Gold and silver recovered last week following the news of the slow progress of the U.S economy: Nonfarm payroll employment rose by only 113k jobs; the manufacturing PMI decreased by 5.2 percentage points to 51.3 – this means the manufacturing…
The financial markets rallied as most stocks markets and commodities rose during last week. Even the lower than expected number of jobs added in the U.S during January, according to latest NF payroll report, didn’t stop commodities and stocks to…
Gold and silver changed course and rallied during last week following the recent news regarding the slow progress of the U.S economy: Nonfarm payroll report for January increased by only 113k jobs were added – lower than expected; the manufacturing…
The price of natural gas changed course and fell during the second half of the week and fell below the $4.8 mark – the lowest level in the past couple of weeks. The average weekly price was still 4.1% higher…
According to the recent Bureau of Labor Statistics monthly report, total U.S. employment didn’t rise as many had anticipated: Based on the ADP update, private non-farm payroll rose by 175k during January: The recent U.S. employment report, which was published…
The price of oil has been trading close to the $100 mark in recent months. But the latest developments in the oil market might cut down the price of oil price to the low $90 in the near future. Let’s…