According to the recent consumer confidence survey in the US, the consumer confidence index has slightly inclined during July compare with June’s index; this index declined during the past couple of months. The index stood in July at 59.5 (195=100)…
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US existing home sales slightly fell in June 2011
Following yesterday’s report published by the U.S. Census Bureau vis-à-vis the housing starts and building permits in which these statistics improved in June compared with May’s figures, today the National Association of Realtors published its recent report on US existing…
US Housing starts and building permits rose in June
The real estate market in the US continues to show moderate growth, which could be early signals of a slow recovery in this market. According to the recent U.S. Census Bureau report regarding new residential construction statistics for June 2011:…
China Japan and UK’s holding of US Treasuries rose in May
According to a recent report, of the U.S. Department of the Treasury, the U.S. Treasuries longer-term notes by other countries inclined by $24.7 billion during May compared to April 2011. China’s holding of U.S. Treasuries longer-term notes rose during May…
US Federal deficit declined to $43 billion in June
According to the recent publication of the Monthly Treasury Statement, the US government deficit reached in June 2011 $43.08 billion; this is a 25% decrease from the $57.641 billion deficit recorded in May 2011, and a decrease of 37% from…
US inflation fell by 0.2% in June – July 15th
In the recent report of the Bureau of Labor Statistics, the US inflation for June 2011 declined by 0.2% or in annual terms it rose by 3.6%. The prime reason for the decrease was related to the drop in…
China’s GDP 2Q11 growth rate remained high at 9.6%
The GDP of China rose in the second quarter by 2.2% (Q-2-Q), which is nearly 9.6% in annual terms. This is nearly the same rate as in the first quarter in which the annual growth rate was 9.7% and the quarterly…
U.S. oil stocks rose by over 4.3 million barrels last week – July 14
The weekly report of the Energy Information Administration petroleum analyzes the recent announcement (back in June 23rd) made by the IEA to release 60 million bbl from its strategic stockpiles. The report tries to give an answer as to the…
IEA slightly raised projection on oil demand again – IEA report
Today, the IEA – International Energy Agency published its monthly report on the global oil market for June 2011: the report referred to the recent decision of the IEA to release 60 million barrels of crude oil from its strategic…
Saudi Arabia raised quota by 0.5 million bbl/d -OPEC June report 2011
According to the recent Organization of the Petroleum Exporting Countries report the OPEC oil production inclined by nearly 0.5 million bbl/d during June compared to May 2011: OPEC’s crude oil production rose by 520 thousand bbl/d during June as it…