Top Bond Buyers Vanish Before Modi’s Near-Record Debt Sales

Gold Silver Reports (GSR) – Indian government’s near-record bond sales begin in two weeks. The lingering question is who’s going to buy the securities. While the seven-month selloff in sovereign notes has spurred state-run lenders — the biggest holders — to stay away, global funds too have soured on rupee debt. With scant signs of buying support from any direction, traders are worried about the fate of the 6.06- trillion rupee ($93 billion) borrowing for the year starting April 1.                           

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Oil Marketing Companies Fall Tracking Surge In Crude Price

Gold Silver Reports (GSR) – Oil Marketing Companies Fall Tracking Surge In Crude Price — Shares of the state-run oil marketing companies — Bharat Petroleum, Indian Oil and Hindustan Petroleum fell after Brent Crude moved above $70 per barrel to trade close to fresh 52-week high.             

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Asia Stocks Signal More Losses Amid Trade Tensions

Gold Silver Reports (GSR) – The sell-off that sent global markets into a tailspin last week stretched into Monday, with stock futures in Asia signaling further declines amid concern that global growth may be hurt by American protectionist policies. U.S. equity futures offered some hope of stabilization.    

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