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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…
Economic Expectations in Germany Remain Low
The ZEW Indicator of Economic Sentiment in Germany increased slightly by 0.6 points this month and remains at the negative side of the spectrum with a reading of -24.1, a far…
The Market Week Ahead: November 12 – November 16
Happy Monday, traders.
(Or, Happy Tuesday if you were lucky/smart enough to have Veteran’s Day off. Good for you, it’s an empty calendar for Monday anyhow.)
The…
Gold Hits Four Week Low
Gold is under pressure again today to kick off the new trading week. As of this post, the yellow metal is down $6.80 per ounce at $1202.60. The U.S. Government is closed today…
The Market Week Recap: November 5 – November 11
Happy Friday, traders.
So, what kind of week has it been?
Certainly, a more active week in gold than we…
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