This upcoming week entails many news items, including (among others) the US and Canadian trade balance reports, Ben Bernanke to testify, the Chinese GDP second quarter report will be published and the BOJ rate decision. Here is an economic news…
Brent oil rose during the week; WTI didn’t change – Weekly recap 5-8 July
Crude oil prices started the week with sharp rises which changed into fall by the end of the week; by the end, Brent oil price added 4% to its value, while WTI spot oil moderately declined by 0.74%, resulting in…
Natural gas prices declined during the week – 5-8 July
Natural gas prices (Henry Hub) shifted direction coming July and started the month with sharp fall throughout most of the week. By the end of the week, the Henry Hub prices reached the levels they were at back in June…
Gold & silver started July with sharp rises – weekly recap 5-8 July
Gold and silver prices started July with sharp rises during last week; the recent ECB rate raise might have curbed the rally of gold price, but the disappointing US labor report probably titled the scales back to push gold and…
Crude oil prices finished the week with falls –July 8
Crude oil prices finished the week with falls; Gold and silver prices increased for the fourth straight day; natural gas price kept its downward trend. Here is a summary of the price movements of precious metals and energy commodities…
Gold & Silver Prices – Daily Outlook 8 July
Gold and silver prices continued their rally for the third straight day, and they are currently traded up; this rise is despite the recent news of ECB’s rate decision from yesterday to raise its interest rate to 1.5%.. Today, the…