Crude oil prices continue to seek direction after their rapid rise at the beginning of July. Despite the concerns from Europe about the debt of Greece and Portugal, and the US debt ceiling debate, oil prices remain high at the…
Gold and silver prices kept on rising during last week, and they continue to do so at this week. Today, the US TIC long term purchases report will be published; the Australian bank will make its decision on the overnight…
Gold and silver prices kept on rising yesterday despite the bounce back of the US dollar from Wednesday’s sharp falls. Today, the US consumer price index will be published. Let’s examine the news of the day related to the precious…
Crude oil prices changed direction and bounced back over the weak US dollar that fell probably due to the news of Moody’s concerns over US debt and Bernanke’s speech; according to recent US EIA report US petroleum stocks rose by…
Gold and silver prices rose very sharply yesterday over the news of Bernanke’s testimony and Moody’s rating warnings over US debt concerns. Today, the US producer price index will be published along the US unemployment claims. Let’s examine the news…
Gold price continues its rally as it rose for six consecutive days; gold and silver prices are currently traded up on the weak US dollar . Today, the Chairman of the Fed will testify, the Eurostat will publish the Euro…
Gold price rose again yesterday, while silver price broke formation and declined; currently both precious metals’ prices are dropping as the Euro further weakens. Today, the Canadian and American trade balance will be published along with July’s OPEC report. Let’s…
Crude oil prices continue to decline as the Euro keeps on freefalling. Â Today, the Canadian and American trade balance will be published along with July’s OPEC report. Here’s a short analysis and outlook of the crude oil market for today,…
Crude oil prices start the second week of July with falls, the same way they have ended last week. Today, the Canadian Housing starts and business outlook survey reports will be published; the Bank of Japan will publish its monetary…
Gold  price starts the week the same way it has ended the previous one with rises as the Euro and US economies continue to pose high risk. Today, the Canadian Housing starts and business outlook survey reports will be published;…