According to the recent producer price index monthly report, which came out yesterday, the PPI for finished goods rose by 0.3% in July compared with June’s index. This report serves as an indicator for the developments in the U.S core…
Many energy commodities changed direction and rallied on Tuesday: crude oil prices (WTI and Brent) rose yesterday after for they had declined for two consecutive days; natural gas Henry Hub (September delivery) and spot prices also changed direction and hiked…
The Euro Area GDP contracted by 0.2% during the second quarter of 2012; this contraction in GDP came despite the slight growth in Germany’s economy by 0.3% and perhaps due to the decline in GDP in other leading countries such…
Many commodities declined again on the first day of the week: crude oil price (WTI and Brent) declined for the second consecutive day; gold and silver also slipped; natural gas Henry Hub (September delivery) and spot prices continued their downward…
Retails and foods services sales edged up in July 2012 compared with June’s sales, and were above the sales at July 2011. The U.S. Department of Commerce published today its monthly report on the changes in the U.S. retail and…
During last week there weren’t many changes in the Forex and commodities markets: the Euro/USD declined while major commodities such as gold oil and silver rose. Will this direction change during this upcoming week? There are several important publications and…
Crude oil prices traded up during most of the week; the gap between Brent and WTI also grew. The recent OPEC monthly report revealed a slight decline in the oil production of Iran but the overall OPEC oil production didn’t…
Many commodities changed direction and declined on the last day of the week: crude oil price (WTI and Brent) changed direction and fell on Friday; gold rate edged up while silver slipped; natural gas Henry Hub (September delivery) and spot…
Crude oil prices rose during most of the week until Friday when both WTI and Brent oil prices slipped. Further, the gap between Brent and WTI also expanded. The recent OPEC monthly report revealed a slight decline in the oil…
Many commodities continued to trade up on Thursday: crude oil price (WTI) nearly didn’t change while Brent oil rose again on Thursday; gold and silver also edged up; natural gas Henry Hub (September delivery) rose while spot prices remained unchanged.…