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.
Gold Silver Reports — Existing home sales in the US witnessed a sharp pullback in the month of February, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales tumbled by 3.7% to an annual rate of 5.48 million in February after jumping by 3.3% to a rate of 5.69 million in January.
Gold Silver Reports – JAPAN POSTS TRADE SURPLUS OF 813.389 BILLION YEN IN FEBRUARY — Japan posted a merchandise trade surplus of 813.389 billion yen in February, the Ministry of Finance said on Wednesday, following the downwardly revised 1,087.9 billion yen deficit (originally -1,086.9 billion yen) in January.
Gold Silver Reports – UK inflation accelerated more-than-expected to 2.3 percent in February from 1.8 percent in January, data from the Office for National Statistics showed Tuesday. This was the biggest rise in prices since September 2013. Inflation was forecast to climb 2.1 percent.
Gold Silver Reports — AUSTRALIA HOUSE PRICES ADVANCE 4.1% ON QUATER IN Q4 — Australia house prices advanced 4.1 percent on quarter in the fourth quarter of 2016, the Australian Bureau of Statistics said on Tuesday, following the 1.5 percent increase in the third quarter. On a yearly basis, prices spiked 7.7 percent, up from 3.5 percent in the three months prior. — Neal Bhai Reports
Gold Silver Reports — GOVERNMENT APPROVES FOUR GST BILLS — The Union Cabinet chaired by Prime Minister Narendra Modi has approved the four Goods and Services Tax (GST) bills – Central GST (CGST), Integrated GST (IGST), Union Territory GST (UTGST) and the compensation bills. The bills were approved by the GST Council after thorough, clause by clause, discussion over 12 meetings held in the last six months.
Gold Silver Reports — The FCI has fixed a procurement target of 33 million tonnes for the 2017-18 fiscal starting April, against the 22.96 million tonnes purchased in the previous year, when production was low at 92.29 million tonnes.
Gold Silver Reports — As per the official data, as on 14.03.2017, Government has created a buffer of around 15.33 lakh tonnes of pulses including 4.01 lakh tonnes contracted for imports.n++ — GOVERNMENT AGENCIES MAINTAINS 15.33 LAKH TONNES OF PULSES BUFFER AS ON 14TH MARCH, 2017