The Bureau of Labor Statistics published its recent report of the U.S CPI for July 2013. Based on the latest update, the consumer price index rose again for the third consecutive month; in annual terms the US CPI increased by…
Retails and foods services sales inched up for the eighth time in nine months; during July 2013, the index slightly increased by 0.2% compared with June’s sales and was also above the sales recorded during July 2012. Today, August 13th,…
The Bureau of Labor Statistics published it monthly update: U.S. employment increased again but by a lower than expected pace – according to the ADP estimate, the non-farm payroll rose by 200k during May: The recent U.S. employment report, which…
As anticipated the FOMC left its policy unchanged in the last meeting, which ended today July 31st. In the released statement, the FOMC stated it will maintain its current $85 billion a month of long term securities until the U.S…
The bureau of economic analysis published today July 30th its first estimate of the growth rate of the U.S. Gross Domestic Product for the second quarter of 2013. Based on the current report, U.S output of goods and services growth…
Silver imports in India have sharply increased at the beginning of the year. According to one report, in the first five months of 2013, silver imports to India rose by 26% compared to the first five months of 2012. If…
Retails and foods services sales slightly increased again for the seventh time in eighth months; the index rose during June 2013 by 0.6% compared with May’s sales and also remained above the sales at June 2012. The U.S. Department of…
The minutes of the latest FOMC meeting were published today. The minutes didn’t present too much added value information that wasn’t covered in the statement of the FOMC meeting and the press conference that followed. But the market is reacting…
The natural gas market hasn’t done much during last week following the sharp fall in natural gas prices a couple of weeks ago. According to the latest EIA update, last week’s buildup in natural gas storage was roughly the same…
Silver imports in China have decline in recent months. Conversely, China’s gold imports continue to pick up. The sharp drop in the prices of gold and silver are likely to only pull up the demand for gold and silver in…