The prices of gold and silver remained virtually unchanged again. The recent decision of ECB to keep its rate unchanged may have contributed to the sharp gain in the Euro against leading currencies including the USD. Other leading risk currencies…
The U.S. employment increased by higher than many had anticipated – based on ADP estimate, the non-farm payroll rose by 198k during February: according to the recent U.S. employment report, which was published today, March 8th by the Bureau of…
Major energy commodities were traded mostly up on the fourth business day of the week: the prices of Brent oil and WTI oil changed course and rose on Thursday; natural gas Henry Hub future (short term delivery) also spiked yesterday;…
ECB President Mario Draghi left the ECB cash rate flat at 0.75% and the deposit rates at 0%. In the press conference that followed the announcement Mario Draghi kept this usual stands about the projections of Euro Area. He stated…
Major energy commodities were traded mostly down on the third business day of the week: the prices of Brent oil and WTI oil changed course and decreased on Wednesday; natural gas Henry Hub future (short term delivery) also fell yesterday;…
The prices of precious metals slightly rose again for the second straight day. The volatility might pick up as the week will progress as the main events and reports of the week will come into fruition by then. The main…
Major commodities were traded mostly up on the second business day of the week: the prices of Brent oil and WTI oil increased on Tuesday; natural gas Henry Hub future (short term delivery) remained unchanged yesterday; silver and gold prices…
The rates of silver and gold remained virtually unchanged on the first of day of the week. In Australia, RBA left its policy unchanged and didn’t cut its cash rate. Governor Stevens was upbeat about the rise in capital expenditures.…
Major commodities were traded with little movement on the first business day of the week: the prices of Brent oil and WTI oil slightly decreased again on Monday; natural gas Henry Hub future (short term delivery) resumed its upward trend…
The prices of silver and gold didn’t do much during last week: both metals started off the week rising, but they have changed course and tumbled down during the second part of the week. One of the main events last…