The commodities markets mostly cooled down including natural gas and precious metal; in the forex market the Euro and Aussie dollar depreciated against the USD. This week several reports will be released and may affect commodities, equities and forex markets;…
The prices of gold and silver bounced back during last week. The weakness in the equities markets and recent depreciation of the US dollar against the Japanese yen and Euro may have contributed to the rally of precious metals. The…
Leading energy commodities dropped, while precious metals rallied during the past week. The US dollar depreciated against leading currencies such as Euro and Japanese yen during last week. This week several reports, speeches and events will come to fruition including:…
Oil price (WTI and Brent) remained nearly flat during last week. WTI oil inched down by 0.01%; Brent oil, by 0.06%. As a result, the difference of Brent oil over WTI moderately narrowed: The premium ranged between $5.97 and $6.42.…
The prices of gold and silver moved in an unclear trend during last week. Their prices started off strong at the beginning of the week only to change course and plunge at the end of the week. Several U.S reports…
The commodities markets rallied mainly at the end of the week including stocks and energy commodities following the publication of the U.S NF payroll report, in which a higher than anticipated number of jobs were added in February. This week…
Oil price (WTI) slightly rose during last week. WTI oil inched up by 0.4%; Brent oil slipped by 0.8%. As a result, the gap of Brent oil over WTI narrowed again: The premium ranged between $6.48 and $7.82. Last week,…
Gold and silver prices slipped during last week. The latest economic reports about the U.S and China may have contributed to the recent developments in the precious metals market: U.S new home sales jumped by 9.6%; pending home sales index…
The commodities markets slowed down last week; in the forex market the U.S dollar slightly depreciated against the Euro. This week will be packed with many news items, decisions, reports and events that could affect the commodities and forex markets.…
The price of silver rose during last week and reached its highest level this year. Will the silver market continue to rally? Let’s examine the recent news that may affect the price of silver (SLV). The recent recovery of the…