Category: News Feed

U.S. New Home Sales Rose in March 2013

The U.S. Census Bureau reported (opens pdf) today on the developments in number of new homes sold in the U.S during March 2013: the number of new homes sales declined compared with the number of new homes sold during February…

Natural Gas – Weekly Recap April 15-19

Natural gas future price (short term delivery) declined during the first part of the week only to changed course and sharply rose by the end of it. By the end of the week the Henry Hub future (short term delivery)…

U.S Housing Starts Rose by 7% in March 2013

Based on the latest U.S. Census Bureau report regarding the new residential construction statistics for March 2013, the annual rate of housing starts rose while rate of building permits slipped. This report sends a mixed signal as to the growth…

Natural Gas – Weekly Recap April 8-12

Natural gas future price (short term delivery) started off the week falling only to rally throughout the rest of the week. By the end of the week the Henry Hub future (short term delivery) rose again by 2.35%. Based on…

U.S PPI Declined by 0.6% in March – April Report

According to the recent producer price index monthly update, which was published yesterday, the PPI for finished goods changed course and sharply fell by 0.6% in March compared with February’s index. This report serves as an indicator for the developments…

Will FOMC end QE3 by the end of 2013?

gold and us money base

The minutes of the recent FOMC meeting were published and didn’t reveal anything new: several members still think the current asset purchase program, in which the Fed is purchasing each month $85 billion of mortgage backed securities and long term…

Natural Gas – Weekly Recap April 1-5

Natural gas future price (short term delivery) tumbled down during the first few days of the week only to bounce back on the last couple of days of the week. According to the recent EIA natural gas storage update, the…