Gold Silver Reports – Federal Reserve officials followed through on an expected interest-rate increase and raised their forecast for economic growth in 2018, even as they stuck with a projection for three hikes in the coming year.
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.
India’s Current Account Deficit Shrinks More Than Estimated
Gold Silver Reports – India’s current account deficit narrowed more than estimated last quarter, which could help the rupee before an expected rise in interest rates by the U.S. Federal Reserve.
For the First Time in Nine Months, the Market Expects Two Fed Hikes in 2018
Gold Silver Reports – For the First Time in Nine Months, the Market Expects Two Fed Hikes in 2018 – On the eve of Janet Yellen’s 2nd-last Federal Open Market Committee meeting as chair of the U.S. central bank, before handing over the reins to Jerome Powell, investors are showing the most confidence in nine months toward the prospect of higher interest rates next year.
Traders Await Fed, ECB | Gold Silver Reports
Gold Silver Reports – Traders Await Fed, ECB – U.S. stocks fluctuated, the dollar rose and Treasuries slipped as investors wait for the year’s final central bank policy moves. The Federal Reserve is expected to raise rates at its meeting on Wednesday and the European Central Bank is expected to reveal details of plans to taper asset purchases on Thursday.
New Deadline: Steps to Link PAN with Aadhaar
Gold Silver Reports – It has been decided to further extend the time for linking of Aadhaar with PAN till 31.03.2018; here is a quick look at how to do it
May’s Fragile Truce Tested as Brexit Pledges Start to Unravel
Gold Silver Reports – The fragile truce Theresa May struck with her warring cabinet and the European Union last week will be put to the test on Monday, as some of the promises made to clinch a breakthrough Brexit deal are already starting to fray.
U.S. Rates Outlook, Meeting Date December 12-13
Gold Silver Reports – Gold is heading for the biggest weekly drop since May as investors anticipate higher U.S. interest rates and progress on tax reform buoys the dollar, deepening a slump for the metal that touched a one-year high as recently as September.