The Euro Area GDP grew by only 0.2% during the second quarter of 2011; this slow paced growth is mainly due to the disappointing growth rate of Germany’s GDP by only 0.1% during the second quarter 2011. During the first…
Category: EURO/USD
Gold & oil prices started the week rising –August 15
Crude oil prices changed direction again and started the week with sharp rises; Gold and silver prices also finished yesterday in the green; natural gas spot price (Henry Hub) finished Monday with falls. Here is a summary of the price…
A decline in US Treasuries holdings – August report
According to a recent report, of the U.S. Department of the Treasury, the U.S. Treasuries longer-term notes by other countries declined by $16.7 billion during June compared with May’s acquisitions. Foreign holdings of all dollar-denominated short-term U.S. securities and other…
Does the market volatility linked to the recent gold rally?
The recent rises in the gold prices during July and August were accompanied with sharp changes in the financial markets including forex and stock markets. Does the high volatility in the financial markets in recent month linked to the rally…
Gold & Silver Prices – Daily Outlook August 15
Gold price changed direction and fell for second straight day to end last week in the red. Gold price is still 6.8% above the price from the end of July. This shift was probably stemmed from the recent margin hike…
Weekly outlook for August 15-19
The high volatility in the financial markets during last week subsided by the end of the week; this volatility was stem by the news of Standard & Poor’s downgrading the US credit rating from AAA to +AA for the first…
Recommended posts for the weekend – August 14
The high volatility in the financial markets during last week has subsided by the end of the week after the stir up caused by the rating change by S&P of US’s credit rating. Before we enter a new week with…
Gold & oil prices finished the week with moderate falls –August 12
Major commodities and forex didn’t change much yesterday: Gold price ended the week with moderate falls for the second straight day; silver price on the other hand ended with moderate rises; crude oil prices also decreased yesterday; natural gas spot…
US retail sales slightly inclined in July – August report
The U.S. Department of Commerce issued its monthly report on the change in the U.S. retail and food sales during July 2011. This report adjusts for seasonal variances but controls for price changes. During July, the U.S. retail and food…
Gold & Silver Prices – Daily Outlook August 12
Gold price changed direction and fell for the first time this week following the recent margin hike by CME; silver price also followed and declined. The stock markets continue to zigzag and sharply incline yesterday. Gold and silver prices are…