Retails and foods services sales slightly rose again for the sixth time in seven months; the index increased during May 2013 by 0.6% compared with April’s sales and also remained above the sales at May 2012. The U.S. Department…
Precious metals continue to zigzag and gold and silver rates declined yesterday after they rallied a day earlier. Conversely, leading currencies such Euro and Aussie dollar rose against the USD yesterday. In the U.S, retail sales slightly increased by 0.6%;…
Gold and silver prices continue to seek direction as both precious metals bounced back yesterday. Their rally coincided with the fall of U.S equity markets. On the other hand, leading currencies including the Euro and Aussie dollar rallied against the…
According to the latest June report published by the Organization of the Petroleum Exporting Countries referring to the latest developments in the crude oil market during May, OPEC’s oil production slightly rose during the month compared with April’s oil production.…
Leading commodities were traded up on the third business day of the week: Brent and WTI oil bounced back on Wednesday; natural gas Henry Hub future (short term delivery) also rallied yesterday; silver and gold bounced back from Tuesday’s fall…
Gold and silver prices changed direction and slipped yesterday. In the forex market the big movement came from Asia as the Japanese yen sharply strengthened following Bank of Japan’s recent monetary policy meeting. The Bank decided to keep its policy…