Many commodities traded up again on Thursday: crude oil prices (WTI and Brent) rose yesterday for the third consecutive day; gold and silver rose for the second straight day; natural gas Henry Hub future (September delivery) and spot prices declined…
Gold and silver edged up on Wednesday after they had declined during the first two days of the week. The bullion market continues to seek direction as both metals nearly didn’t change during the month. The U.S CPI remained unchanged…
Many energy commodities rose again on Wednesday: crude oil prices (WTI and Brent) increased yesterday for the second consecutive day; natural gas Henry Hub (September delivery) declined while the spot prices rose on Wednesday; gold and silver changed direction and…
Today, the eighth survey of 2012 for the Philly Fed Manufacturing Index for July came out. This survey estimates the U.S. manufacturing conditions. According to the recent report the conditions have improved but the index was still negative for the…
According to the latest U.S. Census Bureau report regarding the new residential construction statistics for July 2012, the annual rate of housing starts decreased while the rate of building permits increased. This report sends a mixed signal as to the…
Gold and silver declined again for the second straight day. Will this weakness in the bullion market continue? The Euro Area GDP contracted during the second quarter of 2012 by 0.2%. This news may have contributed to the decline of…
The Bureau of Labor Statistics published today the latest report of the U.S CPI for July 2012. According to the recent report, the consumer price index remained unchanged again for the second consecutive month, but in annual terms the US…
According to the recent producer price index monthly report, which came out yesterday, the PPI for finished goods rose by 0.3% in July compared with June’s index. This report serves as an indicator for the developments in the U.S core…
Many energy commodities changed direction and rallied on Tuesday: crude oil prices (WTI and Brent) rose yesterday after for they had declined for two consecutive days; natural gas Henry Hub (September delivery) and spot prices also changed direction and hiked…
Gold and silver, much like many other commodities, changed direction from last week and declined on Monday. The speculations around the future plans of ECB and Bank of China in regards to their respective stimulus plan could continue influencing bullion…