The minutes of the recent FOMC meeting were published and didn’t reveal anything new: several members still think the current asset purchase program, in which the Fed is purchasing each month $85 billion of mortgage backed securities and long term…
Major commodities traded in a mixed trend on the third business day of the week: the price of Brent slipped while WTI oil rose again on Wednesday; natural gas Henry Hub future (short term delivery) rallied yesterday; silver and gold…
The gold market continues to cool down. The recovery of the U.S stock market is pulling investors out of safe haven investments and into the stock market. The leading gold producers are the first to suffer from this shift in…
Shares of BP plc (NYSE:BP) resumed their downward trend in recent weeks. One of the reasons for company’s decline may have been related to the tumble in the price of oil. But the main issue continues to be the lawsuits BP…
Gold and silver changed course and rallied yesterday along with other commodities such as oil and the major “risk related currencies” such as the Euro and Aussie dollar. The main event of the week – the publication of the minutes…
Shares of leading Utilities companies have rallied in the stock market in recent weeks. Was their rally based on fundamental change in the utility industry? Will utility companies such as Duke Energy (NYSE:DUK) and FirstEnergy (NYSE: FE) continue to trade up? In…