Major commodities trade up on Thursday: WTI oil and Brent oil rallied yesterday; this rally came after the WTI oil price had declined in the previous three days; gold and silver also bounced back and rose on Thursday; natural gas…
The prices gold and silver declined yesterday and thus since September 14th, following the announcement of the FOMC to launch QE3, the price of silver fell by 2.07% and gold by 1.08%. The same goes for the Euro and other “risk…
The highly anticipated announcement of the FOMC to launch QE3 was finally made a couple of weeks ago. As expected, on the day of the announcement the prices of gold rose. But since then, the price of gold remained nearly…
The bureau of economic analysis published today September 27th its third and final estimate of the growth rate of the U.S. Gross Domestic Product for the second quarter of 2012. According to the recent update U.S output of goods and…
Major commodities trade in a mixed trend on Wednesday: WTI oil decline again and thus completed a three consecutive days of falls, while Brent oil rose again; gold and silver also declined; silver fell for the fourth straight day; natural…
Yesterday, the U.S. Census Bureau reported on the shifts in number of new homes sold in the U.S during August 2012: the number of new homes sales edged down compared with the number of new homes sold during July 2012.…
The prices gold and silver remained nearly unchanged yesterday and thus they have both continued their unclear trend from last week. Yesterday, President of Federal Bank of Philadelphia commented on the recent decision of the FOMC to launch QE3. He…
Major commodities trade in a mixed trend on the second day of the week: WTI oil decline while Brent oil started edged up; gold and silver also moved in different directions as gold edged up while silver slipped; natural gas…
The prices gold and silver declined on the first day of the week along with other commodities and foreign exchange rates such as Euro and Aussie dollar. The Euro market is still waiting for Spain to request the ECB to…
The U.S consumer confidence index changed direction and rose during September, after this index had fallen during August. . According to the latest U.S. consumer confidence survey, the consumer confidence index rose in September compared with August’s index: The index…