This upcoming week will start with all eyes towards the East coast of the US and the ramifications of Hurricane Irene. The last week of August will also present many items on the agenda that could affect commodities, forex and…
Oil prices gained back some of their loses – Weekly recap 22-26 August
Crude oil prices gained back some of the losses they have endured during the previous week and finished with slight increases during the week ending on August 26th. This rally coincided with the increase in major stock markets indexes including…
Natural gas prices didn’t do much last week– 22-26 August
Natural gas prices (Henry Hub) started off the week with rises that soon turned into falls; by the end of the week, natural gas prices didn’t do much and finished the week near the same price they have started. There…
The fall and rise of gold & silver | weekly recap 22-26 August
Gold and silver prices changed direction and fell very sharply mainly on Tuesday and Wednesday; these falls were probably stem by the recent margin hike by CME for trading gold, and the change in direction of the anticipation of Bernanke…
Gold & silver ended the week on a positive note – August 26
Gold and silver prices continued their rally back from the free gall they had endured on Tuesday and Wednesday. Bernanke gave a speech in Jackson Hole about the short and long term economic outlook of US; he didn’t refer to…
Ben’s speech – no QE3 for now
As anticipated by many in the market, Bernanke didn’t hint or implied of any further quantitative easing plan. Ben Bernanke, the chairman of the Federal Reserve, gave a speech today, August 26th named “The Near- and Longer-Term Prospects for the…