February 2014

The Bank of England kept interest rates low; however, the nation's economy is performing better than previously expected and unemployment rate has almost reached the 7% target level. Do you think that Bank of England Governor Carney will…

"Lower electricity prices, influenced by lower demand in summer months and higher lake levels, contributed to both the lower input and output PPI's in the latest quarter" - Chris Pike, prices manager Earlier this year RBNZ Governor…

The British Pound gained to the highest level in about four years versus the U.S. Dollar after nation's industry report indicated that house prices grew this month. The Sterling appreciated 0.2% to $1.6780 as of 7:47 a.m. in London, after…

West Texas Intermediate oil increased on Monday gaining for the first session in three days after recent reports showed that the U.S. economy is improving and as China's rising bank lending boosted outlook for demand. WTI for settlement in…

Natural gas trade in New York advanced on Monday extending it's the first weekly increase in a four-week period after jumping by 9.2% last week as extremely cold weather moved to the U.S. Northeast. Natural gas for settlement in March…

Gold increased on Monday trading session rising towards the highest figures in over three months after demand for safe-haven assets was boosted by speculation that the world's largest economy may recover slower. Bullion for settlement in…

Precious metals mostly increased on Monday session with silver heading towards the longest winning streak since 1968 after a government report showed that China's bank lending rose spurring demand for commodities. Silver for February…

"Australia's floating exchange rate has been a vital shock absorber for the economy during the upswing of the mining investment boom." - IMF (based on The Sydney Morning Herald) Pair's Outlook The AUD/USD started the week slightly above…

"There will continue to be a bid on Canada, with a budget like that. The market was way too aggressive pricing in a rate cut in Canada just a few weeks ago." - National Bank of Canada (based on The Financial Post) Pair's Outlook The…

Mark Carney and Janet Yellen were expected to be the main highlights of the last week; however, both of them provided no surprises and sounded not very convincing. While both the U.S. Dollar and Pound were highly volatile last week, traders…