Gold and silver prices continued to rise even though other commodities prices declined in yesterday’s trading: crude oil prices changed direction and moderately declined, and natural gas price took a dive and precipitately decreased. Major currencies such as Euro and…
Gold and silver bounced back and sharply rose yesterday after gold price had started the week with a moderate fall; crude oil prices also rallied and slightly rose; natural gas continued to trade up on Tuesday. Major currencies such as…
Today the U.S. Manufacturing ISM report was published and the U.S. Manufacturing PMI growth rate rose again to 53.9% during December. The U.S. Manufacturing PMI – an index that presents the economic activity in the U.S. manufacturing sector, rose for…
The bureau of economic analysis published today its third and final estimate of the growth rate of the U.S. GDP in the third quarter of 2011: According to the report, the growth rate of the real U.S GDP 2011 in…
According to the recent producer price index report, which was published today, the PPI for finished goods in increased by 0.3% November compared to October. This report also serves as an indicator for the upcoming U.S core CPI to be…
As I have expected, in the last Federal Open Market Committee meeting, which was held today, December 13th, there were no surprises and Committee decided to maintain its current monetary policy and didn’t introduce a new stimulus plan such as…
Gold and silver prices moderately changed throughout the second week of December with a downward trend. The ongoing uncertainty vis-à-vis the potential outcome of the current European debt crisis continues to affect commodities and forex markets. The main news item…
The producer price index was published today. It showed a moderate decrease in the PPI for finished goods in October compared to September – a decrease of 0.3%. This report also serves as an indicator for the upcoming U.S core…
China’s inflation rate sharply plummeted in October and reached an annual inflation rate of 5.5% – the lowest level since May 2011 and sharpest single month drop since 2009. In addition there was a slowdown in the growth of industrial…
Following the sharp falls on Tuesday that were partly driven by the news from Greece that there will be a Referendum in the EU debt reduction plan, major commodities made a comeback yesterday: gold and silver prices were traded sharply…