During last week, major commodities continued their downward trend including oil, natural gas, silver and gold. The recent decision of the FOMC to expand QE3 by purchasing $45 billion of long term treasuries on a monthly basis starting January 2013…
During last week, crude oil prices bounced back and slightly rose along with many “risk currencies” such as Euro, Canadian dollar and Aussie dollar. According to the recent EIA report, the oil stockpiles increased again by 5.9MB. During last week,…
The prices of gold and silver slightly declined during last week. The volatility of precious metals has subsided during last week but might pick up in this week as the last FOMC meeting for the year will be held during…
During last week, major commodities were traded mostly down including oil, natural gas, silver and gold. Will commodities change direction and rally this week? The highly anticipated FOMC meeting will be held next week and could sharply affect commodities prices…
The prices of gold and silver changed direction and declined during most of last week. The high volatility of precious metals during most of last week might continue in this week on account of the many items and events that…
During last week, crude oil prices moved with an unclear trend. According to the recent EIA report, the oil stockpiles fell again by 1.4MB. During last week, WTI oil rose by 0.71%; Brent oil slipped by 0.13%. As a result,…
During last week, major commodities were traded in a mixed trend: oil prices edged up while precious metals and natural gas declined. The high volatility in some commodities prices during last week might continue this week as there are many…
The prices of gold and silver rallied during last week after they had declined during the previous week. The high volatility of precious metals returned during most of the week. Will this high volatility and upward trend continue on the…
During last week, crude oil prices sharply rose, which coincided with the upward trend in other commodities and stock markets. The recent conflict in the Middle East may have had some short term effect on the volatility of oil markets.…
During last week, major commodities prices were traded mostly up; this includes commodities such as natural gas, oil, silver and gold. The high volatility in some commodities prices during last week might continue this forthcoming week. The main events of…