Today the U.S. Manufacturing ISM report was published and the U.S. Manufacturing PMI reached 50.6% during August. The U.S. Manufacturing PMI, which is an index that estimates the economic activity in the U.S. manufacturing sector, grew for the 25th consecutive…
Category: Natural Gas
Oil prices continue to rally; Gold & silver also inclined – August 30
Crude oil prices have completed yesterday a four consecutive business days rally; Brent oil nearly eliminated all its losses from the beginning of the month; Gold and silver prices continue to zigzag as they have finished yesterday on a rise;…
Gold & silver started the week with falls | oil price fell – August 29
Gold and silver prices changed direction again and fell yesterday for the first time since August 24th; crude oil prices continued to climb as they rose for the third straight business days; natural gas spot price (Henry Hub) on the…
Weekly Outlook for August 29- September 2
This upcoming week will start with all eyes towards the East coast of the US and the ramifications of Hurricane Irene. The last week of August will also present many items on the agenda that could affect commodities, forex and…
Natural gas prices didn’t do much last week– 22-26 August
Natural gas prices (Henry Hub) started off the week with rises that soon turned into falls; by the end of the week, natural gas prices didn’t do much and finished the week near the same price they have started. There…
Recommended posts for the weekend – August 28
Bernanke’s speech in Jackson Hole didn’t bring any major stir up in the financial markets, but there is still high uncertainty in the markets in regards to the future economic progress in the US and Europe. Hurricane Irene that hit…
Gold & silver ended the week on a positive note – August 26
Gold and silver prices continued their rally back from the free gall they had endured on Tuesday and Wednesday. Bernanke gave a speech in Jackson Hole about the short and long term economic outlook of US; he didn’t refer to…
Gold & silver bounced back from sharp falls –August 25
Gold and silver prices gained back yesterday some of their value after they had fallen very sharply the day before; crude oil prices continue to moderately change and slightly inclined; natural gas spot price (Henry Hub) changed direction and declined.…
Hurricane Irene may reduce natural gas consumption in US– August 25
The weather forecasts predict that the upcoming Hurricane Irene will strike North Carolina coming Saturday. Some predict that the upcoming Hurricane will reduce demand for natural gas as the rain and wind will curb the electricity demand for cooling households.…
Gold & silver plummeted; erased all of last week’s gains –August 24
Gold and silver prices fell very sharply yesterday and thus erased all their gains from the past week and a half; these falls were the sharpest for gold price in 2011 and the steepest for silver price since May 5th…