Last week gold and silver prices resumed their downward trend and edged down during most of last week. Bernanke didn’t hint of stimulus plan in his testimonies at the Hill; he also didn’t offer any information about the future steps…
Crude oil prices continued to rally during most of last week (until the last day of the week). The recent news from the U.S showed a mixed signal as to developments in the U.S. The news of the rise in…
During the week the Euro continued to tumble down while major commodities rates such as oil and natural gas resumed their rally. Will this trend continue this upcoming week? ECB President says there is no need to worry about the…
Precious metals resumed their slow descent during the week after they had rallied in the previous week. Despite the hopes of many that Bernanke will hint of stimulus plan in the near future, he didn’t comply and in his testimonies…
Crude oil prices including WTI and Brent changed direction and after they had risen for six consecutive days, they declined on Friday; natural gas Henry Hub (August delivery) and spot price continued to trade up. Gold and silver rates edged…
Crude oil prices continued to rally during last week. Further, the gap between Brent and WTI was also expanded. The news of the increase in the Philly Fed index and housing starts may have contributed to the increase in oil…