The bullion market didn’t do much during last week as both gold and silver moved in an unclear trend during the week. Their unclear trend was also recorded in the forex and equity markets. Last week in the U.S: Jobless…
Retails and foods services sales slightly rose again for the sixth time in seven months; the index increased during May 2013 by 0.6% compared with April’s sales and also remained above the sales at May 2012. The U.S. Department…
Precious metals continue to zigzag and gold and silver rates declined yesterday after they rallied a day earlier. Conversely, leading currencies such Euro and Aussie dollar rose against the USD yesterday. In the U.S, retail sales slightly increased by 0.6%;…
Leading commodities were traded up on the third business day of the week: Brent and WTI oil bounced back on Wednesday; natural gas Henry Hub future (short term delivery) also rallied yesterday; silver and gold bounced back from Tuesday’s fall…
Gold and silver prices changed direction and slipped yesterday. In the forex market the big movement came from Asia as the Japanese yen sharply strengthened following Bank of Japan’s recent monetary policy meeting. The Bank decided to keep its policy…
Leading commodities were traded in a mixed trend on the first business day of the week: Brent and WTI oil slipped on Monday; natural gas Henry Hub future (short term delivery) also moderately decreased yesterday; silver and gold bounced back…
During the beginning of the week gold and silver rallied only to tumble down on Friday. In Europe, ECB and BOE kept its cash rate unchanged. This news may have contributed to the rally of not only the Euro but…
Major commodities including natural gas, silver and gold slipped during last week. The latest decision of ECB to leave its cash rate unchanged helped pull up the Euro and bullion rates. But the latest U.S employment report, in which 175k…
The bullion market changed direction during the week as both gold and silver rallied at the beginning of the week only to plummet at the end of the week. At the beginning of the week commodities prices rallied perhaps on…
The U.S. employment increased again by a higher than expected pace – according to the ADP estimate, the non-farm payroll rose by 135k during April: Based on the latest U.S. employment report, which was published today, June 7th by the…