U.S PPI Rose by 0.3% in July – August Report

According to the recent producer price index monthly report, which came out yesterday, the PPI for finished goods rose by 0.3% in July compared with June’s index. This report serves as an indicator for the developments in the U.S core…

Gold & Silver Prices – Daily Outlook August 14

Gold and silver, much like many other commodities, changed direction from last week and declined on Monday. The speculations around the future plans of ECB and Bank of China in regards to their respective stimulus plan could continue influencing bullion…

Euro Area GDP Down by 0.2% in Q2 2012

EURO AREA GDP 2012 Q2 update 2009-2012 GDP Q3011 (percent) August 2012

The Euro Area GDP contracted by 0.2% during the second quarter of 2012; this contraction in GDP came despite the slight growth in Germany’s economy by 0.3% and perhaps due to the decline in GDP in other leading countries such…