Following the results of the French and Greek election the market reacted to this news as the Euro declined during the week and dragged along with it other currencies such as the Aussie dollar and also commodities prices such as…
Crude oil prices continued their descent and mostly declined during the month (so far). The reports from OPEC and IEA might suggest the oil market is loosening up. The Brent premium over WTI slightly rose to $14 -$15 range. During…
Last week gold and silver prices slightly decreased despite their modest come back on Friday following another disappointing U.S employment report. This upcoming week there are many news items on the agenda that may affect gold and silver prices. The…
During the weekend the French second stage of the elections will be held. The Greek parliamentary elections will also take place. The results may affect the future policy steps of these countries respective governments and consequently it may also affect the…
Crude oil prices sharply declined on Friday following the U.S labor report. Will this downward trend continue? The Brent premium over WTI slightly declined to $13 -$15 range. During the upcoming week there are several important reports and events that…
Last week gold price slightly increased despite the expectations that the FOMC meeting will adversely affect bullion prices. Silver price slightly declined last week. The U.S GDP for Q1 2012 didn’t reach expectations and may have been among the factors…
Crude oil prices showed some signs of recovery as both WTI and Brent oil slightly increased during last week. They are still in their respective range of $102-$105 for WTI and $117-$120 during the past several weeks; the sharp rise…
Despite the high expectations for dramatic turns during last week’s big news items including the FOMC meeting and U.S GDP for Q1 2012, eventually there were little movements in the major forex and commodities markets. As we are entering a…
Last week gold price didn’t do much and mostly declined, while silver price edged up. This slow paced trading might change in the upcoming week as there are several important items on the agenda that could affect not only the…
The upcoming week will bring many news items on the agenda and is likely to stir up the financial markets after the last couple of weeks in which stocks commodities and forex didn’t move much in any direction. Among the…