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Housing Starts Increased 1.5% in October, Dropped 2.6% Annually
The rate of new homes being constructed increased in October as builders broke ground on residential properties, but annually housing starts are in decline. The housing market…
Gold Catching a Bid as Stocks Under Siege
The gold market is moving slightly higher in early action today as stocks once again come under significant duress. As of this writing, the Dow Jones Industrial Average is down…
The Market Week Ahead: November 19 – November 23
Happy Monday, traders.
After some excitement over the last 5-6 trading days, things are slowing down this week with Thanksgiving on Thursday; it’s nearly an America-only…
The Market Week Recap: November 12 – November 16
Happy Friday, traders.
So, what kind of week has it been?
You know what? I’m going to say it’s been a pretty positive week for gold. I admit that comparing gold’s…
Modest 0.1% Growth in US Industrial Production
Industrial production rose by 0.1% in October according to the Federal Reserve. While industrial production is not typically volatile, it speaks to the overall stability of the…
US Creates Increased Crude Oil Market Supply, Prices Drop
The price of oil dropped over the last two weeks following unusually high prices in the weeks…
Weekly Jobless Claims See a Slight Rise
Weekly jobless claims rose by 2,000 for a total of 216,000 for the week ending November 10th. Consensus estimates were looking for a decline in claims to 212,000 for the week.…
US Retail Sales Surge After Months of Decline
US Retail Sales have made a comeback after consistent decline since 2015, with the auto industry and related industries like gas being the main consumer focus.
The U.S.…
Eurozone Q3 GDP Comes in at Just 0.2% Growth Due to German Contraction
Slow quarterly growth has been reported in the Eurozone with a Q3 GDP of just 0.2% and a year-over-year growth reading of 1.7%.
Flash estimates show that the third…
German Q3 GDP Drops 0.2%
Germany’s GDP dropped by 0.2% in Q3 2018, the first contraction since 2015. International trade disputes are likely to blame for the Q3 decline of Europe’s economic powerhouse…
Inflation Posts Largest Rise in Nine Months
Prices are officially on the rise. According to…
Japan's Q3 GDP Declines Following Natural Disasters
Japan’s gross domestic product contracted an annualized 1.2% from July to September with the Finance Minister pointing to natural disasters and poor exports as the main causes…
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