The price of oil (WTI and Brent) changed direction and fell last week: WTI declined by 2.94%; Brent oil, by 0.83%. As a result, the premium of Brent oil over WTI expanded; the premium ranged between $1.2and $2.5. According to…
Gold and silver spiked on Monday but by Friday both precious metals slipped. On a weekly scale, however, both gold and silver rallied even though they had a mixed trend during the week. In the U.S several reports showed positive…
The price of natural gas tumbled down during last week mainly on Monday. The demand for natural gas in the residential/commercial and power sectors slightly rose last week; the supply also slightly increased. Moreover, based on the EIA natural gas…
The prices of silver and gold changed direction and bounced back from their two day fall. Their recent rally coincided with the recovery of leading currencies such as Euro and Japanese yen against the USD. In the U.S, jobless claims…
The roaring economic growth of China has slowed down in recent years. China is facing several economic problems that might even further curb this country’s progress. If China’s economy will reach a halt, how will it affect leading American companies…
Gold and silver prices continued their fall and declined for the second consecutive day following their sharp rise on Monday. In Europe flash manufacturing PMI indexes rose during July: EU PMI rose to 50.4 (in June it was 48.7); Germany’s…