“The euro is like a bumblebee. This is a mystery of nature because it shouldn’t fly but instead it does. So the euro was a bumblebee that flew very well for several years. And now – and I think people … Continue reading →

Posted in all posts |

US Treasury Secretary Geithner meeting separately with German FinMin Schäeuble and ECB president Draghi today. No announcement expected.

Posted on July 30, 2012 by News

Posted in all posts |

Gold easier at 1616.81 (-5.89). Silver 27.61 (-0.11). Dollar firms. Euro slips. Stocks called mixed. Treasurys mostly higher.

Posted on July 30, 2012 by News

Posted in all posts |

Morning Snapshot

Posted on July 27, 2012 by News

27-Jul (USAGOLD) — Gold extended to new 5-week highs in early New York trading, spurred by a statement issued by German chancellor Merkel and French President Hollande that echoed yesterday’s comment by ECB President Draghi, that they are prepared to … Continue reading →

Posted in Daily Market Report, Gold News, Gold Views, all posts |

Operation Twist: New York Fed sells $7.930 billion in Treasury coupons

Posted on July 27, 2012 by News

Posted in all posts |

US GDP slowed to +1.5% in Q2 (advance), in-line with expectations, vs +2.0% (revised from +1.9%) in Q1.

Posted on July 27, 2012 by News

Posted in all posts |

Gold higher at 1621.84 (+8.29). Silver 27.63 (+0.168). Dollar defensive. Euro better. Stocks called higher. Treasurys mostly lower.

Posted on July 27, 2012 by News

Posted in all posts |

US initial jobless claims -35k to 353k for week ended 21-Jul, well below expectations of 380k, vs upward revised 388k in previous week.

Posted on July 26, 2012 by News

Posted in all posts |

Gold higher at 1618.30 (+15.70). Silver 27.683 (+0.403). Dollar falls. Euro bid. Stocks called higher. Treasurys steady to lower.

Posted on July 26, 2012 by News

Posted in all posts |

Operation Twist: New York Fed purchases $4.999 billion in Treasury coupons.

Posted on July 25, 2012 by News

Posted in all posts |

US New Home Sales plunge 8.4% in Jun to 350k, well below market expectations of 370k, vs upward revised 382k in May.

Posted on July 25, 2012 by News

Posted in all posts |

Gold higher at 1603.28 (+23.15). Silver 27.266 (+0.306). Dollar retreats. Euro better. Stocks called higher. Treasurys mostly lower.

Posted on July 25, 2012 by News

Posted in all posts |

US $35 bln 2-yr auction awarded at record low 0.220% on strong 4.0 bid cover (second best on record); indirect bid 30.9%.

Posted on July 24, 2012 by News

Posted in all posts |

Category Archives: all posts

Operation Twist: New York Fed purchases $4.778 billion in Treasury coupons.

US consumer confidence jumped to 65.9 in Jul, above expectations of 62.0, vs upward revised 62.7 in Jun.

Chicago ISM rose to 53.7 in Jul, above expectations of 52.5, vs 52.9 in Jun.

US S&P/Case-Shiller 20-City Home Price Index (nsa) rose 2.3% in May to 139.0, vs 135.9 in Apr.

US Q2 ECI +0.5% q/q, in-line with expectations, vs +0.4% q/q in Q1; 1.7% y/y pace, down from 1.9% y/y in Q1.

US personal income +0.5% in Jun, above expectations of +0.2%, vs positive revised +0.3% in May; PCE UNCH, vs negative revised -0.1% in May.

Gold firm at 1625.37 (+4.17). Silver 28.264 (+0.164). Dollar soft. Euro better. Stocks called higher. Treasurys mostly higher.

Operation Twist: New York Fed purchases $1.804 billion in Treasury coupons.

A currency without a country — resurrecting a very old, but worthwhile post on the euro and EU

US Treasury Secretary Geithner meeting separately with German FinMin Schäeuble and ECB president Draghi today. No announcement expected.

Gold easier at 1616.81 (-5.89). Silver 27.61 (-0.11). Dollar firms. Euro slips. Stocks called mixed. Treasurys mostly higher.

Morning Snapshot

Operation Twist: New York Fed sells $7.930 billion in Treasury coupons

US GDP slowed to +1.5% in Q2 (advance), in-line with expectations, vs +2.0% (revised from +1.9%) in Q1.

Gold higher at 1621.84 (+8.29). Silver 27.63 (+0.168). Dollar defensive. Euro better. Stocks called higher. Treasurys mostly lower.

US NAR pending home sales index -1.4% in Jun to 99.3, vs negative revised 100.7 in May.

Operation Twist: New York Fed purchases $1.810 billion in Treasury coupons.

US durable goods orders +1.6% in Jun, well above expectations of +0.5%, vs upward revised +1.6% in May; ex-trans -1.1%.

US initial jobless claims -35k to 353k for week ended 21-Jul, well below expectations of 380k, vs upward revised 388k in previous week.

Gold higher at 1618.30 (+15.70). Silver 27.683 (+0.403). Dollar falls. Euro bid. Stocks called higher. Treasurys steady to lower.

Operation Twist: New York Fed purchases $4.999 billion in Treasury coupons.

US New Home Sales plunge 8.4% in Jun to 350k, well below market expectations of 370k, vs upward revised 382k in May.

Gold higher at 1603.28 (+23.15). Silver 27.266 (+0.306). Dollar retreats. Euro better. Stocks called higher. Treasurys mostly lower.

US $35 bln 2-yr auction awarded at record low 0.220% on strong 4.0 bid cover (second best on record); indirect bid 30.9%.

Operation Twist: New York Fed purchases $1.810 billion in Treasury coupons

US FHFA Home Price Index rose 0.8% in May to 188.1, vs negative revised 186.6 in Apr.

Richmond Fed Index -17 in Jul, well below market expectations of -1, vs -3 in Jun.

US Markit Manufacturing PMI – Flash slipped to 51.8 in Jul, below market expectations of 52.0, vs 52.5 in Jun.

Gold easier at 1573.83 (-2.86). Silver 26.826 (-0.217). Dollar bid. Euro lower. Stocks called lower. Treasurys mixed.

Operation Twist: New York Fed purchases $4.779 billion in Treasury coupons.

Search “Breaking Gold News” Archives

Archives

Recent Posts