The price of natural gas sharply rose in the past few weeks and could pass the $3 mark in the very near future. The low prices of natural gas were one of the reasons (according to many analysts) for the…
Coffee prices had declined during most of the year except for the rally they have had in recent weeks. This rally however coincided with the rise in many other commodities prices such as oil prices. Despite the fall in coffee…
Gold and silver prices declined following the ECB decision to cut interest rate by 0.25pp to 0.75% and deposit rates from 0.25% to zero. This news also adversely affected the Euro/USD. Several U.S reports were published yesterday: U.S jobless claims…
The decision of ECB to cut the rate by 25pp to 0.75% caused the Euro to fall against the USD. Major commodities rates also fell. The on the other hand several rates such as the Aussie dollar slightly appreciated against…
Despite high expectations, the U.S. employment didn’t rise by a much higher pace in June than in the past few months: according to the latest U.S. employment report, which was published today, July 6th by the Bureau of Labor Statistics…
In this week’s petroleum and oil weekly report by the Energy Information Administration, there is an analysis of the record high distillate exports. The total U.S oil and petroleum stockpiles changed direction and fell for the first time in none…