for the developments in the U.S…
Retails and foods services sales slightly rose again for the sixth time in seven months; the index increased during May 2013 by 0.6% compared with April’s sales and also remained above the sales at May 2012. The U.S. Department…
According to the latest June report published by the Organization of the Petroleum Exporting Countries referring to the latest developments in the crude oil market during May, OPEC’s oil production slightly rose during the month compared with April’s oil production.…