Buz Investors XAGUSD Price of Silver The silver market performed reasonably well in 2016, with the price of the precious metal picking up more than $2 to close the year at $15.88 per ounce. That in turn helped boost the prospects for silver-tracking investments like the iShares Silver Trust

Silver Price Midday Increased Thursday July 20

Silver | Data | Chart | Calendar | Forecast | News

COMMODITY INVESTORS Silver Price Midday    Silver increased 0.13 USD/t. oz or 0.81% to 16.35 on Thursday July 20 from 16.24 in the previous trading session. Historically, Silver reached an all time high of 49.45 in January of 1980 and a record low of 3.55 in February of 1991.



Silver Price Midday

Silver

Silver futures and options contracts are used by mining companies, fabricators of finished products, and users of silver-content industrial materials to manage their price risk. As a precious metal, silver also plays a role in investment portfolios. The largest industrial users of silver are the photographic, jewelry, and electronic industries. The biggest producer of silver are: Mexico, Peru and China followed by Australia, Chile, Bolivia, United States, Poland and Russia. This page provides – Silver – actual values, historical data, forecast, chart, statistics, economic calendar and news. Silver – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
16.35 16.34 49.45 3.55 1975 – 2017 USD/t. oz Daily

 

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COMMODITIES: (CRUDE OIL) (SILVER) (GOLD)



Buz Investors Chinese producer price index climbed Primarily reflecting a jump in energy prices, the Labor Department released a report on Tuesday showing that U.S. producer prices rose by more than expected in the month of January.

German producer price index remained steady in June

Germany Producer Prices | Data | Chart | Calendar | Forecast

FOREX INVESTORS  German producer price  Producer Prices in Germany remained unchanged at 104.50 Index Points in June from 104.50 Index Points in May of 2017. Producer Prices in Germany averaged 64.57 Index Points from 1950 until 2017, reaching an all time high of 107.70 Index Points in January of 2013 and a record low of 26.50 Index Points in June of 1950.



German producer price

Germany Producer Prices

In Germany, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for – Germany Producer Prices – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Producer Prices – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
104.50 104.50 107.70 26.50 1950 – 2017 Index Points Monthly
2010=100, NSA

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)



Swiss consumer price index dropped as expected in August

CURRENCY INVESTORS UK consumer price index advanced less-than-expected in June

United Kingdom Consumer Price Index (CPI)   | Data | Chart

CURRENCY INVESTORS UK Consumer Price Index CPI in the United Kingdom remained unchanged at 103.30 Index Points in June from 103.30 Index Points in May of 2017. Consumer Price Index CPI in the United Kingdom averaged 77.03 Index Points from 1988 until 2017, reaching an all time high of 103.30 Index Points in May of 2017 and a record low of 48.40 Index Points in January of 1988.



UK Consumer Price Index

United Kingdom Consumer Price Index (CPI)

In the United Kingdom, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides the latest reported value for – United Kingdom Consumer Price Index (CPI) – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Consumer Price Index (CPI) – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
103.30 103.30 103.30 48.40 1988 – 2017 Index Points Monthly
2015=100, NSA

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)



Buz Investors UK Rightmove house price The Rightmove house price index in the UK climbed 1.30% in March on a MoM basis. The Rightmove house price index had recorded a rise of 2.00% in the previous month.

CURRENCY INVESTORS UK house price index advances more-than-expected in May

United Kingdom House Price Index | Data | Chart | Calendar

CURRENCY INVESTORS UK house price House prices in the United Kingdom increased 2.6 percent year-on-year to an average of GBP 218,390 in the three months to June of 2017, below 3.3 percent in the previous period and market expectations of 3.1 percent. It is the smallest annual gain since May of 2013 and significantly below the 10 percent peak reached in March of 2016. On a monthly basis, prices slumped 1 percent, the first monthly decline since January. Compared with the previous quarter, house prices edged down 0.1 percent, marking the third consecutive quarterly fall. Yet, household finances face increasing pressure as consumer prices grow faster than wages. This, combined the new stamp duty on buy to let and second homes in 2016, appears to have weakened housing demand in recent months. A continued low mortgage rate environment, combined with an ongoing acute shortage of properties for sale should continue to underpin house prices over the coming months. Housing Index in the United Kingdom averaged 357.16 Index Points from 1983 until 2017, reaching an all time high of 719.10 Index Points in December of 2016 and a record low of 96.10 Index Points in January of 1983.



