In the first Federal Open Market Committee meeting for the year, which was concluded today, January 25th, it was announced the Fed will the keep currently low interests rates until late 2014; gold and silver prices sharply increased following this…
The U.S real estate market continues to show signs of recovery as the U.S. existing homes sales rate rose during December 2011 by 5%; this news however doesn’t coincides with the recent decline in the housing starts, which was announced…
Today, the first survey of 2012 for the Philly Fed Manufacturing Index regarding January was published: this survey suggests the U.S. manufacturing conditions continued to expand and at a slightly faster pace in January; the January Philly Fed index increased from…
According to this month’s U.S. Census Bureau report regarding the new residential construction statistics for December 2011 there was a slight decrease in building permits and housing starts. Privately owned Housing starts decreased in December 2011: the seasonally adjusted annual rate reached…
According to the recent report of the Bureau of Labor Statistics, the U.S inflation for December 2011 remained unchanged and in annual terms the US inflation increased by 3.0%. The consumer price index without food and energy slightly rose by…
According to the recent producer price index report, which was published yesterday, the PPI for finished goods slightly decreased by 0.1% December compared to November. This report serves as an indicator for the direction of the U.S core CPI to be…
Today, the IEA – International Energy Agency published its monthly report on the global crude oil market as of December 2011. According to the report, during December, OPEC’s oil production rose to 30.89 million bbl/d compared with November’s average oil…
Retails and foods services sales slightly increased again in December compared with November 2011’s sales, and were also above the sales at December 2010. The U.S. Department of Commerce issued its monthly report on the change in the U.S. retail…
As expected the European Central Bank kept the basic interest rate at 1.00% after ECB had cut the rate in twice in the past couple of months. President of ECB, Mario Draghi continues to call for structural reforms in EU…
The U.S. labor force sharply grew again during December: according to the recent U.S. employment report, which was published today, January 6th by the Bureau of Labor Statistics the number of non-farm employees grew by 200,000 – the highest increase…