Gold Silver Reports (GSR) – Bitcoin Seen Popping Like the Greatest Bubbles by BofA — The cryptocurrency is tracking the downfalls of the other massive asset-price bubbles in history less than one year out from its record, analysts lead by Chief Investment Strategist Michael Hartnett wrote in a note Sunday.
Neal Bhai
Stocks To Watch : Axis Bank, HDFC, Wipro, Dalmia Bharat
Gold Silver Reports (GSR) – Stocks To Watch : Axis Bank, HDFC, Wipro, Dalmia Bharat — The S&P BSE Sensex rose 0.48 percent or 161.57 points to 33,788.54 and the NSE Nifty 50 index climbed 0.46 percent or 46.75 points to 10,739.35.
Trump Trade Fears Take Gold and Palladium Futures on a Wild Ride
Gold Silver Reports (GSR) – Trump Trade Fears Take Gold and Palladium Futures on a Wild Ride – Measures of 60-day historical volatility for gold and palladium futures climbed to the highest in about a year. Volatility in silver also increased. Prices were whipsawed last week as Trump administration officials tried to calm markets, while their boss warned of short-lived “pain” from a trade stand-off with China. In Russia, the largest palladium producer, dozens of companies and key allies of President Vladimir Putin are facing a new wave of U.S. sanctions.
Asian Stocks Edge Lower After U.S. Rally Ebbs
Gold Silver Reports (GSR) – Asian Stocks Edge Lower After U.S. Rally Ebbs — Indexes fell in Japan, Australia and South Korea in a muted start to Tuesday trading. Despite gains in technology stocks driving U.S. equities higher on Monday, the S&P 500 Index erased about two-thirds of its advance amid news the FBI conducted a raid at the office of President Donald Trump’s longtime lawyer, Michael Cohen. Treasuries pared losses and oil rebounded from the declines on Friday.
Crude Oil Rises Most in 2 Weeks as Concerns Over Trade War Ease
Gold Silver Reports (GSR) – Crude Oil Rises Most in 2 Weeks as Concerns Over Trade War Ease — Futures jumped as much as 2.5 percent in New York as equities rose and the dollar dipped, boosting oil’s appeal. While President Donald Trump predicted China will be first to buckle in the tug of war, his top economic adviser said the countries are holding “back-channel discussions” to resolve the dispute.
Commodity Traders Stop Buying From Rusal After Sanctions
Gold Silver Reports (GSR) – Trading houses have been advised by their banks and lawyers that they can’t continue trading with the Russian company, according to executives at five companies that regularly buy from Rusal, who spoke under condition of anonymity due to the sensitivity of the discussions.
What to Watch in Commodities: Aluminum, Trump Vs Xi, Copper, Soy
Gold Silver Reports (GSR) – What to Watch in Commodities: Aluminum, Trump Vs Xi, Copper, Soy — On top of that, there are two gatherings that’ll shape the big-picture agenda. In Asia, China’s leadership, including President Xi Jinping, will deliver their take from the Boao Forum for Asia. And in Peru, heads of state from across the Americas will gather in Lima for a summit that may provide a backdrop for a breakthrough on fraught Nafta talks between the U.S., Mexico and Canada.