US CPI rose by 0.5% in July | S&P500 trade down– August 18th
In the recent report of the Bureau of Labor Statistics, the US inflation for July 2011 inclined by 0.5% or in annual terms it rose by 3.6%. The CPI without food and energy also rose by 0.2% during July and 1.8% in the past twelve months.
A Look at the BRIC Monetary Policies
While the spotlight remains on the U.S. and euro zone, let's shift our focus and take a close look at Brazil, Russia, India, and China (BRIC). How are central banks of "The Big Four" coping with recent trends in the global economy?Read more:
AUD Cracks Record High on CPI, 1.1225-1.1265 Next
Following the CPI release the AUD/USD pushed to a record high. The RBA made it quite clear in their previous RBA Minutes that they were closely following this quarter's CPI and that its direction would impact monetary policy. Doesn't it always? C
Gold Sets Record, Retreats, Still Above Previous Highs
Gold prices reached their new all-time high level today and then retreated slightly. They still remain in the zone above the previous record maximum levels, signaling a strong demand for the commodity amidst global financial troubles.
Bank of Israel kept the August rate unchanged at 3.25%
The Bank of Israel reported it will keep the Israeli basic interest rate unchanged at 3.25% for August 2011. The last time, Bank of Israel raised its basic interest rate was back in June 2011.
Does CAN June CPI Data Shift the Fundamental Bias in USD/CAD
Today's Canada CPI report cancels out the strong readings the country posted in May, and likely gives the BOC more wiggle room to keep rates on hold for longer if economic conditions slack in the 3rd quarter, or if the US economy sputters and bri
Weekly Binary Options Fundamental Analysis & The Week Ahead
GOP lawmakers said the House of Representatives is to vote next week on a plan to raise debt ceiling with equal cuts. Five rounds of talks this week still produced no agreement with the talks likely to resume over the weekend.The gauge of man
Core CPI Still Climbing, Moving Fed Further From QE3
Consumer price data showed the headlines CPI fall in the month of June, for the first time in a year. The index slid 0.2%, around expectations. Looking at the underlying rate however, we see a second straight month of rather strong increase, a 0.
BOC Poll: Sales Views, Inflation Expectations Rise
Dow Jones via eFXnewsCanadian companies expect sales volumes to rise at a faster rate over the next year thanks to strong demand for commodities, and plan to increase employment and invest in
China’s Overheating Can Cause World Economy To Cool
The People’s Bank of China’s various ongoing attempts to reign in Chinese inflation continue to be only temporarily successful, at best. Late last week, the National Bureau of Statistics in China reported that inflation rose to 6.4% in June as c
Dovish RBA Adds to Soft Tone of Recent Aussie Fundamentals,
The central bank strikes a less bullish tone with today’s meetings highlighted the fact that economy may grow slower in 2011 than expected, that employment has slowed, and that inflation is likely to be around target for the next 12 months. That
US Consumes Retrench in May, but Underlying Prices Climbing
Today's personal spending and incomes data showed consumers pulling back spending in May on concerns as the situation in the labor market stalled a bit, and consumers continued to face higher prices. Spending was flat on the month, incomes rose 0


