The Libyan war may end soon, but the market didn’t consider this news much as Brent oil slightly fell yesterday and WTI spot oil price even inclined. The spread between Brent oil and WTI spot oil declined yesterday but is…
The precious metals market continues to heat up with gold and silver prices reaching new highs: gold price is nearing the $1,900 mark, silver price passing the $43 mark; crude oil prices have changed direction with Brent oil falling and…
The week started with gold and silver prices trading up, after they had been climbing up during each day of last week. Will this trend continue? Today, the US Mortgage delinquency rate for the second quarter of 2011 will be…
The Libyan war is nearing an end after over half a year of fights between the rebels and Gaddafi’s forces. This news is already affecting the trade of crude oil as Brent oil is currently traded down; the spread between…
The Rebels entered tonight to Tripoli, Libya the last major hold of Gaddafi. They have conquered most of Tripoli and currently there are fights near Gaddafi’s palace. According to the reports Gaddafi is still in Libya and didn’t exist to…
The second week of high volatility in the financial markets has ended, and the upcoming week may continue this trend. There are many news items on the agenda for the upcoming week including, among others, the Bernanke speech, US mortgage…