During recent weeks the price of oil has rallied. One of the reasons many investors attribute to the recent rise in oil prices is the tensions in Algeria. The colder than anticipated weather in Europe and U.S is also another…
Major commodities prices including gold, silver and oil rose during last week. Will this rally continue? Next week several reports and speeches may affect the financial markets. These include: U.S new home sales, Mario Draghi’s speech, Euro-group meetings, Canada’s retail…
During last week, crude oil price resumed its upward trend. According to the recent EIA report, oil stockpiles rose by 3.7MB. During last week, WTI oil rose by 2.14%; Brent oil inched down by 0.03%. As a result, the gap…
Crude oil price resumed its upward trend during last week. The U.S stockpiles rose again according to the latest EIA report. The gap between Brent and WTI narrowed again to a range between $15 and $17 during last week. Brent…
Major commodities were traded mostly up on the last business day of the week: the price of Brent oil remained flat while WTI oil rose again yesterday; the price of gold edged down while  silver increased on Friday; natural gas…
Major commodities were traded up on the penultimate business day of the week: the price of Brent oil remained unchanged while WTI oil rallied yesterday; the prices of gold and silver also increased on Thursday; natural gas Henry Hub future…
Major commodities were traded in an unclear direction on the third business day of the week: the price of Brent oil and WTI oil bounced back and rallied yesterday; the prices of gold and silver remained virtually unchanged on Wednesday;…
According to the recent U.S. Census Bureau report regarding the new residential construction statistics for December 2012, the annual rate of housing starts spiked while rate of building permits inched up. This report sends a positive signal as to the…
Today, the first survey of 2013 for the Philly Fed Manufacturing Index for January was published. This survey estimates the U.S. manufacturing conditions. According to the latest update the conditions have deteriorated. Moreover, the index turned negative; the Philly Fed…
The Bureau of Labor Statistics published its latest report of the U.S CPI for December 2012. According to the latest report, the consumer price index remained unchanged after it had decreased by 0.3% in the previous month; in annual terms…