Gold and silver continued their rally from Friday and spiked on the first business day of the week. Their rally didn’t coincide with the developments in the forex markets as the US slightly strengthened against leading currencies such as Japanese…
During last week, gold and silver bounced back. The depreciation of the US dollar against leading currencies may have contributed to the rally of gold and silver. The decision of RBA to cut its rate by 0.25 pp may have…
The commodities markets are starting to pull up: Last week leading commodities including gold and silver rallied. Further, leading currencies including Aussie dollar and Japanese yen also appreciated against the US dollar during last week. Will the US dollar continue…
The price of oil (WTI and Brent) fell during the first four days of the week only to rally on Friday. Despite the sharp rise on Friday both oil prices fell on a weekly scale: WTI slipped by 0.91%; Brent…
The movement of gold and silver remains unclear as both precious metals prices fell at the first half of the week only to bounce back and finish the week strong. The sharp depreciation of the US dollar against leading currencies…
The natural gas market doesn’t seem to pull up as the price declined again during last week mainly during at the beginning of the week. Despite the fall in prices, the demand for natural gas in the power sectors rose…