Crude oil prices declined during most of the week until Friday when both WTI and Brent oil prices hiked following the better than expected non-farm payroll report. Further, the premium of Brent over WTI also grew. On the other hand…
Natural gas prices started the week on a positive note but this trend has changed on during the second part of the week. By the end of the week natural gas rates tumbled down. I have referred to this change…
Major commodities prices changed direction and hiked on the last day of the week, following the positive U.S non-farm payroll report. This rally came after they had declined during most of the week: crude oil price including WTI and Brent…
Gold and silver fell for the third consecutive day. The lingering effect of the recent FOMC decision to keep policy unchanged and ECB’s decision to leave interest rate unchanged may have contributed to the decline of not only the Euro,…
The U.S. employment rose y a higher rate than many had anticipated during July: according to the recent U.S. employment report, which was published today, August 3rd by the Bureau of Labor Statistics the number of non-farm employees grew…
Major commodities declined during the second day of August after there weren’t any changes in the monetary policy of the major Central Banks including FOMC and ECB: crude oil price (WTI) fell while Brent oil edged up on Thursday; gold…