Yesterday, the U.S. Manufacturing ISM report was published; according to the latest report, the U.S. Manufacturing PMI index bounced back and rose to 50.7% during December 2012. The U.S. Manufacturing PMI is an index estimates the economic development of the…
Major commodities traded mostly up on the last business day of the year: the price of Brent oil and WTI oil changed direction and rallied; the prices of gold and silver also shifted gear and rose on Monday; natural gas…
The weakness of oil and natural gas prices during 2012 have contributed to the little growth of shares of Exxon Mobil Corporation (NYSE: XOM). As we are entering 2013 let’s examine the performance of Exxon in recent years, estimate its…
During the previous week, major commodities remained mostly unchanged as the markets slowed down due to the Holiday. Even the uncertainty around the fiscal cliff didn’t seem to affect the foreign exchange and commodities markets. Last week several U.S reports…
Major commodities traded mostly down on the last business day of the week: the price of Brent oil and WTI oil declined again; the prices of gold and silver also shifted gear and slipped on Friday; natural gas Henry Hub…
During the past couple of months, the price of oil has slightly increased. Despite the recent rally in oil prices, they are still down for the year by nearly 8%. The ongoing rise in the oil production and stockpiles along…
The prices of crude oil changed direction and declined in recent days. The Energy Information Administration came out with its petroleum and oil weekly update: During the previous week, U.S stockpiles changed direction again and moderately rose: the total U.S…
Major commodities traded again with a mixed trend on the second business day after the holiday: the price of Brent oil and WTI oil changed direction and declined; the prices of gold and silver also shifted gear and edged up…
Yesterday, the U.S. Census Bureau reported (opens pdf) on the developments in number of new homes sold in the U.S during November 2012: the number of new homes sales rose compared with the number of new homes sold during October…
Many commodities traded with a mixed trend on the first business day after the holiday: the price of Brent oil and WTI oil changed direction and rose; the prices of gold and silver changed remained virtually unchanged on Wednesday; natural…