Tag: U.S Factory Orders

Financial Market Forecast for September 1-5

The market volatility in the markets is slowly returning as we are exiting the summer slumber and into September. We kickoff the month with rate decisions by ECB, BOJ, BOE, RBA and BOC, while in the U.S the NF payroll,…

Gold and Silver Forecast for August 4-8

Precious metals fell again during last week until Friday when the non-farm payroll report showed a gain of 209K in jobs – less than market expectations. Earlier this week, the FOMC decided to taper again its QE3 program and had…

Oil Outlook for August 4-8

The oil market cooled down in the past week despite the decision of Europe and U.S to impose economic sanctions on Russia, which could bring down the oil exports from Russia to the west. Currently, the sanctions aren’t expected to…

Financial Market Forecast for August 4-8

Most leading commodities took a nose dive last week, while USD rallied against leading currencies.  This week, BOJ, BOE, RBA and ECB will have a rate decision meeting, in the U.S several economic reports will come out including non-manufacturing PMI,…

Oil Outlook for March 31- April 4

Oil prices (WTI and Brent) rallied last week. WTI and Brent oil rose by 2.2% and 1.1%, respectively. As a result, the difference of Brent oil over WTI narrowed again: The premium ranged between $6.4 and $7.46. Last week, the…

Gold and Silver Forecast for March 31- April 4

The gold and silver market continued to cool down during last week. In the U.S, several reports were published and showed  mixed signal regarding the progress in its economy: new home sales fell by 3.3% during February; pending home sales…

Oil Outlook for March 3-7

Oil price (WTI) slightly rose during last week. WTI oil inched up by 0.4%; Brent oil slipped by 0.8%. As a result, the gap of Brent oil over WTI narrowed again: The premium ranged between $6.48 and $7.82. Last week,…

Gold and Silver Forecast for March 3-7

Gold and silver prices slipped during last week. The latest economic reports about the U.S and China may have contributed to the recent developments in the precious metals market: U.S new home sales jumped by 9.6%; pending home sales index…

Oil Outlook for February 3-7

Oil price (WTI) slightly rose again during last week, while Brent oil declined. WTI oil rose by 0.88%; Brent oil slipped by 1.37%. As a result, the gap of Brent oil over WTI narrowed: The premium ranged between $8.91 and…