During the previous weeks the leading “risk related currencies” such as Euro and Aussie dollar tumble down against the USD; commodities prices including gold, silver and oil fell while equity markets rallied. This upcoming week the market volatility might pick up considering the many news items and events that could stir up the markets. Next week several reports, speeches and publications may affect the financial markets. These include: minutes of…
The future price of natural gas (short term delivery) zigzagged with an unclear trend during last week only to rally on a weekly scale. By the end of the week the Henry Hub future (short term delivery) rose by 3.71%. According to the recent EIA natural gas storage report, the natural gas storage increased at a faster pace than the average five years did during the same week: The NG…
Major commodities were traded again in a mixed trend on the third business day of the week: Brent oil and WTI oil bounced back on Wednesday; natural gas Henry Hub future (short term delivery) rallied again yesterday; silver and gold prices plunged on Wednesday; the Euro also slipped against the USD on Wednesday. On the other hand, several currencies such as the Aussie dollar appreciated against the U.S dollar. Here…
Major commodities were traded in a mixed trend on the first business day of the week: Brent oil and WTI oil declined on Monday; natural gas Henry Hub future (short term delivery) slightly rose yesterday; silver rose while gold price slipped on Monday; the Euro also declined against the USD on Monday. Further, several currencies such as the Aussie dollar depreciated against the U.S dollar. Here is a summary of…
Major commodities including oil, natural gas, gold and silver declined during most of last week. Leading “risk related currencies” such as the Aussie dollar and Euro also fell last week. Will commodities rally this week? In the upcoming week several reports, events and speeches may affect the financial markets. These include: Bernanke’s speech, U.S CPI, Philly fed survey, EU GDP for Q1 2013, U.S housing starts, Canada’s manufacturing sales, Germany’s…
The future price of natural gas (short term delivery) continued to plunge during most of last week mainly at the beginning and the end of the week. By the end of the week the Henry Hub future (short term delivery) fell by 3.24%. According to the latest EIA natural gas storage report, the natural gas storage rose at a faster pace than the average five years did during the same…
Major commodities were traded mostly down on the fourth business day of the week: Brent oil price slightly rose while the price of WTI oil fell on Thursday; natural gas Henry Hub future (short term delivery) remained virtually unchanged yesterday; silver and gold prices fell on Thursday; the Euro also declined against the USD on Thursday. Moreover, several currencies such as the Aussie dollar depreciated against the U.S dollar. Here…
The price of natural gas tumbled down in the past couple of weeks. Will natural gas continue to trade down? How will the recent fall of the price of natural gas affect leading natural gas producers such as Chevron (NYSE: CVX). Let’s examine the recent developments in the natural gas market and see what’s up ahead for natural gas. During May (up to date), the price of natural gas plunged…
Major commodities prices moved in a mixed trend on the first business day of the week: the prices of Brent and WTI oil rallied again on Monday; natural gas Henry Hub future (short term delivery) slightly decreased yesterday; silver price slipped while gold prices rose on Monday; the Euro slightly fell against the USD on Monday. Moreover, several other currencies such as the Aussie dollar also depreciated against the U.S…
Major commodities prices mostly increased on the last business day of the week: the prices of Brent and WTI oil rose on Friday; natural gas Henry Hub future (short term delivery) also slightly increased yesterday; silver price rallied while gold prices fell on Friday; the Euro slightly rose again against the USD on Friday. Moreover, several other currencies such as the Aussie dollar also appreciated against the U.S dollar. Here…
