
The stock markets fell very sharply yesterday; the markets seem to consider the possibility of an imminent double dip recession in the US and Europe. Perhaps the recent US home sales report stimulated this reaction. The last time this happen…
Yesterday, the IEA – International Energy Agency published its monthly report on the global oil market for July 2011. During July, OPEC’s oil production inclined by nearly 0.1 m bbl/d compared with June’s average oil production; as a result, the…
Yesterday the U.S. Census Bureau issued its monthly report on U.S. new homes sales for June 2011. According to the report, in June 2011 the annual rate of number of U.S. new home sales reached 312,000 (seasonally adjusted); this figure …
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)…