Major commodities sharply rose on the first day of the week: Gold and silver prices inclined for the second straight business days; crude oil prices sharply inclined – the sharpest gain in a single day since October 5th; natural gas…
Gold and silver prices ended the week with sharp rises after a week long of falls. Some consider that the rally of gold and silver prices is over and others consider there will be sharp gains during this week. All…
WTI oil price slightly inclined during most of last week which coincided with the sharp rally in the U.S stock markets. Currently crude oil prices are traded slightly up. Today, Trichet will speak in an ECB Press Conference; the Euro…
I have stumbled upon an interesting article by Paul Krugman, a Nobel laureate in economics; the article offers an explanation for the hike in gold price in the last few years. Krugman, who considers himself a deflationista, i.e. a person…
As we are entering the last week of October all eyes will be set towards the EU summits that will be on Sunday and Wednesday; there are additional events and reports for the upcoming week that could influence the financial…
The crude oil market demonstrated a mixed trend as WTI oil prices slightly inclined while Brent crude oil prices slipped. The Libyan news of Qaddafi’s demise may have helped lower the Brent oil prices as this news may have slightly…