Tag Archives: PPI

Energy and Food costs drive U.S. Producer Price higher.

WASHINGTON, Jan 13 (Reuters) – U.S. producer prices rose more than expected in December as energy and food costs surged while underlying inflation remained subdued, highlighting a divergence that complicates the outlook for monetary policy. Prices at the wholesale level climbed 1.1 percent after a 0.8 percent rise in November, the Labor Department said on Thursday. Economists had been… read more

Swing Trading Strategies – Gold confirms major TR pattern sell signal. [chart]

Gold has triggered a sell signal after failing inside the 60% sell window. Gold has been forming a bearish TR pattern over the past two weeks after reaching the target objective where the ascending upper parallel line (green) intersected the descending reaction line (red) in conjunction with the projected reversal date (October 13th). Gold posted… read more

PPI [6-16-2010] – Futures Broker

WASHINGTON, June 16 (Reuters) – U.S. housing starts fell more than expected in May to their lowest level in five months, a government report showed on Wednesday, as a popular homebuyer tax credit that had buoyed construction activity over the past two months expired. The Commerce Department said housing starts dropped 10 percent to a… read more