The week started with WTI spot price rising, Brent oil falling, natural gas prices declining and precious metals prices moderately rising. Here is a summary of the price movements of precious metals and energy commodities for June 20th: Oil and…
Gold and silver prices finished the week with rises, but they are off to a slow start today. The concerns over the European debt crisis (Greece) will be among the main topics of the day that could affect the financial…
The Greek debt will continue to be among the main news items that will affect traders and investors and consequently the financial markets including the Euros to US dollar exchange rates, indexes and major commodities prices. Here is an economic…
The week has ended with crude oil prices declined again along with natural gas spot prices (Henry Hub); gold and silver prices, on the other hand, closed the week with a moderate rise. Here is a summary of the price…
There are still major concerns over the Greek debt resulting in high uncertainty in the financial markets with crude oil prices falling, gold and silver remaining high and the Euros to US dollar exchange rate shifting direction on a daily…
According to a recent report, China’s holding of US Treasuries rose during April for the first time since in half a year; this news comes after China has reduced its holding in March by $9.2 billion from February. During April…
Following the sharp fall for crude oil prices the day before yesterday, natural gas prices soon followed as the July futures prices fell sharply by nearly 4%. Gold, silver and crude oil prices didn’t change much yesterday. Here is a…
Gold and silver prices continue to demonstrate a slow recovery from the falls they had at the beginning of the month. The recent rise in USD compared with major currencies especially EURO didn’t seem to have much of an effect…
The Eurostat published today that the Euro Area inflation rate reached 2.7% (Y-2-Y) during May 2011. This is a moderate decrease from April’s inflation rate of 2.8%. The EU inflation rate during April reached 3.2%, a decrease from 3.3% during…
Crude oil prices plummeted yesterday as the US dollar strengthened against major currencies including Euro and Canadian Dollar. Natural gas spot price also followed and fell; gold and silver prices didn’t change much. Here is a summary of the price…