ITM Trading, Inc.

As a result of the almost 8% decline in the price of Gold many dealers were surprised to see the demand for gold jump with clients buying up coins and bars and appearing in unexpected numbers like cicadas on the East Coast. Some dealers have likened the appetite for the yellow metal as the most … Continue reading →

  CNBC April 24, 2013 Reuters   Orders for long-lasting U.S. manufactured goods recorded their biggest drop in seven months in March and a gauge of planned business spending rose modestly, adding to signs of a slowdown in factory activity. Durable goods orders slumped 5.7 percent as demand fell almost across the board, the Commerce … Continue reading →

  Market Watch April 23, 2013 By William L. Watts   Even mighty Germany, the euro zone’s biggest economy and primary growth engine, sputtered in April, according to a preliminary purchasing managers’ index reading, amplifying fears the region will continue to struggle to overcome a devastating recession that economists had previously hoped would come to … Continue reading →

  CNBC Financial Times April 22, 2013 By: Robin Harding   The U.S. economy will officially become 3 percent bigger in July as part of a shake-up that will for the first time see government statistics take into account 21st century components such as film royalties and spending on research and development. Billions of dollars … Continue reading →

  BBC April 19, 2013   The Fitch credit ratings agency has downgraded the UK to AA+ owing to a weakened economic outlook. The move, after Moody’s downgrade in February, came as Chancellor George Osborne defended the government’s austerity plan. Fitch said its downgrade primarily reflected a weaker economic and fiscal outlook. Mr Osborne has … Continue reading →