EIA Reports Surprise Decline in Oil Inventories - March 22, 2012 21:28

US crude oil futures gained on Wednesday as the Energy Information Administration reported a surprise decrease in crude oil inventories data for the week ending March 16th, 2012. According to EIA’s report crude oil supplies for the week fell 1.2 million barrels as compared to analysts expected increase of 2.1 million barrels for the respective […]

Weekly Outlook for Forex Markets - March 20, 2012 23:52

Major economic events to affect the forex markets for the week ending March 23rd, 2012 are as follows: On Monday, March 19th, 2012, data on Italian industrial sales and orders was published while euro zone reported data on its current account and construction output. In United States, NAHB housing market index was released while US […]

EIA Reports Lower Than Expected Increase in Supplies Data - March 8, 2012 23:30

Energy Information Administration released its inventories report on Wednesday according to which crude oil inventories increased by 800,000 barrels for the week ending March 2nd, 2012 as compared to analysts’ expected increase of 2 million barrels. EIA also reported decrease of 400,000 barrels in gasoline stockpiles while analysts were expecting gasoline supplies to fall by […]

Forex-Weekly Outlook - March 6, 2012 23:09

Major economic events which have significant impact on forex markets for the week ending March 9th, 2012 are as under: On Monday, data on French and Italian purchasing managers Index was published in the euro zone while single currency region published its separate data on purchasing managers index for services sector. The euro zone also […]

EIA Reports Increase In Crude Oil Inventories - February 24, 2012 23:17

Energy Information Administration released its report on crude oil inventories on Thursday according to which crude oil supplies gained by 1.6 million barrels for the week ending February 17th, 2012. Analysts on average forecasted the increase of 1.7 million barrels in crude oil supplies for the respective week. EIA reported decrease of 600,000 barrels in […]

API Reports Increase of 3.6 Million Barrels in Oil Supplies - February 23, 2012 22:33

The American Petroleum Institute released its weekly inventories data on Wednesday according to which crude oil stock piles surged 3.6 million barrels for the week ending February 17th, 2012. API reported the increase of 314,000 barrels in gasoline inventories for the respective week while distillates inventories which include heating oil and diesel surged by 630,000 […]

EIA Reports Declines in Crude Oil Inventories - February 16, 2012 23:22

Energy Information Administration released its weekly data on crude oil inventories on Wednesday and reported the decrease of 200,000 barrel in oil supplies for the week ending February 10th, 2012. Another trade group API on Tuesday reported the increase of 2.9 million barrels in crude oil stockpiles while analysts expected the increase of 1.9 million […]

Energy Information Administration Reports Increase in Supply Data - February 9, 2012 22:15

Energy Information Administration released its report on crude oil inventories on Wednesday according to which crude oil stockpiles increased by 300,000 barrels for the week ending February 3rd, 2012 while another trade group American Petroleum Institute reported the decrease of 4.5 million barrels in the crude oil inventories. Analysts were expecting the supplies to increase […]

Economic Events to Affect the Forex Markets for Week Ending February 10th - February 7, 2012 23:55

List of major economic events that have a significant impact on the Forex markets for the week ending February 10th, 2012 is as under: On Monday, February 6th, data on German factory orders was published in euro zone while the single currency region released its separate indicator on investor confidence. In United Kingdom, data on […]