The bullion market has cooled down as gold and silver prices fell during most of September. The recent decision of the FOMC to keep QE3 program unchanged wasn’t enough to pull back up precious metals prices. The aftermath of the…
Indian policymakers decided raising again imports tariff on gold and cutting silver imports tariff. This decision may affect the demand for gold and silver in India, which could also have some effect on the prices of precious metals. This isn’t…
Following yesterday’s FOMC meeting, in which it was decided to maintain $85 billion a month asset purchase program. From the FOMC’s statement: “…the Committee decided to await more evidence that progress will be sustained before adjusting the pace of its…
The FOMC concluded its two day meeting with the decision to keep its $85 billion a month asset purchase program unchanged. This means, the FOMC won’t start tapering this month. This news is likely to pull down the USD and…
The highly anticipated FOMC meeting will take place this week. The main issue that many expect is whether the FOMC will start tapering QE3 soon. Many expect the FOMC could start tapering by roughly $10 to $25 billion a month…
The natural gas market continues to heat up as the price of Henry Hub has increased again mainly during the second half of the week. The recent increase in prices was partly due to the slight increase in demand for…
Retails and foods services sales edged up again for the ninth time in ten months; during August 2013, the index inched up by 0.2% compared with July’s sales and was also well above the sales recorded during August 2012. Yesterday,…
The Bureau of Labor Statistics came out with it monthly report: Total U.S. employment rose at a lower than expected rate – according to the ADP report, private non-farm payroll increased by 176k during August: The latest U.S. employment report,…
The natural gas market changed direction and started to heat up this week as the price have bounced back mainly during at the middle of the week. The recent rise in prices may have stemmed by the increase in demand…
In the recent U.S. Census Bureau report regarding the new residential construction statistics for July 2013 it was stated that the annual rate of housing starts and the rate of building permits rose. The rate of growth was roughly as…