Category: EURO/USD

US PMI manufacturing index slightly fell to 50.6%

Today the U.S. Manufacturing ISM report was published and the U.S. Manufacturing PMI reached 50.6% during August. The U.S. Manufacturing PMI, which is an index that estimates the economic activity in the U.S. manufacturing sector, grew for the 25th consecutive…

Gold & Silver Prices – Daily Outlook August 31

Gold and silver prices rallied yesterday and thus erased the moderate price falls they have recorded on Monday. The US consumer confidence report seems to have had little effect on bullion market. On the other hand, the FOMC minutes revealed…

Euro Area unemployment unchanged at 10% August 2011

According to the recent Eurostat report, the Euro Area seasonally adjusted unemployment rate remained unchanged at 10% during July 2011 – the same rate as in June 2011, but slightly lower than the seasonally adjusted unemployment rate in July 2011,…

US consumer confidence sharply fell in August

According to the recent consumer confidence survey in the US, the consumer confidence index has sharply fell during August compare with July’s index; this index declined during the past couple of months. The index stood in August at 44.5 (1985=100)…

Gold & Silver Prices – Daily Outlook August 30

Gold and silver prices started off the week with moderate falls as the US Treasury bill yields fell and the S&P500 index inclined. Currently, gold and silver prices are traded up. Today, the U.S. consumer confidence report will be published…

US pending home sales fell in July 2011

According to the recent US pending homes sales report there was a drop in pending home sales during July 2011, but was still above the rate in July 2010. The US pending home sales index declined by 1.3% during July…

Gold & Silver Prices – Daily Outlook August 29

Gold and silver prices acted very unstable during last week as they sharply fell on Wednesday following the recent CME margin hike on gold trading, but soon after they have rallied. What is next for gold and silver prices this…