US Energy Information Administration Reports Draw

After the gloomy inventory buildup last week, the US Energy Information Administration reports an unexpected draw. For the week through…

Gold Firms Amid Weakening USDCommodities

Gold Firms Amid Weakening USD

Gold firmed early in today’s trading session after retreating in the previous day. The hike is majorly propelled by the…

EPA Nods to Use Weedkiller on GE Cotton, Soya BeanCommodities

EPA Nods to Use Weedkiller on GE Cotton, Soya Bean

The United States Environmental Protection agency gives it go signal, allowing farmers to use a controversial weedkiller on GE cotton…

Oil Price Slid 2% as Supply Continuously RiseCommodities

Oil Price Slid 2% as Supply Continuously Rise

Crude oil price declined by a significant 2%, retracing gains garnered in the previous trading sessions.  The rising number of…

The Fed may add stimulus. What’s happening in the markets?Commodities

The Fed may add stimulus. What’s happening in the markets?

Stock markets suffered a sell-off recently after the Fed declared that the global economy was regressing instead of recovery. The…

Gold Price Climbs while Stock Market TumbledCommodities

Gold Price Climbs while Stock Market Tumbled

It is rare to see the stock market perform lower after sustained good performance throughout the pandemic. The fluctuating stocks…

EIA Inventory Report Sends Oil Price UpCommodities

EIA Inventory Report Sends Oil Price Up

The Energy Information Administration reports another oil inventory draw for the fifth consecutive week.  The EIA report for the week…

U.S Corn Production in the Brink with Drought WorriesCommodities

U.S Corn Production in the Brink with Drought Worries

It seems like there is a never-ending list of shocks that the agriculture sector can get into.  Along with the…

Gold Price Tumbles with FDA’s Nod to Plasma TreatmentCommodities

Gold Price Tumbles with FDA’s Nod to Plasma Treatment

Gold price fell as a convalescent plasma treatment believed to reduce the severity of COVID-19 symptoms drove stocks up. The…

Uzbekistan as One of the World’s Largest Gold ProducersCommodities

Uzbekistan as One of the World’s Largest Gold Producers

The Government of Uzbekistan wants to make gold one of the primary sources of income for the country, through the…