According to this month’s U.S. Census Bureau report of the new residential construction statistics for October 2011 there was a sharp increase in building permits but a very moderate slip in housing starts. Privately owned Housing starts slightly declined in…
Today the recent release of the Philly Fed Manufacturing Index for November was published: this survey showed the U.S. manufacturing conditions are still expanding, but at a slower rate than in October; the November Philly Fed index declined from +8.7…
Major commodities prices continued to zigzag with no clear direction especially the bullion prices: gold and silver prices moderately fell; WTI oil price sharply rose, while Brent oil price slipped; natural gas prices continued to decline. Many currencies including Euro,…
Gold and silver prices continue to shift with no clear direction as they slightly inclined yesterday, after they had moderately fell a day earlier. The European debt crisis continues to influence traders, resulting in the indeterminate direction of precious metal…
Major commodities prices rallied yesterday after they had declined on Monday: gold and silver prices moderately inclined; crude oil prices also changed direction and rose; natural gas prices on the other hand continue to decline. Many currencies including Euro, CAD…
The Euro Area GDP grew by a low rate of 0.2% during the third quarter of 2011; this slow paced growth is mainly due to the continuing low growth rate of Germany’s that grew by 0.5% during the third quarter…
Gold and silver prices changed direction and slightly slipped on the first day of the week. There are many news items on the agenda today including Great Britain CPI, Euro Area GDP for the third quarter, U.S. Retail Sales, U.S.…
Major commodities prices changed direction and started the week with moderate falls; many currencies including Euro, CAD and AUD depreciated against the US dollar; gold and silver prices moderately declined; crude oil prices also changed direction and slipped; natural gas…
The producer price index was published today. It showed a moderate decrease in the PPI for finished goods in October compared to September – a decrease of 0.3%. This report also serves as an indicator for the upcoming U.S core…
Retails and foods services sales slightly inclined in October compared to September 2011, and were 0.5% above the sales at October 2010. The U.S. Department of Commerce issued its monthly report on the change in the U.S. retail and food…