Last week, the FOMC meeting may have rekindled the speculations of tapering QE3 in December. The market reaction soon followed as the USD rallied and precious metals prices tumbled down. Looking forward, will the US dollar continue to rally? This…
Last week, leading commodities including oil and silver rallied. Conversely, other commodities such as gold and natural gas declined. The uncertainty around the progress of the U.S economy as the government shutdown continues may keep commodities moving in different directions.…
During the past month, petroleum refining companies have rallied: Shares of Valero Energy (NYSE:VLO) rose by nearly 3.8%. Based on the latest development in the oil market including the sharp rise in oil price, will shares of leading refining companies…
The recent fall in the price of oil didn’t seem to curb the recent rally of Exxon Mobil Corporation (NYSE: XOM). The upcoming publication of the third financial reports of the company may shed some light on the recent developments…
Natural gas changed direction and after it had declined in recent weeks the Henry Hub (July delivery) spiked by nearly 15%; crude oil also sharply rose during yesterday’s trading. Gold continued to dwindle as it edged up yesterday by one…