The commodity markets are heating up this summer, while the forex market is cooling down. During last week, gold, silver, natural gas and oil bounced back and rallied. Will these commodities’ rally persist this week? This forthcoming week several reports…
The Bureau of Labor Statistics published its recent report of the U.S CPI for July 2013. Based on the latest update, the consumer price index rose again for the third consecutive month; in annual terms the US CPI increased by…
The commodities markets are starting to pull up: Last week leading commodities including gold and silver rallied. Further, leading currencies including Aussie dollar and Japanese yen also appreciated against the US dollar during last week. Will the US dollar continue…
Last week the Aussie dollar tumbled down while the Euro remained nearly unchanged against the USD. In the commodities market, silver and crude oil rallied while gold and natural gas declined. In the upcoming week several reports, decisions and events…
Following the tumble in the prices of gold and silver during June, both precious metals bounced back last month. Moreover, their rally coincided with the recovery of leading currencies such as Euro and Japanese yen against the US dollar. Many…
The Bureau of Labor Statistics published it monthly update: U.S. employment increased again but by a lower than expected pace – according to the ADP estimate, the non-farm payroll rose by 200k during May: The recent U.S. employment report, which…
As anticipated the FOMC left its policy unchanged in the last meeting, which ended today July 31st. In the released statement, the FOMC stated it will maintain its current $85 billion a month of long term securities until the U.S…
The bureau of economic analysis published today July 30th its first estimate of the growth rate of the U.S. Gross Domestic Product for the second quarter of 2013. Based on the current report, U.S output of goods and services growth…
Major energy commodities including oil, and natural gas fell during last week while precious metals rallied. Equities markets slightly pulled back, while in the forex markets the US dollar depreciated against leading currencies including Euro and Japanese yen. In the…
The summer days may have pulled back the volatility in the financial markets as leading commodities such as oil, natural gas and gold didn’t do much during last week. Leading currencies including Euro, Japanese yen and Aussie dollar rallied against…