Major commodities including crude oil gold and silver tumbled down during most of last week. The sharp fall in oil prices may have stemmed from the recent negative U.S report (e.g. retail sales) that showed a decline in demand, and…
The prices of major commodities including gold, crude oil and silver tumbled down during most of last week. Conversely, major currencies moved in a mixed trend: The Euro rose against the USD while the Japanese Yen fell against the USD.…
The prices of energy commodities including crude oil and natural gas rallied last week while precious metals slipped. The developments in the forex markets including the whole Cyprus bailout didn’t seem to affect the commodities markets and didn’t raise the…
The prices of major commodities including gold, crude oil and silver fell again on a weekly scale; major currencies pairs including the Euro and Aussie dollar also depreciated against the USD during the previous week. Will commodities and risk currencies…
Major commodities prices including oil, gold and silver continued to trade down during last week; major currencies pairs including the Euro and Canadian dollar also decrepitated against the USD during last week. Will commodities prices continue to decline next week?…
During last week, major commodities prices were traded mostly up; this includes commodities such as natural gas, oil, silver and gold. The high volatility in some commodities prices during last week might continue this forthcoming week. The main events of…
Gold and silver prices changed direction and plummeted yesterday: silver, even more than gold, declined by 6.89%. The last time gold and silver declined so sharply and promptly was back on December 14th when the FOMC disappointed bullion traders as…
According to the recent report of the U.S. Department of the Treasury, regarding the changes in domestic and foreigners’ holdings of U.S. Treasuries, the net foreign purchases of longer-term U.S. securities inclined by $9.5 billion during July; on the other…
ECB officials announced today that ECB, with the help of the Federal Reserve will offer US dollar based loans to Euro Area banks for three months that will ensure these banks will have enough liquidity to end 2011. This news…
Gold price inclined again yesterday and reached new highs despite the recovery of the major stock markets from Monday’s falls; silver price continued to fall; crude oil prices had a mixed trend as the WTI spot oil price declined, while…