Gold Silver Reports – The tougher job for the Federal Reserve’s new chairman as he presides over his first gathering of the central bank’s policy-setting committee is deciding what to do next.
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.
Japan’s February Exports Grow 1.8% as Trade Recovery Continues
Gold Silver Reports (GSR) – A continued growth in exports suggest the global recovery remains firm. Yet a stronger yen poses some risks, making imports cheaper, weighing on inflation and cutting into exporters’ profits. The risk of a trade war due to U.S. President Donald Trump’s tariffs is another potential source of downside pressure on Japan’s economy.
Asia Stocks Start Week Mixed as Traders Eye Fed
Asian equities traded mixed and currency markets were subdued at the start of a week that’s likely to be dominated by the Federal Reserve’s policy meeting.
This $8.8 Billion Fund Sees Financial Stress Spurring a Gold Rally
Gold Silver Reports (GSR) – This $8.8 Billion Fund Sees Financial Stress Spurring a Gold Rally — Rising U.S. interest rates, usually bad news for gold, are instead feeding signs of financial stress among debt-laden consumers and helping drive demand for the metal as a haven.
U.S. Stocks Retreat From Highs on Economic Reports
Gold Silver Reports (GSR) – U.S. Stocks Retreat From Highs on Economic Reports — U.S. stocks were mixed Friday after positive manufacturing and consumer sentiment reports were countered by slower growth forecasts. Ten-year Treasury yields rose and the dollar gained.
India’s Current Account Gap Widens as Trade Blowout Hits
Gold Silver Reports – India’s current account deficit widened from last quarter, with potential to hurt the rupee before an expected rise in interest rates by the U.S. Federal Reserve next week.
U.S. Stocks Move Higher on Brisk Factory Output
Gold Silver Reports (GSR) – U.S. Stocks Move Higher on Brisk Factory Output — U.S. stocks broke out of their four-day slump as traders looked past White House turmoil to reports of better-than-expected factory output, which pushed 10-year Treasury yields higher and helped the dollar erase losses.