During the beginning of the week gold and silver rallied only to tumble down on Friday. In Europe, ECB and BOE kept its cash rate unchanged. This news may have contributed to the rally of not only the Euro but…
The prices of crude oil (WTI and Brent) changed direction and bounced back during last week: WTI increased by 4.41%; Brent oil, by 4.15%. As a result, the gap between the Brent oil and WTI remained virtually flat; the gap…
Major commodities including natural gas, silver and gold slipped during last week. The latest decision of ECB to leave its cash rate unchanged helped pull up the Euro and bullion rates. But the latest U.S employment report, in which 175k…
Gold and silver didn’t do much on a weekly scale as gold inched up while silver slipped. Their unclear trend coincided with the developments in the currencies markets as the Euro rallied against the USD while the Aussie dollar and…
Major commodities including oil, silver and natural gas changed direction and fell during last week. Equities markets cooled down while the forex markets didn’t have a clear trend during last week. Will this unclear trend persist? In the upcoming week…
The rate of crude oil (both WTI and Brent) tumbled down again during last week: WTI decreased by 2.32%; Brent oil fell by 2.19%. As a result, the difference between the Brent oil and WTI remained nearly unchanged; the gap…
Gold and silver changed course and bounced back during last week. Their recovery coincided with the appreciation of leading currencies such as Euro and Japanese yen against the USD. Moreover, the recent fall of U.S equity markets may have also…
Major commodities including gold natural gas and silver trade up during the previous week along with the recovery of several currencies such as the Euro against the USD. Leading Equities markets changed direction and fell during last week. The recent…
The price of crude oil (both WTI and Brent) resumed their downward trend and slightly declined during last week: WTI fell by 1.95%; Brent oil slipped by 1.04%. As a result, the gap between the Brent oil and WTI slightly…
Gold and silver continued to trade down during last week. Their sharp fall coincided with the depreciation of leading “risk related currencies” such as Euro and Aussie dollar against the USD. Moreover, the ongoing rally of U.S equity markets is…