The second week of February started with falls in major oil and gas prices, including crude oil price (WTI spot) and gas prices (Henry Hub spot). Let’s quickly review the changes in major energy commodities market and precious metals for…
In a previous post I have examined the correlation between crude oil price and S&P 500; now let’s take a look at the relation between spot gold price and S&P 500 and whether the changes in the stock market trend…
Here is a weekly outlook for the week of February 7th to 11th showing the news items and reports that will be published this coming week mainly related to the US, Canada and German economies. In addition, to the reports…
During the week of January 31 to February 4th gold and silver prices showed strength for most of the week, after both precious metals declined at the previous week. Let’s see the main changes for these precious metals prices: The…
Crude oil price fell yesterday, along with other major energy commodities including natural gas spot price; Gold price also declined while silver prices rose yesterday. Let’s quickly review the changes in major energy commodities market and precious metals for February…
Natural gas spot price increased yesterday, mainly due to the cold weather in the US; Gold and silver prices continue to zigzag as they inclined yesterday; crude oil price fell after it inclined on Wednesday. Let’s quickly review the changes…
Oil and Gas prices rose yesterday, however each of these commodities inclined for a different reason. Gold and silver prices continue to zigzag as they declined yesterday. Today the EIA will publish its report on natural gas storage and consumption.…
Following the news from Egypt in which President Hosni Mubarak announced he won’t seek another term in presidency, it seems that the pressure in the energy markets has subsided a bit as WTI crude oil price declined, while Brent oil…
Here is a weekly outlook for the week of January 31st to February 4th showing the news items and reports that will be published this coming week mainly related to the US, Canada and EURO economies. In addition, to the…
During the week of January 24th to 28th gold and silver showed weakness for most of the week, only to bounce back on Friday. Let’s see the main changes for these precious metals prices: The recent rally some for gold…