Gold and silver prices started off the week on a positive note as both precious metals hiked on Monday. This rally comes after both metals tumbled down last week. Crude oil price (WTI) continued to decline while Brent oil edged…
The U.S consumer confidence index declined again during June, after this index had declined during May. According to the latest U.S. consumer confidence survey, the consumer confidence index fell again in June compared with May’s index: The index reached in…
Today, the U.S. Census Bureau reported on the number of new homes sold in the U.S in May 2012: the number of new homes sales increased compared with the number of new homes sold during April 2012. According to the…
Following the results of the Greek elections the forex and commodities markets didn’t seem to react much to the news. The main event of last week was the decision of the FOMC to extend operation twist throughout 2012 by another…
Gold and silver prices didn’t do much on Friday after their tumble on Thursday. Gold finished slightly up while silver declined. Crude oil prices (WTI and Brent) recovered from their two day falls and rose on Friday. Natural gas Henry…
Crude oil prices tumbled down during last week along with many other commodities rates such as gold and silver. The FOMC revised down its projection on the U.S economy and in an effort to help jump-start the economy extended its…
Crude oil prices plummeted during last week mainly on Thursday after the FOMC revised down its projection on the U.S economy and in an effort to help jumpstart the economy only extended its operation twist without adding another expanding stimulus…
Gold and silver prices continued their downward trend and recorded the sharpest fall since the beginning of April 2012. Crude oil price (WTI and Brent) also tumbled down yesterday. Natural gas Henry Hub (July delivery) rose while the spot price…
The U.S real estate market continue to dwindle as it was reported today that the U.S. existing homes sales rate declined during May 2012 by 1.5% (M-o-M); this news comes after it was reported last week that there was a…
The FOMC extended operation twist for the rest of the year but didn’t announce any additional QE program. The Fed also lowered its economic projection of the U.S economy. This news didn’t help commodities prices as many of them declined.…