The prices of crude oil (both WTI and Brent) rallied during most of last week: WTI spiked by 5.67%; Brent oil, by 3.52%. As a result, the gap between the Brent oil and WTI contracted again; the difference between Brent…
Gold and silver tumbled down again during the previous week. The shift in market sentiment may have been the main catalyst for the tumble in gold and silver mainly on the first day of the week. During last week it…
Last week was characterized with high volatility, in which gold and silver fell precipitately, other commodities such as oil also fell, the Euro and Aussie dollar depreciated against the USD and natural gas spiked. The upcoming week might not be…
The prices of crude oil (both WTI and Brent) resumed their downward trend during most of last week: WTI fell by 3.6%; Brent oil, by 3.36%. As a result, the gap between the Brent oil and WTI slightly contracted again…
Gold and silver plummeted again during last week. Their decline didn’t seem to coincide with the developments in the forex markets but did coincide with the sharp fall of other commodities and equity markets. The rise in volatility of gold…
The prices of oil (both WTI and Brent) declined again during most of last week: WTI decreased by 1.52%; Brent oil, by 0.97%. As a result, the gap between the Brent oil and WTI contracted again to its lowest level…
Major commodities including crude oil gold and silver tumbled down during most of last week. The sharp fall in oil prices may have stemmed from the recent negative U.S report (e.g. retail sales) that showed a decline in demand, and…
Gold and silver tumbled down in recent weeks. Their decline didn’t seem to coincide with the developments in the forex markets including the sharp depreciation of the Japanese yen. In the U.S jobless claims rose by 28k to 385k; non-farm…
The prices of major commodities including gold, crude oil and silver tumbled down during most of last week. Conversely, major currencies moved in a mixed trend: The Euro rose against the USD while the Japanese Yen fell against the USD.…
The prices of oil (both WTI and Brent) changed course and tumbled down during most of last week: WTI fell by 4.66%; Brent oil, by 5.36%. As a result, the gap between the Brent oil and WTI shrank again to…