The debt ceiling was raised by $2.1 trillion and the financial market has gained back some of its stability. Gold and silver prices started off the month with small changes. Today, the U.S. ISM Manufacturing PMI report will be published. …
Category: Daily Forecast
Oil Prices Daily Outlook August 1
Crude oil prices finished July with falls and they have also started August with moderate falls. The debt ceiling talks have concludes with the debt limit rising to $16.4 trillion. This news might bring back some stability to the market.…
Oil Prices Daily Outlook July 29
Crude oil prices moderately inclined yesterday. The EIA natural gas market report was published yesterday and presented an increase in natural gas storage of 43 Bcf. Today, the Euro Area inflation rate will be published, the U.S. advance estimate of…
Gold & Silver Prices – Daily Outlook July 29
Gold and silver prices remained unchanged in recent days: during the first couple of weeks of July (1st to 18th of July), gold price rose by 8.08% and silver price inclined by 19.69%; on the other hand, during this week…
Oil Prices Daily Outlook July 28
Crude oil prices declined yesterday: the WTI spot oil price declined by 2.22%; this was the sharpest daily percent change it had since July 14th. Yesterday, the EIA petroleum stocks was published and presented a sharp increase in stockpiles of…
Gold & Silver Prices – Daily Outlook July 28
Gold and silver prices slowed down their rally as gold price rose by only 0.18% during this week and silver price by only 0.51% The U.S. debt ceiling continues to occupy the financial news – today a bill proposed by…
Gold & Silver Prices – Daily Outlook July 27
Gold and silver prices continue to moderately incline as the uncertainty around the raising of the U.S. debt ceiling continues to occupy the financial news. Currently, gold and silver prices are trade with moderate changes. Today, the U.S. durable goods…
Oil Prices Daily Outlook July 27
Crude oil prices continue to seek direction as WTI spot oil price gained only 0.9% to its value since July 7th up to date; Brent oil price, over the same period gained only 0.3%. Today, the U.S. durable goods report…
Oil Prices Daily Outlook July 26
Crude oil prices continue to zigzag as they did in the past couple of weeks. Today, the U.S. consumer confidence report will be published along with the U.S. new home sales. Here’s a short analysis and outlook of the crude…
Gold & Silver Prices – Daily Outlook July 26
Gold and silver prices continue the upward trend and inclined yesterday for the second straight business days. The U.S. debt ceiling talks continue to be one of the prime concerns of the financial market. Today, the U.S. consumer confidence report…