Economic Events for May 8, 2012 for the European and US Markets 00:01 GBP RICS House Price Balance -10% -10% The Royal Institution of Chartered Surveyors (RICS) House Price Balance measures the percentage of surveyors reporting a house price increase in their designated area. A level above 0.0% indicates more surveyors reported a rise in […]
Market Review May 8 2012 Read More »
Economic Events for May 7, 2012 for the European and US Markets 01:30 AUD NAB Business Confidence 3 The National Australia Bank (NAB) Business Confidence Index rates the current level of business conditions in Australia. Changes in business sentiment can be an early signal of future economic activity such as spending, hiring, and investment. The
Market Review May 7 2012 Read More »
Economic Events for May 4, 2012 for the European and US Markets 08:15 CHF Retail Sales Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity. 10:00 EUR Retail Sales Retail Sales
Market Review May 4 2012 Read More »
Economic Events for May 3, 2012 for the European and US Markets GBP Nationwide HPI Change in the selling price of homes with mortgages backed by Nationwide. It’s a leading indicator of the housing industry’s health because rising house prices attract investors and spur industry activity EUR French Industrial Production It’s a leading indicator of
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As gold continues to trade over 1600.00 per ounce and the economic crisis is still in full swing, US consumers have shift their interest from gold to silver. With less money to spend consumers are forced to be frugal and they have realized that they can get a lot more for their money when purchasing
Silver Begins To Outshine Gold Read More »
Economic events scheduled for today 01:30 JPY Labor Cash Earnings Indicator released by the Ministry of Health, Labour and Welfare shows the average income, before taxes, per regular employee. It includes overtime pay and bonuses but it doesn’t take into account earnings from holding financial assets or capital gains. Higher income puts upward pressures over consumption; therefore
Market Review May 2 2012 Read More »
Economic events scheduled for today 02:00 CNY Chinese Manufacturing PMI 53.60 53.10 China Manufacturing Purchasing Managers Index (PMI) provides an early indication each month of economic activities in the Chinese manufacturing sector. It is compiled by China Federation of Logistics & Purchasing (CFLP) and China Logistics Information Centre (CLIC), based on data collected by the
Market Review May 1 2012 Read More »
Gold prices declined to $1650 an ounce on to close the month, taking a breather after four day run upwards, as upcoming elections in France and Greece and a European Central Bank meeting later this week pressured the euro versus the dollar. The markets continue to adjust to last week’s disappointing US GDP figures and
Gold Closes April At 1650 Read More »
Economic events scheduled for today 08:30 CAD GDP Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy’s health. Canada releases fresh GDP data on a monthly basis. 13:30
Market Review April 30 2012 Read More »
After the main event of the week, the FOMC meeting on Wednesday, gold futures ended down only $1.5 or -0.09 percent. Mid day gold fell $15 to $1,625 after the FOMC policy statement was released, and then swiftly rebounded to $1,650 and settled at $1,642.3. Gold futures rose $18 to 1,660.5 on Thursday but fell
Gold Bounces On The FOMC Read More »
