Gold Silver Reports (GSR) – Market players will be watching out for inflation and industrial production data today which due at about 5:30 pm. Retail inflation is seen at 4.10 percent in March versus 4.44 percent in February, while February factory output data is expected at 6.8 percent versus 7.5 percent in January.
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.
China’s Factory Inflation Slows as Consumer Price Gains Ease
Gold Silver Reports (GSR) – China’s Factory Inflation Slows as Consumer Price Gains Ease – The producer price index rose 3.1 percent in March from a year earlier, compared with the projected 3.3 percent rise and 3.7 percent in February. The consumer price index climbed 2.1 percent, the statistics bureau said Wednesday, versus a forecast of 2.6 percent and 2.9 percent in February.
Trump Praises China’s Xi’s Trade Speech, Easing Tariff Tensions
Gold Silver Reports (GSR) – Trump Praises China’s Xi’s Trade Speech, Easing Tariff Tensions – “Very thankful for President Xi of China’s kind words on tariffs and automobile barriers,” Trump said on Twitter. “Also, his enlightenment on intellectual property and technology transfers. We will make great progress together!”
U.S.-China Tensions May Put Up to $400 Billion in Investment at Risk
Gold Silver Reports (GSR) – Chinese investment into the U.S. slumped last year to $29 billion from $46 billion, as the Asian nation restricted outbound capital and the Trump administration took a tough stance on deals, according to the report Tuesday from New York-based research firm Rhodium Group and the National Committee on U.S.-China Relations. U.S. investment into China was little changed at $14 billion.
Future Supply Chain Rises After RBI Hikes FPI Limit
Gold Silver Reports (GSR) – Future Supply Chain Rises After RBI Hikes FPI Limit — Shares of the Mumbai-based logistics service provider rose as much as 3.8 …
Trump Hints at Deal on Chinese Trade as Xi Readies Response
Gold Silver Reports – Trump Hints at Deal on Chinese Trade as Xi Readies Response — Trump said his administration will “probably” come to an agreement with China to resolve a dispute that has roiled financial markets and raised fears of a major economic conflict between the nations. The U.S. is considering tariffs on as much as $150 billion worth of Chinese imports, while China has vowed to respond with levies of its own on everything from U.S. soybeans to planes.