Tag: Euros to US dollar

Euro Area GDP Down by 0.2% in Q2 2012

EURO AREA GDP 2012 Q2 update 2009-2012 GDP Q3011 (percent) August 2012

The Euro Area GDP contracted by 0.2% during the second quarter of 2012; this contraction in GDP came despite the slight growth in Germany’s economy by 0.3% and perhaps due to the decline in GDP in other leading countries such…

US Pending Homes Sales Decreased in June 2012

According to the recent monthly report of the U.S. pending homes sales, which was published yesterday July 26th by the National Association of Realtors, the real estate market has shifted again as pending home sales declined during June: the U.S.…

Philly Fed Index Slightly Rose in July

Today, the seventh survey of 2012 for the Philly Fed Manufacturing Index for July was published: this survey estimates the U.S. manufacturing conditions have slightly improved by are still deteriorating; the Philly Fed index rose from -16.6 in June to…

U.S CPI Remained Flat in June – July Report

U.S. inflation June 2012 Rate (percent) July 16 2012

The Bureau of Labor Statistics published today the latest report of the U.S CPI for June 2012. According to the publication the consumer price index remained unchanged but in annual terms the US CPI rose by 1.7%. The consumer price…

U.S. Pending Home Sales Up in May

According to the recent monthly report of the U.S. pending homes sales, which was published today June 27th by the National Association of Realtors, the real estate market has shifted again as pending home sales rose during May: the U.S.…

Philly Fed Index Plunged Again in June

Today, the sixth survey of 2012 for the Philly Fed Manufacturing Index for June came out: this survey estimates the U.S. manufacturing conditions that continued to contract during the month; the Philly Fed index fell from -5.8 in May to…

U.S. Pending Home Sales Fell in April 2012

According to the recent U.S. pending homes sales monthly report, which was published today May 30th by the National Association of Realtors, the real estate market has shifted again as pending home sales decreased during April 2012; furthermore the U.S.…

How will a Greek Exit Affect Gold and Silver?

The bets are running high on the speculation around the possibility of Greece exiting the European Union AKA Grexit. How plausible is this scenario? And how such an event might affect the prices of gold and silver? Let’s examine these…

Philly Fed Index Thumbed Down in May

Today, the fifth survey of 2012 for the Philly Fed Manufacturing Index for May was published: this survey estimates the U.S. manufacturing conditions changed direction from growth to contraction during May; the Philly Fed index tumbled down from +8.5 in…