According to the latest producer price index report, which was published today, the PPI for finished goods slightly increased by 0.1% January compared with December. This report serves as an indicator for the direction of the U.S core CPI to…
Gold and silver prices changed direction and rallied yesterday from their slight fall during Tuesday’s trading; crude oil prices also increased; natural gas prices on the other hand sharply decreased. The Euro continued to depreciate against the US Dollar; other…
Today, the second survey of 2012 for the Philly Fed Manufacturing Index regarding February came out: this survey suggests the U.S. manufacturing conditions continued to expand and at a slightly faster pace in February; the Philly Fed index increased from…
According to this month’s U.S. Census Bureau report regarding the new residential construction statistics for January 2012 there was a slight increase in housing starts and building permits. Privately owned Housing starts increased in January 2012: the seasonally adjusted annual…
Gold and silver prices continue to dwindle as they have finished yesterday’s trading with moderate falls. Its still seems that Greece will have to pass additional budget cuts before it will receive the second bailout package. This news might affect…
Gold and silver prices slightly declined yesterday along with other major commodities prices: crude oil prices also slightly decreased; natural gas prices on the other hand sharply increased. The Euro depreciated again against the US Dollar; other major currencies (AUD…
Retails and foods services sales slightly rose again in January 2012 compared with December 2011’s sales, and were also above the sales at January 2011. The U.S. Department of Commerce issued its monthly report on the change in the U.S.…
The Euro Area GDP contracted by a rate of 0.3% during the fourth quarter of 2011; this drop in GDP is mainly due to the contraction of Germany’s economy during the quarter by 0.2%. This contraction is the first time…
Precious metals prices started off the week with slight changes as gold price moderately declined and silver slightly rose. Following the approval of the austerity plan by the Greek parliament, the riots in Greece continue and raise the question whether…
Crude oil prices started off the week on a positive note as both WTI and Brent oil prices rose. Gold and silver prices didn’t move much yesterday; natural gas prices sharply decreased. The Euro slightly depreciated against the USD; other…