The prices of precious metals didn’t do much yesterday and inched up after they had plummeted a day earlier. Their modest gain was despite the decline of the many “risk related currencies” such as Euro and Aussie dollar against the…
Many energy commodities traded mostly down again on Thursday: the prices of Brent oil and WTI oil fell on Thursday; natural gas Henry Hub future (short term delivery) also decreased yesterday; the prices of silver and gold changed direction and…
Yesterday, the second survey for 2013 of the Philly Fed Manufacturing Index for February came out. This survey projects the U.S. manufacturing conditions. Based to the recent update the conditions have deteriorated again. Moreover, the index remained negative; the Philly…
The Bureau of Labor Statistics came out with its recent report of the U.S CPI for January 2013. Based on the latest report, the consumer price index remained flat for the second consecutive month; in annual terms the US CPI…
The prices of gold and silver tumbled down yesterday. Their sharp fall coincided with the depreciation of the many “risk related currencies” such as Euro and Aussie dollar against the USD and other commodities prices such as crude oil. Nonetheless,…
Many commodities traded mostly down on Wednesday: the prices of Brent oil and WTI oil sharply declined on Wednesday; natural gas Henry Hub future (short term delivery) changed course and inched up yesterday; the prices of silver and gold continued…