The U.S. employment rose again by a higher than expected pace – based on the ADP estimate, the non-farm payroll increased by 195k during May: Based on the recent U.S. employment report, which was published today, July 5th by the…
Yesterday the markets in the U.S were closed but the forex markets experienced high volatility mainly in Europe following the ECB and BOE rate decisions. These central banks left their cash rates unchanged but they presented guidelines for future low…
Many analysts have already put the kibosh on the coal industry soon after Obama’s initiative to cut emissions in the coming years, which will lead to a significant drop in U.S’s coal consumption. But does this mean the coal industry…
The precious metals continue to seek direction: Yesterday the prices of silver and gold bounced back and thus changed direction again. Their rally coincided with the rise of other commodities including oil. The recent U.S reports gave a mixed signal…
The oil market is heating up. The recent developments in the Middle East and the start of driving season in the U.S may have contributed to the recent rally of oil prices. Will the oil market continue to heat up?…
Gold and silver prices changed direction and fell yesterday. The U.S economy continues to show signs of progress as new factory orders rose by 2.1% during May. In Australia, the Reserve Bank of Australia left its policy unchanged and the…