The Chairmen of the Federal Reserve Ben Bernanke testified today in before the January FOMC meeting. In his testimony Bernanke remained dovish regarding the FOMC monetary policy. He stated that the current policy of low interest rates and asset purchase…
Many commodities were mostly traded up on the first business day of the week: the prices of Brent oil slightly increased while WTI oil edged down on Monday; natural gas Henry Hub future (short term delivery) continued last week’s rally…
The prices of silver and gold continued to tumble down during last week. Their downward trend may have been ignited by publication of the minutes of the FOMC meeting that raised the speculation around the future steps of the FOMC…
Gold and silver prices continued to trade down during last week. The speculations around the future moves of the FOMC regarding its monetary policy including the QE3 program time-frame may have contributed to the rise in the bearish market sentiment…
Major commodities prices including oil, gold and silver continued to trade down during last week; major currencies pairs including the Euro and Canadian dollar also decrepitated against the USD during last week. Will commodities prices continue to decline next week?…
The prices of precious metals continued their downward trend and plummeted during last week mainly on Wednesday. The speculations around the future steps of the FOMC with respect to its monetary policy including the QE3 program time-frame may have contributed to the…
Many energy commodities changed course and rallied on Friday: the prices of Brent oil and WTI oil slightly rose on Friday; natural gas Henry Hub future (short term delivery) also changed direction and bounced back yesterday; the prices of silver…
The prices of precious metals didn’t do much yesterday and inched up after they had plummeted a day earlier. Their modest gain was despite the decline of the many “risk related currencies” such as Euro and Aussie dollar against the…
Many energy commodities traded mostly down again on Thursday: the prices of Brent oil and WTI oil fell on Thursday; natural gas Henry Hub future (short term delivery) also decreased yesterday; the prices of silver and gold changed direction and…
The Bureau of Labor Statistics came out with its recent report of the U.S CPI for January 2013. Based on the latest report, the consumer price index remained flat for the second consecutive month; in annual terms the US CPI…