Recent Blogs Posts

During last week, the prices of precious metals rallied mainly on the last day of the week following Ben Bernanke's speech that rekindled the expectations of another QE program in the near future. I still think it's too early to jump to the conclusion that the FOMC will launch QE3 in the near future. During last week, the Euro also traded up against the USD. Further, other commodities prices such as crude oil also increased. Will gold silver and Euro continue to trade up during this short week (it's a American holiday on September 3rd)? There are several important reports, speeches and decisions to be made that may affect the financial markets such as: Mario Draghi's speech, U.S manufacturing PMI, MPC rate decision and purchase program, GB ...

During last week, some commodities prices –crude oil - and forex rates –Euro/USD – resumed their rally. On the other hand, gold and silver prices remained nearly unchanged, while natural gas and Aussie dollar declined. The news of the contraction of the EU GDP for Q2 2012 by 0.2% didn't hold back the Euro/USD from rising during last week. The U.S financial reports that came out last week – Philly Fed Index, U.S housing starts – didn't show much progress. Will this unclear trend continue during the upcoming week? There are several important speeches and reports that may affect the financial markets including: Japan's trade balance, GB GDP for Q2 2012, U.S core durable goods, minutes of FOMC monetary policy, U.S new and existing home ...

During the weekend the French elections were held and the results came in that Hollande had won passed Sarkozy to win the elections. 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 Euro. The disappointing results in the recent U.S employment report, in which only 115 thousand jobs were added, was plausibly responsible for the tumble of U.S stocks and crude oil prices on Friday. Let's examine the main events and news items that may affect the financial markets including: U.S trade balance report, Australian employment, speech of Fed Chairman Bernanke, China’s trade balance, Germany factory orders, OPEC ...

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 forex and commodities. As we are entering a new month and a new week, let's examine the main events and news items that may affect the financial markets including: U.S ISM manufacturing PMI, ECB rate decision, EU M1, M3, China's manufacturing PMI, Canada's GDP, U.S non-farm payroll report and U.S. jobless claims. Here is an outlook for the week of April 30th to May 4th :

The complete Weekly Outlook Update on Trading NRG


Monday, April 30th
09:00 – Euro Area Monetary Development: This monthly report will present the ...