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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Gold Price Prediction, Correction Dependent on Risk Recovery

Two Gold Bar

Gold Silver Reports (GSR) – Gold Price Prediction, Correction Dependent on Risk Recovery : Trade developments, risk appetite and position adjustment are liable to dominate the gold price discussion during the week ahead, with the U.S. interest rate debate on hold for the very short term. Gold moved lower during the first half of the past week before reversing and posting significant net gains – with five-week highs near $1,350 per ounce – under the influence of a sharp deterioration in risk appetite.             

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Executives Voice Trade War Concerns at China Forum

Gold Silver Reports (GSR) – Global economists and executives from Apple Inc.’s Tim Cook to BlackRock Inc.’s Larry Fink gathered in Beijing this weekend against the backdrop a brewing trade war, after U.S. President Donald Trump slapped tariffs on Chinese goods affecting more than $50 billion worth of products.           

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Global Gold Prices Shine as Trade War Fears Rattle Markets

भारत में सोने की मांग वित्त वर्ष में 5 प्रतिशत घटकर 550 टन रहने की संभावना है

Gold Silver Reports (GSR) – Global Gold Prices Shine as Trade War Fears Rattle Markets — Gold prices gained as much as 1% on Friday on a faltering dollar and equities as investors scurried to safety after US President Donald Trump moved towards long-promised anti-China tariffs, prompting a strict response from China amid fears of a global trade war.                                                 

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Varun Beverages Acquires PepsiCo India’s Franchise In Jharkhand

Varun Beverages Acquires PepsiCo India’s Franchise In Jharkhand

Shares of the Gurgaon-based beverage maker fell 1 percent to Rs 603.60.

The company has acquired PepsiCo India’s previously franchised sub territory in Jharkhand along with one manufacturing unit at Jamshedpur, Varun Beverages said in an exchange filing. 

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Strong Support For Nifty At 9,950

Strong Support For Nifty At 9,950

Nifty has been in short mode since it closed below 200-day simple moving average. Overall breadth declined and the present volatility surge also aided the bearish momentum, says Mustafa Nadeem, CEO, Epic Research.                     

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