The GDP of China rose in the second quarter by 2.2% (Q-2-Q), which is nearly 9.6% in annual terms. This is nearly the same rate as in the first quarter in which the annual growth rate was 9.7% and the quarterly…
Category: EURO/USD
Gold and silver reached new highs | Oil price continues its rally –July 13
Gold price continues to break new highs and is nearing the $1,600 mark; Silver price experienced yesterday its sharpest gain in 2011; Crude oil price continues its rally and moderately incline; natural gas price also continued to rise. Here…
Gold & Silver Prices – Daily Outlook July 13
Gold price continues its rally as it rose for six consecutive days; gold and silver prices are currently traded up on the weak US dollar . Today, the Chairman of the Fed will testify, the Eurostat will publish the Euro…
Gold market keeps heating up | Oil price bounced back from falls –July 12
Gold price continues its charge as the Euro and US dollar further weakens against other major currencies. Crude oil price (WTI spot oil) bounced back from its falls and inclined; natural gas price continued to incline as well. Here…
Gold & Silver Prices – Daily Outlook July 12
Gold price rose again yesterday, while silver price broke formation and declined; currently both precious metals’ prices are dropping as the Euro further weakens. Today, the Canadian and American trade balance will be published along with July’s OPEC report. Let’s…
Gold kept on rising | oil started the week with falls –July 11
Crude oil prices started the week with moderate falls; gold price kept on rising, while silver price ended yesterday falling; natural gas price changed direction from last week and sharply inclined. Here is a summary of the price movements…
Gold & Silver Prices – Daily Outlook 11 July
Gold price starts the week the same way it has ended the previous one with rises as the Euro and US economies continue to pose high risk. Today, the Canadian Housing starts and business outlook survey reports will be published;…
Weekly outlook for July 11-15
This upcoming week entails many news items, including (among others) the US and Canadian trade balance reports, Ben Bernanke to testify, the Chinese GDP second quarter report will be published and the BOJ rate decision. Here is an economic news…
Gold & silver started July with sharp rises – weekly recap 5-8 July
Gold and silver prices started July with sharp rises during last week; the recent ECB rate raise might have curbed the rally of gold price, but the disappointing US labor report probably titled the scales back to push gold and…
Recommended posts for the weekend – July 9th
Following the busy week in which the ECB raised the interest rate to 1.5% and the US labor report didn’t show an improvement, let’s review what other writers had to say of this week. Here are several recommended posts regarding…