Major commodities including crude oil gold and silver tumbled down during most of last week. The sharp fall in oil prices may have stemmed from the recent negative U.S report (e.g. retail sales) that showed a decline in demand, and…
Major commodities traded mostly down on the last business day of the week: the prices of Brent and WTI oil tumbled down on Friday; natural gas Henry Hub future (short term delivery) continued to rally yesterday; silver and gold prices…
Retails and foods services sales changed course and unexpectedly fell for the first time in five months; the index decline during March 2013 by 0.4% compared with February’s sales but remained above the sales at March 2012. The U.S. Department…
According to the recent producer price index monthly update, which was published yesterday, the PPI for finished goods changed course and sharply fell by 0.6% in March compared with February’s index. This report serves as an indicator for the developments…
Major commodities traded in a mixed trend on the penultimate business day of the week: the prices of Brent and WTI oil changed direction and fell on Thursday; natural gas Henry Hub future (short term delivery) continued to trade up…
Major commodities traded in a mixed trend on the third business day of the week: the price of Brent slipped while WTI oil rose again on Wednesday; natural gas Henry Hub future (short term delivery) rallied yesterday; silver and gold…
Shares of BP plc (NYSE:BP) resumed their downward trend in recent weeks. One of the reasons for company’s decline may have been related to the tumble in the price of oil. But the main issue continues to be the lawsuits BP…
Major commodities traded mostly up on the second business day of the week: the price of Brent and WTI oil rose again on Tuesday; natural gas Henry Hub future (short term delivery) declined yesterday; silver and gold prices rallied on…
Leading commodities traded in a mixed trend on the first business day of the week: the price of Brent and WTI oil changed direction and rose on Monday; natural gas Henry Hub future (short term delivery) declined yesterday; silver and…
The prices of major commodities including gold, crude oil and silver tumbled down during most of last week. Conversely, major currencies moved in a mixed trend: The Euro rose against the USD while the Japanese Yen fell against the USD.…