Gold and silver resumed their downward trend and slightly declined during most of last week. The latest developments, which stir up the Euro and other risk related currencies, from Cyprus were that uninsured deposits will suffer a haircut of 60%.…
The prices of energy commodities including crude oil and natural gas rallied last week while precious metals slipped. The developments in the forex markets including the whole Cyprus bailout didn’t seem to affect the commodities markets and didn’t raise the…
During last week, the prices of oil (both WTI and Brent) rallied: WTI rose by 3.76%; Brent oil, by 2.2%. As a result, the difference between the Brent oil and WTI contracted again to its lowest level since July 2012;…
Gold and silver continued to zigzag in an unclear trend during the previous week despite the many news items on last week’s agenda: The recent news from Cyprus is that its parliament passed on the bailout plan, which isn’t likely…
Major commodities such as crude oil gold and silver moved in an unclear trend during last week. Moreover, in the forex market currencies also shifted in an unclear trend. The forthcoming week the prices volatility of commodities and currencies might…
During the previous week, oil price (WTI) inched up while Brent oil declined: WTI rose by 0.28%; Brent oil declined by 1.57%. As a result, the gap between the Brent oil and WTI shrunk again to its lowest level since…
Gold and silver didn’t do much during last week. Their price volatility also remained low. Several reports came out during last week: retail sales rose by 1.1% in February; jobless claims declined again by 10k to reach 332k; the PPI…
Major commodities including crude oil gold and silver didn’t do much during last week. Moreover, major currencies pairs such as the Euro/USD also were little changed during the previous week. The upcoming week might bring along with it a rise…
During the previous week, oil price (WTI) continued to rise while Brent oil slightly declined: WTI rose by 1.63%; Brent oil declined by 1.33%. As a result, the gap between the Brent oil and WTI contracted again to its lowest…
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…