Weekly Forecast

Oil Outlook for April 21-25

Increase of oil prices - Crisis concept

Oil prices (WTI and Brent) rose again last week. WTI and Brent oil increased by 0.5% and 2%, respectively. As a result, the difference of Brent oil over WTI widened: The premium ranged between $5 and $5.23. Last week, the…

Gold and Silver Forecast for April 21-25

Gold bars on dollars

The precious metals market cooled down last week. Last week, the FOMC Chair Janet Yellen talked about the Federal Reserve’s policy and reassured that the Fed will maintain the low rate even if the U.S economy reaches the FOMC’s targets…

Financial Market Forecast for April 21-25

Financial crisis bomb

The energy commodities markets mostly heated up including oil and natural gas; precious metals cooled down following the positive reports from the U.S regarding this economy’s progress; in the forex market the USD rallied against leading currencies including Euro and…

Will Natural Gas Keep Rising?

gas in hands

The natural gas bounced back during last week. United States Natural Gas (UNG) also recovered. According to the latest U.S Energy Information Administration weekly update, last week’s natural gas injection was the first one in twenty weeks; it was still…

Oil Outlook for April 14-18

oil price crisis

Oil prices (WTI and Brent) bounced back last week. WTI and Brent oil rose by 2.6% and 0.6%, respectively. As a result, the difference of Brent oil over WTI narrowed again: The premium ranged between $3.6 and $5.4. Last week,…

Gold and Silver Forecast for April 14-18

gold price weekly report for November 26

The gold and silver market rallied again during last week. The bullion market’s recovery was partly due to the recent depreciation of the U.S dollar against leading currencies. The minutes of the March FOMC meeting were released and opened the…

Financial Market Forecast for April 14-18

Big Bull

The commodities markets heated up as oil, natural gas and precious metals rallied during last week.  This week several reports, speeches and publications will come to fruition including: U.S retail sales, China’s GDP for the first quarter, Janet Yellen’s speech,…

Oil Outlook for April 7-11

oil price crisis

Oil prices (WTI and Brent) changed direction and declined last week. WTI and Brent oil slipped by 0.5% and 1.2%, respectively. As a result, the gap of Brent oil over WTI contracted again: The premium ranged between $5.2 and $6.2.…

Gold and Silver Forecast for April 7-11

gold price weekly report for November 26

The gold and silver market slightly recovered during last week. The recent non-farm payroll report, in which 192 jobs were added during March, was an improvement from previous months but wasn’t better than expected. The rate of unemployment remained flat…

Financial Market Forecast for April 7-11

Big Bull

The commodities markets recovered mainly at after the U.S NF payroll report showed a rise of 192k in jobs during March. This week several reports and events will take place including: G20 Summit, U.S JOLTS Job Openings, China’s CPI, minutes…