During last week, major commodities prices shifted with unclear trend; this includes commodities such as oil, silver and gold. The low volatility in the commodities markets during last week might continue this week as it will be a short one…
During last week, crude oil remained nearly unchanged, which coincided with the mixed trend in the forex markets. The recent tensions in the Middle East didn’t seem to directly affect the oil market for now. According to the recent EIA…
The prices of gold and silver changed direction last week and rose. Will this rally continue this week? The U.S Presidential elections are over. The results of the elections may have contributed to the recovery of bullion rates. Back in…
During last week, major commodities prices zigzagged with high volatility; this includes oil, silver and gold. The U.S Presidential elections are over. In the 2008 elections the prices of commodities also shifted with high volatility during the week of the…
During last week, crude oil changed direction and rose, which coincided with the modest depreciation of the USD against the Yen and Aussie dollar. The oil stockpiles rose by 0.7MB. During last week, WTI oil rose by 1.43%; Brent oil,…
The prices of gold and silver continued last week their downward trend. Will this downward trend progress this week? The U.S manufacturing PMI edged up during October to reach 51.7%; jobless claims decreased by 9k to reach 363k. These reports…
During the previous week, crude oil continued their descent, which coincided with the modest appreciation of the USD against the Euro and Aussie dollar. The oil stockpiles changed remained nearly unchanged. During last week, WTI oil declined by 1.65%; Brent…
During last week, major commodities prices tumbled down; this includes oil, silver and gold. The U.S non-farm employment increased 171k jobs in October. This report, however, had a negative effect on commodities prices on Friday. Last week, several other reports…
The recent FOMC meeting didn’t seem to affect much the prices of gold and silver during last week, as the FOMC left its monetary policy unchanged. On a weekly scale, both gold and silver edged down. Several U.S reports may…
During last week, crude oil continued their downward trend, which coincided with the appreciation of the USD against the Euro and Canadian dollar. The oil stockpiles changed direction and rose during last week by 3.9 M bl. During the previous…