Today, the U.S. Census Bureau updated on the number of new homes sales in the U.S during January 2012: new homes sales slightly declined again compared with December. According to the recent report, during January 2012 the annual rate of…
Gold and silver prices sharply increased yesterday and thus are about to complete one of their best performing weeks in February. Currently gold and silver prices are declining. Today, the U.S. new home sales report will be published and the…
Many commodities prices continued their rally: crude oil prices sharply increased; gold and silver also sharply rose; natural gas future price slipped yesterday. The Euro sharply appreciated against the US Dollar along with other major currencies (Canadian dollar) against the…
The U.S real estate market continues to rally as the U.S. existing homes sales rate increased during January 2012 by 4.3%; this news coincides with the recent rise in the housing starts. According to the recent report of the Realtors’…
Gold price continued its upward trend and moderately increased yesterday, while silver changed direction and was traded down. Currently gold and silver prices are increasing. The recent manufacturing PMI reports showed that EU and China’s manufacturing might have shrunk during February.…
Many commodities prices continued yesterday their upward trend but at a slower pace than they have had on Tuesday: crude oil prices moderately increased; gold price also rose, while silver slightly declined; natural gas future price also rose yesterday. The…
Gold and silver prices started off the week with very sharp gains. Yesterday’s gains were the sharpest this month (so far), which only goes to show how February is much less volatile than January. Currently gold and silver prices are…
Major commodities prices started off the week on a positive note as crude oil prices and metals prices such as gold and silver sharply increased yesterday. Some consider this rally to be related with the recent news from EU regarding…
As many had anticipated, the EU finance ministers approved today the second bailout of €130 billion for Greece. This bailout came after many hours of deliberations and after the EU finance ministers impeded their approval since last week. What does…
The EU ministers of finance approved the second package of the Greek bailout of €130 billion. This news may have helped rally the Euro and other currencies against the USD during the first day of the week. Due to President’s…