Gold Silver Reports – Gold Prices to Soar on Tax Reforms & Inflation Fuels — The Federal Reserve raised rates for the third time in 2017 following the Federal Open Market Committee (FOMC) meeting on 12 December. Since 2015, gold has established a year-end pattern where it becomes oversold ahead of the December Fed rate decision.
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.
Trump Vows `Reciprocal Tax’ on Imports From High-Tariff Countries
Gold Silver Reports – Trump Vows `Reciprocal Tax’ on Imports From High-Tariff Countries — President Donald Trump promised a tax on imports, reviving an idea he floated earlier in his administration that risks escalating tensions with key U.S. trade partners.
Donald Trump says stocks drop is ‘big mistake’ amid strong economy
Gold Silver Reports – Donald Trump says stocks drop is ‘big mistake’ amid strong economy — US President Donald Trump, who has repeatedly praised Wall Street gains during his first year in office, on Wednesday dismissed recent market gyrations, saying stocks should not be falling amid strong economic news.
RBI Keeps Repo Rate at 6%, Flags Inflation Risks 2018
Gold Silver Reports – 🇮🇳 RBI Keeps Repo Rate at 6%, Flags Inflation Risks 2018 – The Reserve Bank kept the key policy rate unchanged at 6 per cent for the third consecutive time today in view of firming inflation.
RBI Monetary Policy Today: What to Watch out For
Gold Silver Reports (GSR) – RBI Monetary Policy Today: What to Watch out For — After two days of deliberations, the Reserve Bank of India’s six-member monetary policy committee is scheduled to announce its policy decision at 2:30pm on Wednesday. While the committee is likely to keep the policy rates unchanged, it is expected to highlight the risks to its policy trajectory from rising inflation and higher fiscal slippage.
US stocks sold-off amid concern over surging bond yields
US stocks sold-off amid concern over surging bond yields — On the last trading day of the week, major US equity indices opened with steep losses amid growing concerns over the recent upsurge in bond yields.
Budget 2018: Sector-Wise highlights of Arun Jaitley’s Budget Speech
Budget 2018: Sector-Wise highlights of Arun Jaitley’s Budget Speech – Finance minister Arun Jaitley is presenting in Parliament the Union Budget 2018, the Narendra Modi government’s last full budget before the 2019 Lok Sabha elections. He has the unenvious task of balancing fiscal prudence with populism to repair the rural economy and bolster growth in the Indian economy.