UK house price

United Kingdom House Price Index

In the United Kingdom Housing Index refers to Halifax House Price Index. The Index is based on a sample of mortgage data covering around 15,000 house purchases per month. This page provides – United Kingdom House Price Index – actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom House Price Index – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
706.80 713.70 719.10 96.10 1983 – 2017 Index Points Monthly
1983=100, SA

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)



Silver Support levels broken, looking to 19.20

COMMODITY INVESTORS Silver Price Rose Midday on July 18th of 2017

Silver | Data | Chart | Calendar | Forecast | News

COMMODITY INVESTORS Silver Price Rose Silver increased 0.23 USD/t. oz or 1.45% to 16.32 on Tuesday July 18 from 16.07 in the previous trading session. Historically, Silver reached an all time high of 49.45 in January of 1980 and a record low of 3.55 in February of 1991.



Silver Price Rose

Silver Notes

Silver futures and options contracts are used by mining companies, fabricators of finished products, and users of silver-content industrial materials to manage their price risk. As a precious metal, silver also plays a role in investment portfolios. The largest industrial users of silver are the photographic, jewelry, and electronic industries. The biggest producer of silver are: Mexico, Peru and China followed by Australia, Chile, Bolivia, United States, Poland and Russia. This page provides – Silver – actual values, historical data, forecast, chart, statistics, economic calendar and news. Silver – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
16.32 16.07 49.45 3.55 1975 – 2017 USD/t. oz Daily

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COMMODITIES: (CRUDE OIL) (SILVER) (GOLD)



Gold prices edged lower on Friday, still weighed by the previous session’s upbeat U.S. economic growth data, although hawkish

FOREX INVESTORS BUZZ Gold Price Closed Higher on Monday July 17

Gold  | Data | Chart | Calendar | Forecast | News

FOREX INVESTORS Gold Price Closed Gold increased 5.72 USD/t oz. or 0.47% to 1,236.90 on Monday July 17 from 1,228.58 in the previous trading session. Historically, Gold reached an all time high of 1898.25 in September of 2011 and a record low of 34.83 in January of 1970.



Gold Price Closed

Gold Notes

commodity Investors The biggest producers of gold are China, Australia, United States, South Africa, Russia, Peru and Indonesia. The biggest consumers of gold jewelry are India, China, United States, Turkey, Saudi Arabia, Russia and UAE. Gold Futures are available for Trading in  the Commodity Exchange (COMEX) which merged with the New York Mercantile exchange in 1994 and became the division responsible for metals trading. Half of the gold consumption in the world is in jewelry, 40% in investments, and 10% in industry. However, Gold is not only a precious metal but also a commodity vital for many industries. Gold is an excellent conductor of electricity, is extremely resistant to corrosion, and is one of the most chemically stable of the elements, making it critically important in electronics and other high-tech applications. This page provides – Gold – actual values, historical data, forecast, chart, statistics, economic calendar and news. Gold – actual data, historical chart and calendar of releases – was last updated on July of 2017.

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COMMODITIES: (CRUDE OIL) (SILVER) (GOLD)



Bitcoin Price Prediction   Some analysts refuse to make a Bitcoin price prediction for 2017. They say the “right” words but, when push comes to shove, they don’t give us a concrete

$4,000 Is Still the Bitcoin Price Prediction for 2017

Where is Bitcoin Headed?

Bitcoin Price Prediction   Some analysts refuse to make a Bitcoin price prediction for 2017. They say the “right” words but, when push comes to shove, they don’t give us a concrete

FOREX INVESTORS BUZZ Bitcoin Price Prediction   Some analysts refuse to make a Bitcoin price prediction for 2017. They say the “right” words but, when push comes to shove, they don’t give us a concrete Bitcoin price target. I suspect it is because they don’t understand the technology. I made that same mistake once.

I openly laughed at my colleague who made a Bitcoin price prediction of $4,000 in 2017.

n my defense, I had been focusing on microchip stocks at the time. My research yielded some incredible winners for our 21st Century Technology Profits newsletter, so I was pretty happy.

It’s embarrassing to admit, but Patrick was right and I was wrong. Bitcoin prices were indeed poised for a breakout. What with China’s capital controls, India’s demonetization, and the growth of initial coin offerings (ICOs), it seemed like a no-brainer.

History ended up proving Patrick right. BTC prices more than doubled over the following months.



Bitcoin Price Prediction

 

bitcoin1year

They climbed past $1,000, $2,000, and even $3,000. A minor retracement followed this pattern, but those who invested in Bitcoin last year still got rich.

So when I say Bitcoin can hit $4,000 before the end of 2017, know that I didn’t come to that conclusion easily. It wasn’t confirming my prior beliefs. It was in spite of my priors. 

