The commodities markets are heating up again: Last week leading commodities such as oil, gold and silver prices sharply increased. Moreover, leading currencies including Euro, Japanese yen and Canadian dollar also appreciated against the US dollar during last week. Will…
Gold and silver spiked during yesterday’s trading. The volume of trade also rose as the ramifications of Bernanke’s remarks may have contributed to the rally of not only precious metals prices but also equities. The current expectations are that the…
The high volatility in the financial markets including forex and commodities during yesterday’s trading may have stemmed, in part, by the recent publication of the minutes of the FOMC meeting and Bernanke’s speech. The dovish remarks of Bernanke may have…
The minutes of the latest FOMC meeting were published today. The minutes didn’t present too much added value information that wasn’t covered in the statement of the FOMC meeting and the press conference that followed. But the market is reacting…
The prices of gold and silver rose again for the second consecutive day. Will this upward trend continue today? The minutes of the last FOMC meeting will come out and could stir up the precious metals markets if the minutes…
Precious metals prices changed direction and following their sharp tumble on Friday, they bounced back on Monday. Will their rally persist? The recent rally of precious metals came in a slow business day as volume of trade wasn’t high. The…
Last week may have been a short one in the U.S but this didn’t stop the markets to heat up especially the U.S equities and crude oil prices that sharply rose. Conversely, silver and gold prices started off the week…
The U.S. employment rose again by a higher than expected pace – based on the ADP estimate, the non-farm payroll increased by 195k during May: Based on the recent U.S. employment report, which was published today, July 5th by the…
Yesterday the markets in the U.S were closed but the forex markets experienced high volatility mainly in Europe following the ECB and BOE rate decisions. These central banks left their cash rates unchanged but they presented guidelines for future low…
Gold and silver prices continued to rise for the second consecutive business day after precious metals had plummeted in the past couple of weeks. Their rally was despite the news of the U.S manufacturing PMI report for June, in which…