Precious metals along with other commodities such as crude oil continue their recovery from last week’s tumble. This correction might hint that the upcoming U.S GDP report that will be published today might not be positive and could even show…
The recent recovery of natural gas hasn’t passed by Chesapeake Energy (NYSE: CHK). Shares of the company rose by 16% since the beginning of the year. The company is not out of the woods just yet but will its shares…
The bureau of economic analysis published today April 26th its first estimate of the growth rate of the U.S. Gross Domestic Product for Q1 2013. Based on the recent report, U.S output of goods and services growth rate rose by…
The prices of gold and silver bounced back on Wednesday after they had declined a day earlier. Their recent rally coincided with the recovery of other commodities prices such as oil. U.S durable goods report came out yesterday: the report…
Leading commodities prices bounced back and rose on the third business day of the week: the prices of Brent and WTI oil changed direction and sharply rose on Wednesday; natural gas Henry Hub future (short term delivery) continued to trade…
Precious metals continue to zigzag as both gold and silver changed course again and fell during yesterday. Several U.S reports showed a mixed signal as to the progress of the U.S economy: the flash manufacturing PMI (opens pdf) for April…