Bitcoin Price Prediction in 2017 Challenged by Ethereum

Despite these tailwinds, some people reject our Bitcoin price target. They think it’s impossible for BTC prices to keep rising, especially as new cryptocurrencies challenge its dominance.

We all know what they’re talking about. There may be more than 800 cryptocurrencies in existence (at the time of this writing), but only one of them poses a significant threat to our Bitcoin price prediction.

I speak, of course, about Ethereum.

Ethereum is more of a platform than a currency, however. It offers innovative features like smart contracts, which is something that Bitcoin simply does not have. It is also perceived as an upgraded version of Bitcoin, which raises the question: Is this bad news for Bitcoin’s worth?

Additional Notes: Bitcoin Volatility and SegWit Deadline

That said, I don’t want to give you the impression that Bitcoin prices will have a clear path to $4,000. There is always risk, especially when it comes to huge moneymakers like Bitcoin.

For instance, Bitcoin’s main short-term risk is SegWit. It is the only factor I see affecting our Bitcoin price prediction in the next few months.

Before I explain what in the world “SegWit” means, you should know that Bitcoin transactions take forever. There is a silly limit embedded in the original code which limits the amount of data in each block.

 

|Chart | Calendar   | TRADE NOW | FORCAST | cryptocurrency 

Market Quotes by TradingView

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There will be a lighter news schedule this week, compared to last week which was quite heavy. There is central bank input expected this week from Australia and New Zealand, as well as a few high-impact pieces of economic data, mostly from Canada and the U.S.A. The market is likely to be most active from Wednesday through to Friday. U.S. Dollar It will be a reasonably light week for the greenback after a slow start, beginning on Wednesday, with the release of Crude Oil Inventories. Thursday will see the release of Unemployment Claims numbers. Finally, on Friday we will have Preliminary UoM Consumer Sentiment data. Australian Dollar It will be a busy and important week for the Aussie, starting on Monday with the release of Retail Sales data. Tuesday brings the monthly RBA Rate Statement and Cash Rate. On Thursday, the Governor of the RBA will be making a minor speech, then finally on Friday the RBA Monetary Policy Statement will be released. New Zealand Dollar It will be a busy and important week for the Kiwi following Monday’s public holiday, starting on Tuesday with the release of Inflation Expectations data and the GDT Price Index. Wednesday brings the monthly RBNZ Rate Statement and Official Cash Rate, followed by the usual press conference. On Thursday, the Governor of the RBNZ will be testifying before Parliament. Chinese Yuan Friday will see a release of Trade Balance data. Canadian Dollar It will be a normal week for the Loonie, starting with Tuesday’s release of Trade Balance data, followed by Employment Change and Unemployment Rate numbers on Friday. British Pound It will be a quiet week for the Pound, with nothing of high impact scheduled except Manufacturing Production data on Friday.

Eurozone consumer price index advanced as expected in June

Euro Area Consumer Price Index (CPI)  | Data | Chart | Calendar


source: tradingeconomics.com
FOREX INVESTORS BUZZ  Eurozone consumer price  Consumer Price Index CPI In the Euro Area decreased to 101.92 Index Points in May from 102.04 Index Points in April of 2017. Consumer Price Index CPI in the Euro Area averaged 86.93 Index Points from 1996 until 2017, reaching an all time high of 102.04 Index Points in April of 2017 and a record low of 70.52 Index Points in January of 1996.

 Eurozone consumer price

Euro Area Consumer Price Index (CPI)

This page provides the latest reported value for – Euro Area Consumer Price Index (CPI) – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Consumer Price Index (CPI) – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
101.92 102.04 102.04 70.52 1996 – 2017 Index Points Monthly
2015=100, NSA

Crude oil Price Rose First Look on Monday July 17

Crude oil  | Data | Chart | Calendar | Forecast | News

FOREX INVESTORS BUZZ oil Price Rose   Crude Oil increased 0.13 USD/BBL or 0.27% to 46.70 on Monday July 17 from 46.54 in the previous trading session. Historically, Crude oil reached an all time high of 145.31 in July of 2008 and a record low of 1.17 in February of 1946.



oil Price Rose

Crude oil

Crude oil is the world’s most actively traded commodity. Crude Oil prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. This page provides – Crude oil – actual values, historical data, forecast, chart, statistics, economic calendar and news. Crude oil – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
46.70 46.54 145.31 1.17 1946 – 2017 USD/BBL Daily

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COMMODITIES: (CRUDE OIL) (SILVER) (GOLD)