Gold and silver continue to shift from gains to losses as both precious metals were trade slightly up on Tuesday; crude oil WTI also edged up while Brent slightly declined. Furthermore, the price of natural gas (spot and future) continued…
Following the sharp plunge in the stock markets and commodities markets during Friday after the disappointing U.S employment report came out, the market slightly bounced back on Monday as crude oil (both Brent and WTI) were traded down. Furthermore, the…
The oil market cooled down very rapidly in the last few days: the price of WTI oil and by extension United States Oil (USO) has tumbled down during May by nearly 18% – the sharpest monthly fall in over a…
The commodities markets experienced one of the most turbulent weeks in 2012 (up to date) as gold and silver prices sharply rose on Friday while major energy commodities prices including oil and natural gas tumbled down throughout the week. The…
Crude oil prices plummeted during last week to their lowest levels in 2012. The disappointing U.S reports including the lower than expected growth in U.S employment may have contributed to the revised down expectations of demand for oil in the…
Crude oil prices plunged during last week. The disappointing U.S reports including the revised down U.S GDP, the decline in the growth rate of the manufacturing PMI and lower than expected growth in U.S employment may have contributed to the…
Gold and silver prices changed direction again and spiked on Friday. The disappointing U.S employment report and U.S PMI Manufacturing index may have contributed to the rally in precious metals and the renewed speculations of another QE program in the…
The growth in U.S. employment didn’t meet expectations and only slightly expanded during May: according to the latest U.S. employment report, which was published today, June 1stby the Bureau of Labor Statistics the number of non-farm employees increased by only…
Today the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI growth rate decreased to 53.5% during May 2012. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S.…
Gold and silver prices changed direction again and this time edged down during Thursday. Crude oil continued its downward trend and fell (both Brent and WTI). Furthermore, the price of natural gas (spot) also declined while the future price remained…