The Bureau of Labor Statistics published yesterday the recent report of the U.S CPI for April 2012. According to the publication the consumer price index remained unchanged and in annual terms the US CPI rose by 2.3%. The consumer price…
Gold and silver prices continued their downward trend and started off the week the same way they have ended the previous one– falling. Other commodities also fell including crude oil (WTI) and natural gas future. Finally, the Euro also sharply…
The Euro Area GDP didn’t change, i.e. the growth rate remained flat during the first quarter of 2012; this stagnation in GDP is mainly due to the growth in of Germany’s economy during the quarter by 0.5% that compensated for…
Following the results of the French and Greek election the market reacted to this news as the Euro declined during the week and dragged along with it other currencies such as the Aussie dollar and also commodities prices such as…
Crude oil prices continued their descent and mostly declined during the month (so far). The reports from OPEC and IEA might suggest the oil market is loosening up. The Brent premium over WTI slightly rose to $14 -$15 range. During…
Gold and silver prices resumed their downward trend and ended the week falling. Other commodities also declined including crude oil (WTI); natural gas future continued to trade up yesterday. Finally, the Euro also resumed its descent and thus decreased in…
Crude oil prices continued their descent and declined again during last. The news from OPEC of the steady rate of OPEC’s oil production and the rise in OECD oil inventories is plausibly a sign that crude oil prices, from the…
Gold price changed direction for the first time this week and edged up on Thursday. Silver price continued its downward trend; crude oil price (WTI) also shifted gears and moderately increased; natural gas future price continued it rally and slightly…
According to the recent May report done by the IEA – International Energy Agency on the global crude oil market as of March/April 2012. As the global Oil Supplies rose during April; the non-OPEC supply also increased during last month.…
Gold and silver prices continued their downward trend with no clear end in sight. Crude oil prices also declined during yesterday trading. Alternatively natural gas price hiked again yesterday. Finally, the Euro depreciated again against the U.S. dollar for the…