Following the sharp drops in the major commodities prices recorded during last week, the week before Christmas may also bring sharp shifts and turns as there are many items, meetings and events on the financial and political agenda that may…
Gold and silver prices recorded one of their worst weeks in the past months. Both precious metals prices didn’t decline by such a sharp rate since the penultimate week of September – back when the CME raised the margins on…
Major commodities prices ended the week on a slightly positive note as many commodities prices mainly precious metals prices rallied from the sharp falls recorded a couple of days earlier: Gold and silver prices slightly inclined; Brent oil price moderately…
According to the recent report of the Bureau of Labor Statistics, the U.S inflation for November 2011 remained unchanged and in annual terms the US inflation rose by 3.4%. The consumer price index without food and energy rose by 0.2%…
Gold price continued to decline yesterday after the sharp falls recorded a day earlier; silver price on the other hand changed direction and slightly rallied. The U.S. Producer Price Index slightly inclined according to yesterday’s PPI report, and the Philly…
Many major commodities prices continued to decline yesterday following the sharp falls they had experienced on Wednesday: Gold price moderately declined while silver price slightly rose; crude oil prices decreased again; natural gas spot prices (Henry Hub) also declined. Major…
Today, the last survey of the year for the Philly Fed Manufacturing Index for December was published: this survey showed the U.S. manufacturing conditions continue to expand and at a slightly faster pace in December; the December Philly Fed index…
According to the recent producer price index report, which was published today, the PPI for finished goods in increased by 0.3% November compared to October. This report also serves as an indicator for the upcoming U.S core CPI to be…
Gold and silver prices sharply declined yesterday along with other commodities prices such as crude oil prices; this may have been triggered by the recent FOMC meeting and the disappointment of the markets from no new stimulus plan. But today…
Major commodities prices took a dive yesterday and declined by the sharpest rate in recent months; some speculate that the trigger for this turn of events may have been the announcement in the recent FOMC meeting of no new stimulus…