Major commodities prices including oil, gold and silver didn’t do much last week; major currencies pairs including the Euro/USD and Aussie dollar/USD fell last week. The remarks given by ECB President Mario Draghi resulted in the Euro’s tumble by the…
Major commodities prices including oil, gold and silver continued to trade up during last week while certain other commodities such as natural gas fell. Next week several reports, decisions and events may affect the financial markets. These include: ECB and…
Major commodities prices including oil rallied during last week while certain other commodities such as natural gas and precious metals changed course and fell last week. Next week several reports, meetings and events may affect the financial markets. These include:…
Major commodities prices including gold, silver and oil rose during last week. Will this rally continue? Next week several reports and speeches may affect the financial markets. These include: U.S new home sales, Mario Draghi’s speech, Euro-group meetings, Canada’s retail…
The recent decision of ECB to keep the short term interest rates unchanged along with Mario Draghi’s reassuring speech about the future progress of the EU in 2013 may have helped rally not only commodities prices but also the Euro/USD…
During last week, the high volatility in the financial markets returned following the New Year’s holiday. Soon after the fiscal cliff was averted, the markets rallied. Soon after, however, certain markets such as precious metals resumed their downward trend. The…
During the previous week, major commodities remained mostly unchanged as the markets slowed down due to the Holiday. Even the uncertainty around the fiscal cliff didn’t seem to affect the foreign exchange and commodities markets. Last week several U.S reports…
During last week, major energy commodities changed direction and rallied while precious metals continued to trade down. Last week several U.S reports were published: U.S GDP for the third quarter was revised up to a growth rate of 3%; the…
During last week, major commodities continued their downward trend including oil, natural gas, silver and gold. The recent decision of the FOMC to expand QE3 by purchasing $45 billion of long term treasuries on a monthly basis starting January 2013…
During last week, major commodities were traded mostly down including oil, natural gas, silver and gold. Will commodities change direction and rally this week? The highly anticipated FOMC meeting will be held next week and could sharply affect commodities prices…