Major commodities were traded with mixed trend during the first day of the month: crude oil price (WTI) rose while Brent oil decreased again on Wednesday; gold and silver prices continued to decline; natural gas Henry Hub (August delivery) and…
The Fed announced it won’t change its monetary policy and keep its ongoing plans of extending operation twist and keeping low rates until late 2014. The FOMC stated it sees signs of slowdown in the U.S. economy. Currently gold and…
According to this week’s petroleum and oil weekly update prepared by the Energy Information Administration, there is an analysis on the high levels of operations in refineries in the Central U.S. During last week there was a drop in the…
Most major commodities declined during the last day of the month: crude oil prices including WTI and Brent oil decreased on Tuesday; gold and silver prices also decreased; natural gas Henry Hub (August delivery) remained unchanged while the spot price…
Today the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index edged up to 49.8% during July 2012. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S.…
Most major commodities moved in a mixed trend during Monday: crude oil prices including WTI and Brent oil declined; gold and silver prices increased; natural gas Henry Hub (August delivery) and spot price hiked. The Euro changed direction and fell…
The U.S consumer confidence index changed direction and rose during July, after this index had declined during the past couple of months. . According to the recent U.S. consumer confidence survey, the consumer confidence index declined in July compared with…
Crude oil prices started off the week with a sharp tumble but throughout the rest of the week both Brent and WTI recovered. The news of the decline in new home sales and pending home sales didn’t seem to affect…
During last week the Euro and commodities prices started off falling but by the second part of the week they have changed direction and rallied. The pledge of ECB President to preserve the Euro did the trick. Now it will…
Most major commodities rose during Friday: crude oil prices including WTI and Brent oil rose again; gold and silver prices didn’t do much as both precious metals edged up; natural gas Henry Hub (August delivery) and spot price declined again.…