According to the latest producer price index monthly report, which was published yesterday, the PPI for finished goods declined again by 0.2% in December compared with November’s index. This report serves as an indicator for the changes in the U.S…
Natural gas (short term delivery) started off the week falling but then changed course and rallied on the last couple of days of the week on account of the higher draw from storage than many had anticipated. According to the…
As many had anticipated the ECB left the Euro interest rate unchanged at 0.75%. In the recent ECB monetary policy meeting Mario Draghi stated there are still challenges the EU will have to face but it may start to show…
The U.S. employment increased again by a higher rate than many had anticipated during December: according to the recent U.S. employment report, which was published today, January 4th by the Bureau of Labor Statistics the number of non-farm employees grew…
Yesterday, the U.S. Manufacturing ISM report was published; according to the latest report, the U.S. Manufacturing PMI index bounced back and rose to 50.7% during December 2012. The U.S. Manufacturing PMI is an index estimates the economic development of the…
Natural gas (short term delivery) changed direction and rallied on the last couple of days of the week, after they had declined at the beginning of the week. According to the recent EIA report, the NG storage declined by 72…
The prices of crude oil changed direction and declined in recent days. The Energy Information Administration came out with its petroleum and oil weekly update: During the previous week, U.S stockpiles changed direction again and moderately rose: the total U.S…
Yesterday, the U.S. Census Bureau reported (opens pdf) on the developments in number of new homes sold in the U.S during November 2012: the number of new homes sales rose compared with the number of new homes sold during October…
The bureau of economic analysis published today December 20th its final estimate of the growth rate of the U.S. Gross Domestic Product for the third quarter of 2012 and a third estimate for corporate profits. According to the recent update,…
Today, the twelfth survey of 2012 for the Philly Fed Manufacturing Index for December was published. This survey projects the U.S. manufacturing conditions. According to the recent update the conditions have improved. Further, the index turned positive; the Philly Fed…