Major commodities were traded up on the penultimate business day of the week: the price of Brent oil remained unchanged while WTI oil rallied yesterday; the prices of gold and silver also increased on Thursday; natural gas Henry Hub future…
Major commodities were traded in an unclear direction on the third business day of the week: the price of Brent oil and WTI oil bounced back and rallied yesterday; the prices of gold and silver remained virtually unchanged on Wednesday;…
According to the recent U.S. Census Bureau report regarding the new residential construction statistics for December 2012, the annual rate of housing starts spiked while rate of building permits inched up. This report sends a positive signal as to the…
Today, the first survey of 2013 for the Philly Fed Manufacturing Index for January was published. This survey estimates the U.S. manufacturing conditions. According to the latest update the conditions have deteriorated. Moreover, the index turned negative; the Philly Fed…
The Bureau of Labor Statistics published its latest report of the U.S CPI for December 2012. According to the latest report, the consumer price index remained unchanged after it had decreased by 0.3% in the previous month; in annual terms…
The prices of gold and silver continued their upward trend and rose for the second consecutive day. The recent fall of other commodities prices and major risk currencies such as Euro, and Aussie dollar didn’t seem to slow down the…
Retails and foods services sales rose again for the second consecutive month, during December 2012 by 0.5% compared with November’s sales and were also above the sales at December 2011. The U.S. Department of Commerce (pdf file) published yesterday its…
According to the latest producer price index monthly report, which was published yesterday, the PPI for finished goods declined again by 0.2% in December compared with November’s index. This report serves as an indicator for the changes in the U.S…
The prices of gold and silver started the week on a positive note. The recent of Bernanke may have contributed to the recent rally of precious metals on Monday. Will gold and silver continue to rise today? Currently, the prices…
Most commodities changed direction from Friday and bounced back on the first business day of the week: the price of Brent oil and WTI oil rose; the prices of gold and silver also increased on Monday; natural gas Henry Hub…