Tag: Oil Price

Financial Market Forecast for June 23-27

Last week’s FOMC meeting concluded with more dovish tone than many had expected. This news may have contributed to the recovery of precious metals and slightly rally of the USD. This week, several key reports will be released that could…

Financial Market Forecast for June 2-6

The commodities market cooled down, while U.S equities rally during the previous week. This week, in the U.S several economic reports will be released including non-farm payroll, non-manufacturing and manufacturing PMI, factory orders and jobless claims. In Europe, ECB rate…

Financial Market Forecast for May 26-30

This week several U.S related news items could stir up the markets again including: GDP for the first quarter of 2014, core durable goods, jobless claims, consumer confidence, and pending home sales. Canada’s current account and GDP by industry are…

Financial Market Forecast for March 31- April 4

The precious metals market cooled down again last week; energy commodities prices rallied; in the forex market the U.S dollar slightly appreciated against the Euro and Japanese yen and dropped against the Aussie dollar and Canadian dollar. This week many…

Financial Market Forecast for March 3-7

The commodities markets slowed down last week; in the forex market the U.S dollar slightly depreciated against the Euro. This week will be packed with many news items, decisions, reports and events that could affect the commodities and forex markets.…

Financial Market Forecast for February 3-7

Last week’s FOMC decision to cut further its asset purchase program by another $10 billion to $65 billion a month may have contributed to the rally of the US dollar and the decline of precious metals prices. This upcoming week…

Weekly Outlook of Financial Markets for January 6-10

Last week’s slow pace in the financial markets due to the holiday season won’t resemble this week’s pace. This upcoming week will be packed with many news items, decisions, reports and events that could stir up the financial markets again.…

Will Oil Prices Continue to Rally?

The price of oil is climbing back to the $100 mark. The recent developments in the oil market might push oil prices to hover over $100 in the near future. Let’s examine the recent developments in the oil market and…

Weekly Outlook of Financial Markets for December 2-6

Last week’s slow pace in the financial markets won’t repeat next week, and many news items, decisions and reports will come to fruition. These include: U.S non-farm payroll report, ECB, RBA, BOC and BOE rate decisions, U.S, Canada, Australia and…