Gold and silver prices continued their descent with no clear end in sight. Furthermore other commodities prices including crude oil also declined; natural gas future changed direction and hiked. The Euro sharply fell against the USD. Other exchange rates also…
Today, the U.S. Census Bureau reported on the number of new homes sold in the U.S during April 2012: new homes sales rose compared with the number of homes sold during March 2012. According to the recent update, during April…
There has been a lot of hype of the recent recovery of natural gas prices and by extension the rise in United States Natural Gas (UNG). Will this rally help boost the stock of Exxon Mobil Corporation (XOM)? I think…
In this week’s petroleum and oil weekly update prepared by the Energy Information Administration, there is an analysis of the developments in the West Coast gasoline markets which should bring some relief to the currently high gasoline prices. The total…
Gold and silver prices change direction and declined again after they have both spiked in the last two days of last week. On today’s agenda: U.S. Existing Home Sales (update: Housing sales rose in April), BOJ Rate Decision, Great Britain…
The U.S real estate market picked up in April as the U.S. existing homes sales rate rose during April 2012 by 3.4% (M-o-M); this news comes after it was reported last week that there was a rise in housing starts…