The Fed left its policy unchanged for June. Nonetheless, in the press conference that followed Chairman of the Fed, Ben Bernanke, said the Fed may start to scale back its current $85 billion a month of long term securities by…
Natural gas market cooled down again during the week as short term future price of natural gas (July delivery) fell again during the previous week. By the end of the previous week, the Henry Hub future (short term delivery) declined…
According to the latest producer price index monthly update, which was published yesterday, the PPI for finished goods sharply rose by 0.5% in May compared with April’s index. This report serves as an indicator for the developments in the U.S…
Retails and foods services sales slightly rose again for the sixth time in seven months; the index increased during May 2013 by 0.6% compared with April’s sales and also remained above the sales at May 2012. The U.S. Department…
According to the latest June report published by the Organization of the Petroleum Exporting Countries referring to the latest developments in the crude oil market during May, OPEC’s oil production slightly rose during the month compared with April’s oil production.…
The U.S. employment increased again by a higher than expected pace – according to the ADP estimate, the non-farm payroll rose by 135k during April: Based on the latest U.S. employment report, which was published today, June 7th by the…
The ECB President Mario Draghi decided to keep the ECB policy unchanged as the cash rate remained unchanged at 0.50%. This decision came after many suspected the ECB might decide to lower its cash rate again or perhaps even introduce a…
The prices of natural gas prices tumbled down during yesterday following the recent EIA report, in which the natural gas storage buildup was 111 Bcf. This news is likely to further pressure down the prices of natural gas as it…
The natural gas market has cooled down as the short term future price of natural gas (June delivery) tumbled down during last week. By the end of the week, the Henry Hub future (short term delivery) plummeted by 5.97%. According…
The short term future rate of natural gas (June delivery) rallied during most of last week. By the end of the week the Henry Hub future (short term delivery) increased by 4.49%. Based on the latest EIA natural gas storage…