Financial Market Forecast for September 22-26

Following the FOMC meeting the commodities markets took a beating as oil, gold and silver tumbled down. These losses coincided with the recovery of USD against leading currencies such as Euro and Yen and the rally of U.S equities. On…

GLD: Will This ETF Continue to Come Down?

Gold ETFs SPDR Gold (GLD) didn’t perform well this month so far as it lost more than 4% of its value (up to date). Will GLD continue to come down in the coming days? How will the upcoming FOMC meeting…

Natural Gas Prices Show Signs of Recovery

Natural gas remained relatively unchanged on a weekly scale as the Henry Hub slightly rose by 0.3% to reach $3.86. United States Natural Gas (UNG) rose by 1%. Conversely, U.S natural gas producers such as Chesapeake Energy (CHK) continued to…

Will Oil Remain in the Low $90’s?

Oil prices remained relatively stable in the past few days as WTI oil price has been trading around $93-$94 and Brent oil at $97-$99. United States Oil (USO) is also relatively stable at $34-$35. Looking forward, the latest updates from…