During the week the Euro continued to tumble down while major commodities rates such as oil and natural gas resumed their rally. Will this trend continue this upcoming week? ECB President says there is no need to worry about the…
Last week gold and silver prices bounced back on the second week of July after they had declined during the first week of the month. The minutes of the FOMC meeting came out but didn’t show any hints of a…
Crude oil prices changed direction and rose during most of last week. The recent OPEC report and IEA monthly update didn’t show a significant change from the previous reports. The disappointing GDP growth rate of China for Q2 2012 may…
The recent publication of the minutes of the FOMC meeting didn’t help rally commodities during last week. On the other hand, there were many talks over the possibility of a stimulus plan in U.S and China, especially after the publication…
Last week gold and silver prices didn’t do much at the first few days of the week but after the Fourth of July Vacation precious metals tumbled down. This decline was mostly likely due to the ECB rate reduction from…
Following the recent ECB rate cut by 25pp to 0.75%- its lowest rate and the disappointing U.S non-farm payroll report major commodities prices including oil, natural gas and gold declined during the second half of last week. Will this downward…
Crude oil prices shifted with an unclear trend during the first couple of days of the week but soon enough they declined mainly on the last day of the week after the U.S labor report came out and showed that…
Last week gold and silver prices continued to zigzag with an unclear trend until Friday when both metals along with the rest of other markets including forex, commodities and stocks hiked. The EU Summit and the conclusion from it had…
Crude oil prices continued to dwindle during the first part of the week but by the end of the week oil, much like other commodities, hiked on account of the recent surprise resolution of the EU Summit. Will this recovery…
Following the decision in the EU Summit that took many by surprise the commodities prices including gold, silver and oil changed direction from Thursday and hiked on the last day of the month. The Euro also bounced back and dragged…