Natural gas market continued to cool down after during the first couple of weeks of May NG rates spiked. According to the recent NG storage update, there was a 71 bcf injection, which is nearly 12 Bcf below the injection…
Precious metals prices took a sharp turn on Friday and recorded their largest single day gain in a while. Gold rose by 3.7% – the last time the price of gold increased by such a rate was back in August…
Gold and silver prices changed direction again and spiked on Friday. The disappointing U.S employment report and U.S PMI Manufacturing index may have contributed to the rally in precious metals and the renewed speculations of another QE program in the…
Gold and silver prices changed direction again and edged down on the last day of the month. The U.S GDP for Q1 2012 was revised down to 1.9%; U.S jobless claims rose last week. On today’s agenda: GB Manufacturing PMI,…
The growth in U.S. employment didn’t meet expectations and only slightly expanded during May: according to the latest U.S. employment report, which was published today, June 1stby the Bureau of Labor Statistics the number of non-farm employees increased by only…
Today the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI growth rate decreased to 53.5% during May 2012. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S.…