The recent developments in U.S and Europe raised again the talks over the changes in the monetary policies of the major central banks. Many anticipate there will be some sort of quantitative easing in the U.S and Europe during this…
Most major commodities declined during the last day of the month: crude oil prices including WTI and Brent oil decreased on Tuesday; gold and silver prices also decreased; natural gas Henry Hub (August delivery) remained unchanged while the spot price…
Today the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index edged up to 49.8% during July 2012. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S.…
Gold started off the week the same way it has ended the previous one, edging up. Silver rose by a larger rate than gold did. Today, the FOMC will start a two day meeting; tomorrow the FOMC will publish a…
Most major commodities moved in a mixed trend during Monday: crude oil prices including WTI and Brent oil declined; gold and silver prices increased; natural gas Henry Hub (August delivery) and spot price hiked. The Euro changed direction and fell…
The U.S consumer confidence index changed direction and rose during July, after this index had declined during the past couple of months. . According to the recent U.S. consumer confidence survey, the consumer confidence index declined in July compared with…