Consumer prices stayed flat in July except for gasoline
August 20, 2015
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Business

Consumer prices stayed flat in July except for gasoline

The retail price index increased 1.0% in July, in line with expectations and unchanged from…

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Inflation slowed in July as prices rose 0.1%
August 19, 2015
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Sports

Inflation slowed in July as prices rose 0.1%

Britain’s annual inflation rate rose to 0.1 percent in July, up from zero the previous…

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Gold Declines As Strong Data Imply Rate Hike
August 19, 2015
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Business

Gold Declines As Strong Data Imply Rate Hike

MSCI’s broadest index of Asia-Pacific shares outside Japan.MIAPJ0000PUS slid to a two-year low and was…

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US Consumer Prices Rise Slightly Less Than Expected In July
August 19, 2015
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Sports

US Consumer Prices Rise Slightly Less Than Expected In July

The Office for National Statistics said annual UK consumer prices index (CPI) inflation had risen…

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China Devalues the Yuan for a Second Consecutive Day
August 18, 2015
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Business

China Devalues the Yuan for a Second Consecutive Day

“The late rout in Chinese stocks appears to have knocked sentiment in Europe this morning”.

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Yuan opens weaker, but stronger than central bank midpoint
August 18, 2015
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Business

Yuan opens weaker, but stronger than central bank midpoint

That has put the market focus back on a looming US rates increase. The complex…

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Former top Goldman Sachs exec Robert Kaplan named president of Dallas Fed
August 18, 2015
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Business

Former top Goldman Sachs exec Robert Kaplan named president of Dallas Fed

The regional branch of the Federal Reserve in Dallas has a new president in the…

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Gold struggles as US rate hike looms
August 18, 2015
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World

Gold struggles as US rate hike looms

Speaking of the surging U.S. dollar, prominent Canadian economist David Rosenberg recently noted that the…

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China Shakes Up Metals – Gold Up On Safe Haven Moves
August 17, 2015
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Business

China Shakes Up Metals – Gold Up On Safe Haven Moves

Silver for September delivery added 19.2 cents, or 1.26 percent, to close at $15.476 per…

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Gold Rising From 5-year Lows As Fed Seen Delaying Rate Hike
August 14, 2015
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Business

Gold Rising From 5-year Lows As Fed Seen Delaying Rate Hike

Gold futures on the COMEX division of the New York Mercantile Exchange rose on a…

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