Natural gas future price (short term delivery) started off the week falling only to rally throughout the rest of the week. By the end of the week the Henry Hub future (short term delivery) rose again by 2.35%. Based on…
Retails and foods services sales changed course and unexpectedly fell for the first time in five months; the index decline during March 2013 by 0.4% compared with February’s sales but remained above the sales at March 2012. The U.S. Department…
According to the recent producer price index monthly update, which was published yesterday, the PPI for finished goods changed course and sharply fell by 0.6% in March compared with February’s index. This report serves as an indicator for the developments…
Gold and silver changed course again this time slightly rose after they have tumbled down a day earlier. Major “risk related currencies” such as the Euro and Canadian dollar also rallied against the USD. Yesterday, it was reported that number…
Major commodities traded in a mixed trend on the penultimate business day of the week: the prices of Brent and WTI oil changed direction and fell on Thursday; natural gas Henry Hub future (short term delivery) continued to trade up…
Gold and silver continue to seek direction as they have changed direction again and tumbled down yesterday. The ongoing recovery of the U.S stock market is plausibly pulling investors out of safe haven investments such as gold and silver and…