In the recent U.S. Census Bureau report regarding the new residential construction statistics for July 2013 it was stated that the annual rate of housing starts and the rate of building permits rose. The rate of growth was roughly as…
The prices of gold and silver jumped yesterday and reached their highest level since June. Their rally coincided with the depreciation of the US dollar against leading currencies such as Euro and Aussie dollar. Moreover, the tumble of leading U.S…
The Bureau of Labor Statistics published its recent report of the U.S CPI for July 2013. Based on the latest update, the consumer price index rose again for the third consecutive month; in annual terms the US CPI increased by…
Precious metals prices changed direction and bounced back on Wednesday. Their rally didn’t coincide with the developments in the forex markets, in which the U.S dollar slightly appreciated against leading currencies such as Euro and Aussie dollar. In the U.S,…
The price of gold changed direction and fell on Tuesday after it had increased in the previous two business days. Conversely, the price of silver remained nearly unchanged. In the U.S the retail sales report came out and showed a…
Retails and foods services sales inched up for the eighth time in nine months; during July 2013, the index slightly increased by 0.2% compared with June’s sales and was also above the sales recorded during July 2012. Today, August 13th,…