Today the U.S. Manufacturing ISM report came out; according to the recent update, the U.S. Manufacturing PMI index fell to 49.7% during June 2012. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S. manufacturing…
Crude oil prices continued to dwindle during the first part of the week but by the end of the week oil, much like other commodities, hiked on account of the recent surprise resolution of the EU Summit. Will this recovery…
Following the decision in the EU Summit that took many by surprise the commodities prices including gold, silver and oil changed direction from Thursday and hiked on the last day of the month. The Euro also bounced back and dragged…
Major commodities and U.S stock markets changed direction and after they had tumbled down on Thursday, coming Friday commodities, stocks and currencies hiked on account of the recent agreement struck among EU countries. In this agreement EU leaders agreed that…
Crude oil prices didn’t do much during the first four days of the week only to hike on Friday on account of the recent EU Summit. . The EU leaders decided that struggling EU banks (including in Spain) will be…
Major commodities and U.S stock markets tumbled down yesterday: Crude oil prices including both WTI and Brent fell on Thursday. Natural gas Henry Hub (July delivery) and spot price also changed direction and tumbled down. Gold and silver prices sharply…
Crude oil prices continued with their comeback and both WTI and Brent oil rose on Wednesday. Natural gas Henry Hub (July delivery) and spot price also rose. Gold and silver prices didn’t do much on Wednesday as gold slightly increased…
In this week’s petroleum and crude oil weekly update by the Energy Information Administration, the U.S refinery capacity for 2011 and 2012 was examined. The report shows there has been a drop in the refineries capacity during 2011 mainly due…
Gold and silver prices changed direction and declined on Tuesday after they started off the week rising. Crude oil price (WTI) changed direction and edged up while Brent oil hiked and thus widen the gap between Brent and WTI. Natural…
According to the recent monthly report of the U.S. pending homes sales, which was published today June 27th by the National Association of Realtors, the real estate market has shifted again as pending home sales rose during May: the U.S.…