Trade War: U.S. Metal Tariffs’ Impact On India

India ranks ninth on the list of trading partners that run a trade surplus with the U.S.— it exports more to the U.S. than what it imports. China, Mexico and Japan lead the list and even Vietnam runs a higher surplus against the U.S. than India does, according to U.S. government data.

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US Fed Rate Hike Worries Overshadow GDP Cheer for Sensex, Nifty

Gold Silver Reports – US Fed Rate Hike Worries Overshadow GDP Cheer for Sensex, Nifty — India regaining its position as the world’s fastest growing major economy failed to impress the stock markets on Thursday, as traders worldwide braced for tighter liquidity following US Federal Reserve chairman Jerome Powell’s hawkish comments on rate hikes.

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India Economy Continues To Rebound :Q3 GDP Data

Gold Silver Reports – India Economy Continues To Rebound :Q3 GDP Data  — India’s economy picked up pace in the October-December period as it continues to recover from the twin disruptions of demonetisation and a nationwide goods and services tax.

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Stocks Sell Off on Powell, Poor Data; Yen Climbs

Gold Silver Reports – Stocks Sell Off on Powell, Poor Data; Yen Climbs — Stocks in Asia followed their U.S. counterparts lower after hawkish comments from Federal Reserve Chair Jerome Powell and weaker-than-expected economic data from China and Japan. The yen strengthened after the Bank of Japan reduced longer dated bond purchases.

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US: Fed’s Powell suggests bias for rate hikes – ING

Gold Silver Reports- US: Fed’s Powell suggests bias for rate hikes – ING  — James Knightley, Chief International Economist at ING, hold the view that the Fed Chair Jerome Powell’s prepared text of the Congressional testimony hinted towards upside risks for interest rates and thus, anticipates four rate hikes this year.

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