Press Conference With Chair of FOMC, Janet Yellen

The Nasdaq led the rally among Wall Street’s main indexes as major rate-sensitive technology and growth stocks advanced after the Federal Reserve hinted it was close to pausing interest rate hikes amid turbulence in the banking sector.

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U.S. Jobs Data Take on Added Importance

U.S. Jobs Data Take on Added ImportanceGold Silver Reports >~ With Federal Reserve policy makers having already moved forward with their first interest-rate increase in almost a decade, Friday’s U.S. jobs report takes on elevated importance for a different reason.

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India Market To Lead South Asian Economy

India Market To Lead South Asian EconomyGold Silver Reports – Narendra Modi Government have another reason to boast of their governance as the latest World Bank report forecasts faster growth rate for India in FY 2016-17. The report says the South Asia region, led by India, is projected to be a bright spot.

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Wall Street Entered The 2nd day of Trading of 2016

Gold Silver Reports >>> Wall Street entered the second day of trading of 2016 on the defensive as investors still reeled from a global stock sell-off Monday and evaluated the most recent steps taken by Chinese authorities to stabilize markets and reduce jitters.

Overnight, shares in mainland China stabilized with the help once again from government intervention in markets a day after a 7% plunge prompted an early halt to trading in what was the worst start to the year ever for China stocks.

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Rupee Bonds Cheaper Than Loans

Rupee Bonds Cheaper Than LoansGold Silver Reports >>> Rupee bond issuance will probably rise to a record this year as notes offer companies savings of as much as 1 percentage point over loans.

Offerings will range between 4 trillion rupees ($60 billion) and 4.5 trillion rupees in 2016, according to nine of 20 bankers surveyed by Bloomberg. Six respondents predicted even higher sales and five forecast lower. ONGC Mangalore Petrochemicals Ltd., a project by India’s biggest energy explorer, is planning a debut sale, while mortgage lender Housing Development Finance Corp. is looking to raise at least 5 billion rupees.

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Year New But Problems Old

Gold Silver Reports – Stocks around the world plunged on the first trading day of 2016, with the Dow diving 470 points in intraday trading before moderating its losses amid fresh signs of slowing growth in China, the world’s second-biggest economy. All three major indexes got spanked as the chart above shows.

2016’s rocky beginning came as many of the same worries that held stocks back last year reappeared, prompting investors to sell equities and reduce risk.

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