The recent rally in the price of oil has also resulted in a drop in the spread between Brent and WTI. Nonetheless, this spread is still up for the year and could start to pick up again if the price…
Is The Brent-WTI Spread About To Widen?
Gold and Silver Outlook for March 23-27
The bullion market got some positive news from the FOMC: The expected cash rate by the end of 2015 and 2016 – based on the dot plot – was revised down. This provided backwind for interest rates to come down,…
Financial Market Preview for March 23-27
The FOMC’s latest meeting provided additional volatility to the financial markets as the tone was slightly more dovish than expected. The aftermath of this meeting is likely to further linger in the financial markets in the coming days. On this…
The Fed and the road ahead – all you need to know – Market Movers #42
The Fed said its word and stirred markets. But what exactly was in there? We dissect the carefully crafted words from the world’s most important central banks, the underlying state of the US economy, market reactions now and looking forward regarding currencies, commodities,…
The FOMC Keeps Silver Alive
The recent FOMC meeting brought some short term optimism for the silver market mainly for iShares Silver Trust (SLV) as the FOMC appeared this time less hawkish than in previous meetings. Let’s review the latest statement, economic data and the…
The High Volatility of UNG Continues
The high volatility in the natural gas market was reflected in the price of United States Natural Gas (UNG) that changed direction with an unclear trend in the past several days. The recent withdrawal from storage was 198 Bcf, which…