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Oil is updated 2012 low
Anastasiya PozdnyakovaLast week, oil prices continued to decline and reached a new low this year. The main theme of the week were the results of the elections to the European countries that have caused investors to fear that the European efforts in the area of the budget savings could come to nothing.
Gold fell to the January lows
Anastasiya Pozdnyakova
05.05.2012 - 10:51
Eurozone data on industrial activity, unemployment and the ECB's comments on monetary policy have put pressure on the euro and the dollar strengthened. In addition, the added negative released worse than expected employment data in the United States.
Gold fell on the background of a weak euro and the U.S. statistics
Anastasiya Pozdnyakova
Oil plummeted to February lows
Anastasiya PozdnyakovaWeak statistics on the U.S. labor market caused a sharp drop in crude oil traded in New York below $100 a barrel.
Gold rose on the background of expectations of further U.S. economic stimulus
Anastasiya PozdnyakovaThe focus of last week was a two-day meeting of the Federal Open Market Committee of Federal Reserve, which outlined the prospects for monetary policy in the country.
Gold rose on the background of expectations of further U.S. economic stimulus
Anastasiya PozdnyakovaThe focus of last week was a two-day meeting of the Federal Open Market Committee of Federal Reserve, which outlined the prospects for monetary policy in the country.
Oil rose to $105 per barrel
Anastasiya PozdnyakovaLast week oil futures rose, receiving support from a weaker dollar amid increasing speculation in the market for further economic stimulus from the Fed.
Gold fell on the background of weak physical demand for precious metals
Anastasiya PozdnyakovaGold prices declined throughout the week, as fear of the financial condition of Spain and Italy from investors dumped riskier assets.
Gold fell on the background of weak physical demand for precious metals
Anastasiya PozdnyakovaGold prices declined throughout the week, as fear of the financial condition of Spain and Italy from investors dumped riskier assets.
Oil had volatile week
Anastasiya PozdnyakovaThe beginning of the week was accompanied by a stress on the oil market after the "six" of international mediators on Iran's nuclear program agreed on a new round of talks with Tehran on May 23.