Major commodities were traded in a mixed trend on the first business day of the week: the price of Brent oil declined while WTI oil edged up on Monday; natural gas Henry Hub future (short term delivery) slightly increased yesterday;…
The prices of silver and gold slightly rose during last week. The main financial events last week including: the ECB press conference, in which ECB President Mario Draghi maintained his optimism regarding the progress of the EU, and the sharp…
Gold and silver changed course and slightly increased during last week. Their modest rally coincided with the rally of other commodities and stock markets and despite the moderate depreciation of leading currencies against the USD. Last week, ECB left the…
The prices of major commodities including natural gas, crude oil gold and silver changed course and rallied on a weekly scale; major currencies pairs including the Euro and Canadian dollar slightly depreciated against the USD during last week. Will commodities…
Gold and silver slightly rose during most of last week. Their price volatility was very low despite all the major reports and decisions that were made during last week. ECB left the Euro cash rate unchanged. This news may have…
Major commodities were traded mostly up on the last business day of the week: the prices of Brent oil fell while WTI oil rose again on Friday; natural gas Henry Hub future (short term delivery) also increased yesterday; silver and…
The prices of gold and silver remained virtually unchanged again. The recent decision of ECB to keep its rate unchanged may have contributed to the sharp gain in the Euro against leading currencies including the USD. Other leading risk currencies…
The U.S. employment increased by higher than many had anticipated – based on ADP estimate, the non-farm payroll rose by 198k during February: according to the recent U.S. employment report, which was published today, March 8th by the Bureau of…
Major energy commodities were traded mostly up on the fourth business day of the week: the prices of Brent oil and WTI oil changed course and rose on Thursday; natural gas Henry Hub future (short term delivery) also spiked yesterday;…
The recent monetary policy meetings of Bank of Canada and Bank of Japan didn’t lead to any big changes as both banks left their respective policy unchanged. Bank of Japan members voted against stepping up the asset purchase program. Bank…