Category: News Feed

U.S. New Home Sales Declined in August 2012

Yesterday, the U.S. Census Bureau reported on the shifts in number of new homes sold in the U.S during August 2012: the number of new homes sales edged down compared with the number of new homes sold during July 2012.…

U.S. Consumer Confidence Bounced Back in September

The U.S consumer confidence index changed direction and rose during September, after this index had fallen during August. . According to the latest U.S. consumer confidence survey, the consumer confidence index rose in September compared with August’s index: The index…

Philly Fed Index Improved Again in September

Yesterday, the ninth survey of 2012 for the Philly Fed Manufacturing Index for September was published. This survey estimates the U.S. manufacturing conditions. According to the recent survey the conditions have slightly improved again but the index was still negative…

U.S Housing Starts Rose by 2.3% in August 2012

According to the recent U.S. Census Bureau report regarding the new residential construction statistics for August 2012, the annual rate of housing starts increased while the rate of building permits declined. This report sends a mixed signal as to the…

U.S CPI Hiked by 0.6% in August – September Report

The Bureau of Labor Statistics published today its latest report of the U.S CPI for August 2012. According to the recent update, the consumer price index rose by 0.6% after it had remained flat for the previous two consecutive months;…

FOMC Announced QE3 and Low Rates Until mid-2015

The FOMC concluded its sixth meeting this year and as the market had anticipated, the Fed announced it will launch QE3 that will consist of purchasing additional agency mortgage-backed securities at a pace of $40 billion per month. The Fed…

U.S PPI Rose by 1.7% in August – September Report

According to the latest producer price index monthly report, which came out today, the PPI for finished goods rose by 1.7% in August compared with July’s index. This report serves as an indicator for the developments in the U.S core…