Major commodities including natural gas, silver and gold slipped during last week. The latest decision of ECB to leave its cash rate unchanged helped pull up the Euro and bullion rates. But the latest U.S employment report, in which 175k…
The bullion market changed direction during the week as both gold and silver rallied at the beginning of the week only to plummet at the end of the week. At the beginning of the week commodities prices rallied perhaps on…
Natural gas market resumed their cool down as the short term future price of natural gas (June delivery) sharply declined during last week. By the end of last week, the Henry Hub future (short term delivery) plunged by 3.92%. Based…
The recent “non decision” of ECB President, in which he decided to keep the ECB’s cash rate unchanged helped pull up the “risk related currencies” including the Euro and Aussie dollar. BOE also left its policy unchanged. In the U.S…
The U.S. employment increased again by a higher than expected pace – according to the ADP estimate, the non-farm payroll rose by 135k during April: Based on the latest U.S. employment report, which was published today, June 7th by the…
The ECB President Mario Draghi decided to keep the ECB policy unchanged as the cash rate remained unchanged at 0.50%. This decision came after many suspected the ECB might decide to lower its cash rate again or perhaps even introduce a…