Today, the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index rose again to 53.1% during January 2013. The U.S. Manufacturing PMI is an index estimates the economic development of the U.S. manufacturing…
The U.S. employment rose again by lower than many had anticipated – according to ADP the non-farm payroll rose by 192k – during January: according to the latest U.S. employment report, which was published today, February 1st by the Bureau…
Major commodities traded in a mixed trend on the fourth business day of the week: the price of Brent oil rose while WTI oil slightly decreased yesterday; natural gas Henry Hub future (short term delivery) inched up yesterday; the prices…
The prices of precious metals spiked yesterday along with other commodities and risk related currencies such the Euro and British Pound against USD. The unfavorable report regarding the contraction in the U.S economy – U.S GDP for Q4 declined by…
Major commodities traded up on the third business day of the week: the price of Brent oil and WTI oil slightly increased yesterday; natural gas Henry Hub future (short term delivery) bounced back and spiked yesterday; the prices of gold…
The FOMC concluded its first meeting this year and as the market had anticipated, the Fed left its policy unchanged: the Fed will continue purchasing mortgage-backed securities at a pace of $40 billion per month, and long term securities at…