Neal Bhai Reports ~ The focus this week is on FED Chair Janet Yellen’s testimony before the Committee on Financial Services and Committee on Banking, Housing, and Urban Affairs on the 10th and 11th of February.
Global Economic
Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
Gold Gain, Global Economic Report Dims
Gold Silver Reports ~ Gold prices rose modestly in Asia on Friday with investors noting an overall soft global economy spurring easy monetary policies that are likely to remain in place for some time.
World Stocks Market Up as Slowing China Growth
Gold Silver Reports ~ Shares in Europe and Asia rose and the dollar gained after data showing China’s economy grew last year at its slowest pace in a quarter of a century prompted investors to anticipate more efforts to spur growth.
North Dakota Sour Crude at $1.50 a Barrel
Gold Silver Reports ~ Crude Oil is so plentiful and cheap in the U.S. that at least one buyer says it would pay almost nothing to take a certain type of low-quality crude.
Crash In Crude Oil Prices With A Crippling Impact
Gold Silver Reports ~ Crash in crude oil prices with a crippling impact on the economies of the Gulfnations would deal a severe blow to remittances to India, Pakistan and other Asian nations with a maximum possibleimpact on states like Kerala and Punjab.
Free Web access in India
Gold Silver Reports ~ A majority of Indians who submitted comments to the nation’s telecommunications regulator said they support Facebook Inc.’s Free Basics plan that would allow free Web access.
High US Rates Greater Safe Haven Demand for Gold
Gold Silver Reports ~ Charles Gibson, an analyst with London-based Edison Investment Research, is nervous. Gibson says the U.S. Federal Reserve’s statement that it would push the benchmark interest rate to 1.375% by the end of 2016 could send