Weak ISM Manufacturing Report Confirms Negative Outlook
Manufacturing activity in the United States contracted in May for the first time since November 2012, according to the latest Manufacturing ISM Report on Business. Even though overall economic...
View ArticleGold and Silver Prices Rise as Economic Growth Remains Weak
On Monday, gold (NYSEARCA:GLD) futures for August delivery, the most active contract, jumped $18.90 to close at $1,411.90 per ounce, while silver (NYSEARCA:SLV) futures for July surged 48 cents to...
View ArticleHas U.S. Manufacturing Entered the Dog Days?
Growth in U.S. manufacturing output hit a three-month high in June, according to flash estimates of the Markit Manufacturing Purchasing Managers’ Index. The output index increased from 52.7 in May to...
View ArticleMonday Morning Cheat Sheet: 3 Stories Moving Markets
Markets were mixed in Asia on Monday. Japan’s Nikkei index climbed 1.28 percent to a one-month high as the yen weakened to 99.6070 against the dollar. In Hong Kong, the Hang Seng advanced 1.78...
View ArticleManufacturing Sector to Economy: It’s Getting Better
Total new orders for manufactured goods increased 4.2 percent on the month in June to $244.5 billion, according to an advance report from the U.S. Census Bureau. This follows and upwardly revised...
View ArticleRecovery Remains Fickle as Industrial Production Stalls
Source: http://www.flickr.com/photos/usnationalarchives/ Overall industrial production was unchanged in July, according to the U.S. Federal Reserve, which, although not entirely surprising, is...
View ArticleExports in EU Gain Steam Despite Lingering Threats
The European Union is trying to look strong as some signs of manufacturing life as exports are slowly gaining across the stronger countries in the bloc. The news comes as a pleasant surprise at a time...
View ArticleGold Falls Below $1,400, Silver Plunges 3.5%
On Wednesday, gold (NYSEARCA:GLD) futures for December — the most active contract — fell $22 to close at $1,390 per ounce, while silver (NYSEARCA:SLV) futures dropped $1.01 to finish at $23.42. It was...
View ArticleManufacturing Output Trips Over the October Government Shutdown
Source: http://www.flickr.com/photos/usnationalarchives/ The U.S. manufacturing sector continued to grow in October, although at the slowest rate in 12 months. Markit’s Flash U.S. Manufacturing PMI —...
View ArticleTexas Manufacturing Charges Forward: Is It Time to Get Bullish?
Source: Thinkstock Things are looking up in Texas. Factory activity, as measured by the Federal Reserve Bank of Dallas, increased for the 11th consecutive moth in March, according to a survey of...
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