The price of oil dropped again last week by 3.8% to the $93 mark. United States Oil (USO), the oil ETF also slipped by 1.4% in the past week. Oil prices could continue to come down due to recent developments…
The price of silver continued to decline last week. Since the beginning of the month, silver lost 5% of its value. The changes in the foreign exchange market or gold seem to have little impact on silver. What could keep…
The price of natural gas rallied last week, as the Henry Hub rose by 1.7%. Nonetheless, the Henry Hub is nearly flat on a monthly scale (up to date). Moreover, since the beginning of the month, United States Natural Gas…
Precious metals prices fell again last week, as the USD pulled up. This week, the GDP for Q2 and PCE will be release in the U.S, which could impact the bullion market. The recent Jackson Hole Symposium ended with Yellen…
This week, the main U.S economic reports to be release are the GDP for the second quarter and the PCE. The core durable goods, consumer confidence and consumer sentiment will also be out during the week and may impact the…
Welcome to a new episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch.You are welcome to listen, subscribe and provide feedback. In today’s episode, we focus on the Fed and its huge impact on…