Many commodities rates increased on the third day of the week and on the first trading day of week in New York following Hurricane Sandy: WTI oil rose again yesterday while Brent oil changed direction and slipped; the prices of…
Today, the U.S. Manufacturing ISM report came out; according to the recent update, the U.S. Manufacturing PMI index edged up to 51.7% during October 2012. The U.S. Manufacturing PMI is an index that estimates the economic development of the U.S.…
Major commodities prices bounced back on the second day of the week: WTI and Brent oil rose yesterday; the prices of silver and gold also edged up on Tuesday; natural gas Henry Hub future (November delivery) changed direction on Tuesday…
Major commodities prices traded mostly down on the first day of the week: WTI and Brent oil decreased yesterday; the prices of silver and gold slipped again on Monday; natural gas Henry Hub future (November delivery) changed direction on Monday…
During last week, crude oil continued their downward trend, which coincided with the appreciation of the USD against the Euro and Canadian dollar. The oil stockpiles changed direction and rose during last week by 3.9 M bl. During the previous…
During last week, major commodities prices fell again; this includes oil, natural gas, silver and gold. Will this trend continue this week? The FOMC meeting concluded, as expected, with no changes to the Fed’s monetary policy. Several reports may have affected…
Crude oil prices declined again during last week. The recent positive news of the rise in the U.S GDP by 2% during the third quarter seems to only slightly affect oil prices. The difference between Brent and WTI rose during…
Major commodities prices traded in a mixed trend on the last day of the week: WTI and Brent oil increased again yesterday; the prices of silver and gold edged down on Friday; natural gas Henry Hub future (November delivery) declined…
Major commodities prices bounced back on the fourth day of the week: WTI and Brent oil rose yesterday; the prices of silver and gold also increased on Thursday; natural gas Henry Hub future (November delivery) declined on Thursday for the…
The bureau of economic analysis published today October 26th its first estimate of the growth rate of the U.S. Gross Domestic Product for the third quarter of 2012. According to the recent update U.S output of goods and services growth…