Natural gas (short term delivery) declined at the beginning of last week only to bounce back on Wednesday; the price of the Henry Hub fell by the end of the week. The decline in natural gas prices was despite the…
Today, the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index rose again to 53.1% during January 2013. The U.S. Manufacturing PMI is an index estimates the economic development of the U.S. manufacturing…
The U.S. employment rose again by lower than many had anticipated – according to ADP the non-farm payroll rose by 192k – during January: according to the latest U.S. employment report, which was published today, February 1st by the Bureau…
The FOMC concluded its first meeting this year and as the market had anticipated, the Fed left its policy unchanged: the Fed will continue purchasing mortgage-backed securities at a pace of $40 billion per month, and long term securities at…
The bureau of economic analysis came out today January 30th with its first estimate of the growth rate of the U.S. Gross Domestic Product for the fourth quarter of 2012. According to the latest update, U.S output of goods and…
The U.S. Census Bureau reported (opens pdf) on the changes in number of new homes sold in the U.S during December 2012: the number of new homes sales declined compared with the number of new homes sold during November 2012.…
Crude oil price resumed its upward trend during last week. The U.S stockpiles rose again according to the latest EIA report. The gap between Brent and WTI narrowed again to a range between $15 and $17 during last week. Brent…
Natural gas (short term delivery) resumed its rally during most of last week and this rally strengthened on the last couple of days of the week following the higher than anticipated draw from storage. According to the latest EIA report,…
According to the recent U.S. Census Bureau report regarding the new residential construction statistics for December 2012, the annual rate of housing starts spiked while rate of building permits inched up. This report sends a positive signal as to the…
Today, the first survey of 2013 for the Philly Fed Manufacturing Index for January was published. This survey estimates the U.S. manufacturing conditions. According to the latest update the conditions have deteriorated. Moreover, the index turned negative; the Philly Fed…