The Bureau of Labor Statistics published its latest report of the U.S CPI for December 2012. According to the latest report, the consumer price index remained unchanged after it had decreased by 0.3% in the previous month; in annual terms…
According to the recent January report published by the Organization of the Petroleum Exporting Countries regarding the recent developments in the crude oil market for December, the OPEC oil production inched down again during December compared with November’s oil production.…
Retails and foods services sales rose again for the second consecutive month, during December 2012 by 0.5% compared with November’s sales and were also above the sales at December 2011. The U.S. Department of Commerce (pdf file) published yesterday its…
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…
Natural gas (short term delivery) changed direction again and sharply fell mainly during the first part of the week. This drop in prices came after natural gas rallied a week earlier. According to the recent EIA report, the NG storage…
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…
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…