Crude oil prices rose during last week but only slightly. WTI oil price continues to dwell in the $102-$104 range and Brent oil at the $117-$121 range. The major news last week came from the U.S including: The FOMC didn’t…
Natural gas prices changed direction and rose during last week after they had sharply declined during most of the month. This recovery comes after oil prices remained at their same range during recent weeks. There weren’t major shifts in the…
Major commodities prices continued their recovery yesterday. Gold and silver prices increased for the second consecutive day. Crude oil prices continued their upward trend for the fourth consecutive day. Natural gas future prices also finished yesterday rising. Finally, the Euro…
Gold and silver prices sharply rose yesterday and thus rallied from their decline on Wednesday. Bank of Japan announced it will expand stimulus and will purchase government bonds by 10 trillion yen (roughly $124 billion). This means the asset purchase…
The bureau of economic analysis published today its first estimate of the growth rate of the U.S. Gross Domestic Product for the first quarter of 2012. The report showed the U.S GDP rose by 2.2% in Q1 2012. According…
Major commodities prices rallied yesterday. Gold and silver prices bounced back from their slip a day earlier. Crude oil prices continued their upward trend. Natural gas prices also sharply increased yesterday. Finally, the Euro edged up again against the U.S.…