Crude oil prices continued to fall for the fourth straight day, but will this trend continue? Today, the Bank of Japan announced it will expanded its monetary easing plan (USD/JPY reacted and hiked up); ECB will announce its rate decision,…
Gold & Silver Prices – Daily Outlook August 4
Gold and silver prices finished yesterday with sharp rises, but will this trend continue throughout the day? Gold and silver prices are currently traded with mixed trends. Today, the Bank of Japan announced it will keep rate unchanged but expanded…
Gold and silver continue their rally and reach new highs –August 3
Gold and silver prices continue to rise very sharply; gold price reached a new high yesterday at $1,666 – the highest price level in 2011; crude oil prices fell for the fourth straight business day; natural gas spot price (Henry…
U.S. oil stocks fell by over 1.9 million bbl – August 4th
In this week’s Energy Information Administration petroleum report there is an analysis of the changes in the crude oil movement in the US: in the past, it used to be from the Gulf of Mexico to the East Coast and…
Gold & Silver Prices – Daily Outlook August 3
The bullion market continues to heat up even after the House raised the US debt ceiling; this news strengthened the US dollar against other currencies, but the market seems to raise the ante and continues to bet on gold and…
Oil Prices – Daily Outlook August 3
Crude oil prices continued to fall yesterday, but will this trend continue? Today, the U.S. non-manufacturing PMI report will be published, and the EIA petroleum report. Here’s a short analysis and outlook of the crude oil market for today, August…