The U.S markets weren’t open on account of Memorial Day, therefore many commodities weren’t traded. Brent oil edged again; Euro/USD changed direction and increased along with other currencies pairs such as the Aussie dollar to USD. Here is a summary…
The U.S consumer confidence index fell again during May, after this index has slightly declined during April. According to the recent U.S. consumer confidence survey, the consumer confidence index declined again in May compared with April’s index: The index reached…
Gold and silver prices rose again on Friday, but will this rally continue this week? The main publications will be released later this week including the U.S GDP, manufacturing PMI and non-farm payroll reports. Currently precious metals prices are increasing.…
The prices of coffee continue to trade down and many anticipate this downward trend will continue in the months to follow. Let’s examine the coffee market and see what should we expect is up ahead for this commodity. The price…
Last week gold and silver prices continued with their downward trend during most of the week up to Thursday. Will this downward trend continue as we are entering the last week of May? This upcoming week there are items on…
Following the ongoing speculation regarding the future of Greece in the EU and the potential ramification it may have on the forex and commodities markets (see here for a review on the potential ramification a Grexit on the bullion market)…