posted by
GAINSY
5 days ago
in Fundamental, Gold
Data data everywhere and not a drop of growth. We've gone with that as the opening sentence for the second day in a row to reinforce to our readers that the global economy is turning down again. We have noted recently that the pace of economic...
posted by
commodityblog
5 days ago
in USD, Fundamental, Daily
The South African rand weakened today, extending its longest decline in a year and touching the lowest level in four years, on concerns that worker strikes and falling commodity prices will hurt the nation’s economy.
posted by
dipali
5 days ago
in Technical, Fundamental, Gold
Indian share market slips on red side after opening in green side on early trade. Today BSE index SENSEX open at 20267.60 but strong trend support market and expected to bounce back in some time. Whereas NIFTY opens at 6172.95 its yesterday clo
posted by
commodityblog
5 days ago
in USD, CAD, Fundamental
The Canadian dollar dropped today as speculations about reduction of quantitative easing by the US Federal Reserve continued, trimming risk appetite of investors and making them less willing to buy risky currencies.
posted by
GAINSY
6 days ago
in Fundamental
The slew of economic data released this morning out of the US reinforced the need for ongoing Fed stimulus (for now) as reports raised concern regarding both of the Fed's mandates (price stability and full employment). Consumer prices fell by -0.
posted by
GAINSY
6 days ago
in Fundamental, Consumer
Consumer prices declined 0.4% in April. This marked a second consecutive monthly decline following a 0.2% dip in March and pushed the year-over-year rate of increase down to 1.1%, the lowest annual pace of price growth since November 2010, from 1
posted by
GAINSY
6 days ago
in Fundamental, Housing
Privately owned housing starts in the US fell 16.5% in April to a five-month low of 853,000 annualized units, missing market expectations for a reading of 970,000. The sharp monthly decline in homebuilding comes after activity hit a five-year hig
posted by
GAINSY
6 days ago
in USD, CAD, Fundamental
It's another key day for US economic data. As debate heats up about the timing of a possible exit of QE3, economic data is becoming even more importan...
posted by
GAINSY
6 days ago
in USD, Fundamental
Is it really the best of a bad lot? Even disappointing PPI and manufacturing data yesterday suggests that the US recovery is somewhat uneven. So far this has not been able to stall the ‘mighty' dollar's rally. The dollar bull continues to rely on
posted by
GAINSY
6 days ago
in Fundamental
The Japanese economy appears to have started a relatively strong recovery in Q1 13 where GDP expanded 3.5% q/q AR (Cons: 2.7%, DB: 2.6%) after increasing 1.0% q/q AR in Q4 12 (revised up from 0.2% q/q AR)...
posted by
DPopplewell
6 days ago
in USD, EUR, Fundamental
Is it really the best of a bad lot? Even disappointing PPI and manufacturing data yesterday suggests that the US recovery is somewhat uneven. So far this has not been able to stall the ‘mighty’ dollar’s rally.
posted by
GAINSY
6 days ago
in Fundamental
David Cameron suffered a crushing blow on Wednesday after lawmakers from his ruling Conservative Party voted against the government's legislative program for a referendum on EU membership...