Gold and silver changed course and slightly increased during last week. Their modest rally coincided with the rally of other commodities and stock markets and despite the moderate depreciation of leading currencies against the USD. Last week, ECB left the…
The prices of major commodities including natural gas, crude oil gold and silver changed course and rallied on a weekly scale; major currencies pairs including the Euro and Canadian dollar slightly depreciated against the USD during last week. Will commodities…
Gold and silver slightly rose during most of last week. Their price volatility was very low despite all the major reports and decisions that were made during last week. ECB left the Euro cash rate unchanged. This news may have…
Major commodities were traded mostly up on the last business day of the week: the prices of Brent oil fell while WTI oil rose again on Friday; natural gas Henry Hub future (short term delivery) also increased yesterday; silver and…
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;…
The recent monetary policy meetings of Bank of Canada and Bank of Japan didn’t lead to any big changes as both banks left their respective policy unchanged. Bank of Japan members voted against stepping up the asset purchase program. Bank…
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;…