According to the recent report by Eurostat, the preliminary estimates of the Euro Area and EU27 GDP growth rate in first quarter of 2011 was only 0.8% (seasonally adjusted) compared to the previous quarter (Q-2-Q). In annual terms the Euro…
Oil prices moderately declined last week – Weekly recap 9-13 May
Following the declines in crude oil prices two weeks back, during last week oil prices (WTI spot oil, future and Brent oil) didn’t do much and ended the week at a similar level they have started off. The turmoil in…
Gold didn’t move | Silver kept on falling – weekly recap 9-13 May
The precious metals suffered during May 2011 rapid falls mainly silver. During recent week the variance of the daily percent changes of these metals’ prices declined; by the end of the week silver prices fell while gold prices didn’t do…
Natural gas prices continued to fall during the week – 9-13 May
Natural gas spot prices (Henry Hub) kept on falling on a weekly scale, but much more moderately than a week earlier. Some of the declines might be attributed to the fluctuations in the US dollar compared to major currencies as…
Recommended posts for the weekend – May 14
The many shifts and fluctuations in the financial markets including the commodities markets have ended. Here are several recommended posts you may find interesting: In forexcrunch, Yohay reviews the commodities markets in May – past and present; Mad Hedge…
Oil finished the week with rises | gold declined – Recap May 13
The commodities market finished the week with crude oil prices (WTI spot oil and Brent oil) rising, while gold prices finished falling. Here is a summary of the changes in commodities and precious metals for May 13th: Oil and Gas…