The financial markets rallied as most stocks markets and commodities rose during last week. Even the lower than expected number of jobs added in the U.S during January, according to latest NF payroll report, didn’t stop commodities and stocks to…
Following the sharp fall in the past several days, the prices of gold and silver recovered yesterday from their downward trend and sharply rose. Their recent recovery may have partly been related to Bernanke’s speech about the Fed’s future policy…
Oil prices (WTI and Brent) slightly declined last week: WTI inched down by 0.01%; Brent oil, by 0.75%. As a result, the gap of Brent oil over WTI contracted: The premium ranged between $9.26 and $11.96. Last week, the EIA’s…
The prices of gold and silver continued their downward trend last week. Their recent fall coincided with the strengthening of the US dollar against the Euro. In the U.S, the Non- farm payroll report was released and was better than…
Major commodities prices have mostly decreased during last week including Oil (Brent), gold and silver prices. The recent U.S GDP and NF payroll report were better than anticipated, which contributed to the rally of the US dollar. Moreover, the decision…