Oil price (WTI) slightly rose again during last week, while Brent oil declined. WTI oil rose by 0.88%; Brent oil slipped by 1.37%. As a result, the gap of Brent oil over WTI narrowed: The premium ranged between $8.91 and…
Last week’s FOMC decision to cut further its asset purchase program by another $10 billion to $65 billion a month may have contributed to the rally of the US dollar and the decline of precious metals prices. This upcoming week…
The price of natural gas has spiked last week to pass the $5 mark – the highest level since June 2010. United States Natural Gas (UNG) has also jumped during last week. The cold weather has pressured up the price…
Gold price continued to slowly recover during last week, while silver changed course and fell. The weakness in the equities markets and the depreciation of the US dollar against the Euro and Japanese yen may have contributed to the rally…
Oil price (WTI and Brent) rallied again during last week. WTI oil and Brent oil rose by 2.41% and 0.77%, respectively. As a result, the gap of Brent oil over WTI narrowed: The premium ranged between $12.69 and $10.26. Last…
The forex and commodities markets demonstrated high volatility during the past week This week several reports will be released and may affect commodities, equities and forex markets; these include: FOMC meeting, U.S new and pending home sales, U.S GDP for…
Gold and silver continued to slowly recover during last week following their tumble in December. The current low volatility in the bullion market might continue until the next FOMC meeting at the end of January will take place. This meeting…
The prices of leading commodities didn’t move much in the past week. On the other hand, the US dollar sharply appreciated against leading currencies such as Euro, Japanese yen and Aussie dollar during last week. During the upcoming week several…
Oil price (WTI) bounced back and increased by 1.78% during last week. Conversely, the price of Brent oil edged down by 0.18%. As a result, the gap of Brent oil over WTI narrowed: The premium ranged between $12.69 and $14.95.…
Oil price (WTI) decreased by 1.32% during last week. Conversely, the price of Brent oil edged up by 0.34%. As a result, the gap of Brent oil over WTI widened: The premium ranged between $13.30 and $14.73. Last week, the…