There has been a lot of hype of the recent recovery of natural gas prices and by extension the rise in United States Natural Gas (UNG). Will this rally help boost the stock of Exxon Mobil Corporation (XOM)? I think…
Gold and silver prices changed direction from their two day rally during the end of last week and resumed their downward trend during yesterdays trading. On the other hand crude oil prices rose; natural gas future tumbled down. The Euro…
Following the recent developments in the Greece in which it was decided there will be elections on June 17th the Euro took a dive and was traded down most of the week against the USD. The recent publications from the…
Gold and silver prices continued their rally and ended the week on a positive note. Crude oil (WTI) on the other hand continued its descent; natural gas future spiked. The Euro also changed direction and traded up against the USD.…
Natural gas market keeps showing signs of recovery and the future and spot prices continue their upward trend. According to the recent NG storage report, there was a 61 bcf injection, which is 30 Bcf below the injection from a…
Gold and silver prices changed direction and bounced back during yesterday’s trading. The recent disappointing news of the drop in the Philly Fed Index may have been among the factors to drag down energy commodities prices: Crude oil (WTI) continued…
Natural gas prices continued their rally during most of the week. I have already talked about the recovery of natural gas prices and think it’s a little over blown. The natural gas storage rose again at a slower pace than…
The recent news from Greece is that there will be elections on June 17th. The housing starts rose by 2.6% in April. This news along with the recent developments in Europe may have been among the factors to further drag…
The recent developments in Europe including the higher than expected growth rate of Germany’s GDP by 0.5%, and the news that Greece is heading towards another elections, left the Euro falling again against the USD. Gold and silver prices continued…
Gold and silver prices continued their downward trend and started off the week the same way they have ended the previous one– falling. Other commodities also fell including crude oil (WTI) and natural gas future. Finally, the Euro also sharply…