Several commodities prices declined again during Thursday: crude oil price (WTI) declined while the price of Brent oil edged up after it had declined for six consecutive days; gold and silver traded down on Thursday – this was the third…
Following the recent publication of the minutes of the FOMC meeting there are renewed expectations of another stimulus plan. In the meantime, many commodities traded in a mixed trend on Wednesday: crude oil price (WTI) increased again while Brent oil…
Many commodities traded up on the second day of the week: crude oil price (WTI and Brent oil) rose again yesterday; gold and silver prices hiked on Tuesday – this was the second consecutive day in which precious metals rose;…
Due to the U.S Independence Day holiday the U.S markets were closed so that major commodities only slightly movement in the Asian and European Markets. These changes weren’t recorded in the U.S markets. The Euro slightly depreciated against the USD.…
Today the U.S. Manufacturing ISM report came out; according to the recent update, the U.S. Manufacturing PMI index fell to 49.7% during June 2012. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S. manufacturing…
Bernanke’s speech in Jackson Hole didn’t bring any major stir up in the financial markets, but there is still high uncertainty in the markets in regards to the future economic progress in the US and Europe. Hurricane Irene that hit…
The U.S. jobless claims report was published today and showed a decline in initial claims by 29,000 for the week ending on May 14th, as it reached 409,000 claims; the insured unemployment rate remained unchanged at 3.0% for the week…
Today Euro Stat published its recent report regarding the Euro Area Construction output during March 2011: the report shows a decline in the in the construction output compared to February 2011 by 0.3% in the Euro Area. On the other…
Despite the expectations that the European Central Bank will raise its interest rate, eventually the Interest rate of ECB remained unchanged at 1.25%. The financial markets reacted very promptly to the news and EURO/USD fell very rapidly. Furthermore, major commodities,…