The silver market continued to cool down last week. The recent economic reports from the U.S including the GDP, non-farm payroll and press release of the FOMC meeting may have contributed to the weakness in the silver market. Will the…
The natural gas market stagnated as the price of the Henry Hub as well as United States Natural Gas (UNG) moved in an unclear trend during last week. Is the recent strong buildup in storage enough to keep drag down…
Precious metals fell again during last week until Friday when the non-farm payroll report showed a gain of 209K in jobs – less than market expectations. Earlier this week, the FOMC decided to taper again its QE3 program and had…
The oil market cooled down in the past week despite the decision of Europe and U.S to impose economic sanctions on Russia, which could bring down the oil exports from Russia to the west. Currently, the sanctions aren’t expected to…
Most leading commodities took a nose dive last week, while USD rallied against leading currencies. This week, BOJ, BOE, RBA and ECB will have a rate decision meeting, in the U.S several economic reports will come out including non-manufacturing PMI,…
U.S. employment rose 209K, according to the Bureau of Labor Statistics. This figure came short of market expectations as the ADP report showed that private non-farm payroll grew by 218K during July. According to the latest U.S. employment report, the…