Major commodities prices took a dive yesterday and declined by the sharpest rate in recent months; some speculate that the trigger for this turn of events may have been the announcement in the recent FOMC meeting of no new stimulus…
Gold and silver prices changed direction several times yesterday but eventually didn’t do much and only slightly changed. The recent FOMC meeting didn’t bring much news as there were no announcements of a new stimulus plan. The market didn’t react…
Following the recent FOMC meeting in which there was no news of another stimulus plan many currencies sharply declined against the US dollar; major commodities were traded with mixed trends: Gold price slightly declined while silver price moderately rose; crude…
The concerns regarding the faith of the European Union continue to grow; the recent agreement in the EU Summit in Brussels has failed to ease the speculation around the instability of the European Union. There are mixed signals regarding the…
In today’s OPEC meeting the OPEC ministers reached an agreement on the future crude oil production in 2012, as oppose to the last OPEC meeting back in June 8th, in which OPEC members couldn’t reach a consensus on OPEC’s oil…
Gold and silver prices started the week with very sharp losses; many commodities prices, stock indexes and forex exchange rates also sharply declined yesterday. This reaction was probably prompted by the markets’ disappointment from the recent EU Summit. Moody’s announcement…