Following the recent FOMC meeting in which there was no news of another stimulus plan many currencies sharply declined against the US dollar; major commodities were traded with mixed trends: Gold price slightly declined while silver price moderately rose; crude…
The week started with sharp falls across the boarder at many financial markets including stocks, forex and commodities markets. This may have been stem, in part by the markets reactions to Friday’s EU Summit that didn’t reach the expectations of…
Gold and silver prices moderately changed throughout the second week of December with a downward trend. The ongoing uncertainty vis-à-vis the potential outcome of the current European debt crisis continues to affect commodities and forex markets. The main news item…
Following Thursday’s ECB’s decision to cut the rate by 0.25 percent point and also Mario Draghi statements of his opposition of bond purchase program by ECB, the commodities prices rallied from the sharp falls recorded on Thursday: Gold and silver prices…
Natural gas prices changed direction and after the sharp gains recorded on the first week of December, natural gas was traded down last week; in particular the Henry Hub future price sharply declined during most of last week, while natural…
Crude oil prices started December with a downward trend after they had risen during the past couple of months. Next week there is an OPEC meeting that might stir up the oil market and affect the crude oil prices’ development.…
Major commodities changed direction and fell; this change came following the ECB press conference in which the interest rate was cut by 0.25 percent point and also the ECB President Mario Draghi didn’t promise any QE programs. This news pressured down…
Major commodities were traded yesterday with a mixed trend: Gold price bounced back and rose while silver price changed direction and slightly declined; crude oil prices also shifted from green to red as they have declined yesterday as well; natural…
Major energy commodities prices continued to gain yesterday: WTI and Brent oil prices inclined. Natural gas prices (Henry Hub) also rose. Gold price slightly declined while silver price increased. Major currencies such as Euro slightly appreciated against the US dollar.…
Major commodities prices didn’t do much yesterday and started off the second week of December with mixed trend: Gold price and silver price slipped. WTI oil price nearly didn’t change, while Brent oil price declined. Natural gas spot price (Henry…