After the sharp gains recorded on Thursday to major commodities, Friday ended with a slower trading day as major commodities prices slightly changed: crude oil prices slipped; gold price slightly declined while silver price rose again. On the other hand…
Major commodities got a big bump yesterday after the news of EU leaders reaching an agreement on the debt crisis resolution, and the news of the U.S. GDP growth rate reaching 2.5% broke; these news items seem to have helped…
The natural gas prices changed direction last week and sharply inclined as U.S natural gas consumption moderately rose, while natural gas production slipped. Here is a summary of the recent U.S natural gas market EIA report regarding the week ending…
Gold and silver prices continued their rally and increased for the fourth straight business days; on the other hand crude oil prices sharply fell; natural gas prices were traded with mixed trend as the spot price increased while the short…
The precious metals market heated up again as gold and silver prices sharply inclined for the third straight business days; WTI oil price sharply rose, while Brent oil slipped resulting in the gap between the two energy prices shrinking; natural…
According to the recent U.S. consumer confidence survey, the consumer confidence index slipped in October compared with September’s index. The index reached in October to 39.8 (1985=100) a drop from 46.4 in September. American consumers’ short term outlook in U.S.…
Major commodities sharply rose on the first day of the week: Gold and silver prices inclined for the second straight business days; crude oil prices sharply inclined – the sharpest gain in a single day since October 5th; natural gas…
As we are entering the last week of October all eyes will be set towards the EU summits that will be on Sunday and Wednesday; there are additional events and reports for the upcoming week that could influence the financial…
Natural gas market changed direction again and natural gas prices slipped during last week. The Henry Hub future price (short term) outperformed the spot price during the second part of last week. By the end of the week the Henry…
Gold and silver prices changed direction and after sharply declining throughout the week they have bounced back and closed the week rising; crude oil prices continued to trade with mixed trend as WTI oil price inclined and Brent oil slipped;…