Many have already talked about the recent ECB QE program, which is currently estimated to reach around 1.1 trillion euros or $1.3 trillion (or perhaps $1.2 trillion now that the Euro/USD is around 1.12). So here is another way to…
ECB QE is here and it’s big: we run down the event and the impact before circling back to the big hint we received for this one week before from the SNB, focusing on the impact on brokers. The moves are of course…
Our weekly podcast came just in time after the shocking removal of the EUR/CHF floor. We begin with this and move on the very correlated upcoming event: the upcoming ECB meeting in which QE is on the cards. We then…
United States Natural Gas (UNG) started off the year with a modest gain of 1.5% (up to date). The larger than expected extraction from storage may have provided some back-wind for the recent gain in natural gas. But it’s too…
U.S. employment rose, as expected, by 252K additional jobs, according to recent report of the Bureau of Labor Statistics. Market expectations and the ADP report were close to this figure – 241K jobs during December. According to the recent U.S.…
The price of United States Natural Gas (UNG) ended the year with another tumble as it dipped below $15 at one point. Currently, the price is around $15 – the lowest level UNG reached in the past couple of years.…
Barrick Gold (ABX) recently announced that the Supreme Court of Chile didn’t approve its appeal of a lower court ruling vis-à-vis sanctions imposed on the company’s Pascua-Lama mine by the country’s environmental regulator. This news could set back the development…
The price of United States Natural Gas (UNG) took another fall in the past week to its lowest level in recent months. During the month the ETF lost 27% from its value. The ongoing low oil prices may have contributed…
It’s hard to believe the holidays are here with so much action in the markets. We try to make sense of it all by understanding the different elements of the important Fed decision, the impact of oil prices various countries,…
The natural gas market experienced a high level of volatility that resulted in big swings for United States Natural Gas (UNG) in the past few days. The weakness in the oil market is weighing in on the natural gas, but…