The producer price index was published today. It showed a sharp increase in the PPI for finished goods in September compared to August – an increase of 0.8%. This report also serves as an indicator for the upcoming U.S core…
Category: EURO/USD
Gold & Silver Prices – Daily Outlook October 18
Gold and silver prices started the week with moderate falls as speculation over the next step of the European leaders is not clear. The Chinese economy grew in the third quarter by a slower than expected pace. Currently gold and…
China’s GDP 3Q11 Growth rate Dropped to 9.1%
The GDP of China rose in the third quarter by 2.3% (Q-2-Q), which is nearly 9.1% in annual terms. This is a drop in the growth rate from the previous quarter as the GDP grew by 9.7% and 9.5% in…
Gold and Silver Started the Week Falling –Daily Recap October 17
Gold and silver price changed direction again and slightly declined on the first day of the week; crude oil prices also started the week slipping; natural gas spot prices on the other hand sharply inclined. Here is a summary of…
Gold & Silver Prices – Daily Outlook October 17
Gold and silver prices continue to slowly incline even if they zigzag along the way. The recent rally in the American and European stock markets as some of the confidence among traders was restored even for a short while may…
Weekly Outlook for October 17-21
The third week of October is upon us and here are the main events and reports for the upcoming week include: China’s third quarter GDP, Ben Bernanke’s speech, U.S. TIC Long Term Purchases, U.S CPI, Canada’s CPI, Philly Fed Index,…
Gold and Silver Closed the Week Rising –Daily Recap October 14
Gold and silver prices, much like other major commodities prices, ended the week rising; crude oil prices also sharply inclined; natural gas spot prices changed direction again and sharply increased. Here is a summary of the price movements of precious…
U.S Retail Sales Increased in September – October Report
Retails and foods services sales slightly inclined in September compared to August 2011, and were 7.9% above the sales at September 2010. The U.S. Department of Commerce issued its monthly report on the change in the U.S. retail and food…
Commodities Changed Direction and Fell –Daily Recap October 13
Gold and silver prices changed direction and much like other commodities’ prices, they have closed yesterday’s trading day falling. Crude oil prices also slightly declined; natural gas spot prices sharply fell, while the future price (short term) slightly increased. Here…
U.S. Federal Deficit Inclined by $64 Billion in September
The Federal Budget deficit increased last month by a slower pace than in previous months: according to the recent publication of the Monthly Treasury Statement, the U.S government deficit increased in September 2011 by $64.5 billion; this is a decrease…