Gold and silver prices didn’t react to the recent FOMC statement to keep policy unchanged. Both metals slightly declined yesterday, while many other commodities increased and the U.S dollar depreciated against the Euro and Aussie dollar. It seems that the…
Despite expectations of a market reaction to the recent FOMC meeting, it was eventually a storm in a teacup as the market hadn’t reacted to the news. The FOMC kept policy unchanged. Gold and silver prices slightly declined on Wednesday.…
Natural gas prices continued to decline during last week even though the natural gas spot and future (May delivery) prices have changed direction and rallied during most of the week. This may be stem from the upcoming expiration of the…
According to the latest U.S. pending homes sales report, which was published today by the National Association of Realtors, the real estate market has changed direction again as pending home sales rose during March 2012; furthermore the March 2012 U.S.…
In the recent petroleum and oil weekly report by the Energy Information Administration, petroleum and crude oil stockpiles didn’t change and remained virtually flat. Crude oil prices moved in a mixed trend as Brent oil declined while WTI oil price…
Gold and silver prices didn’t do much yesterday but this may change today. The statement of the recent FOMC meeting will be released. Furthermore, the FOMC projection on the U.S economy will also be published. The release of these reports…