Gold Silver Reports – Stocks Sell Off on Powell, Poor Data; Yen Climbs — Stocks in Asia followed their U.S. counterparts lower after hawkish comments from Federal Reserve Chair Jerome Powell and weaker-than-expected economic data from China and Japan. The yen strengthened after the Bank of Japan reduced longer dated bond purchases.
US: Fed’s Powell suggests bias for rate hikes – ING
Gold Silver Reports- US: Fed’s Powell suggests bias for rate hikes – ING — James Knightley, Chief International Economist at ING, hold the view that the Fed Chair Jerome Powell’s prepared text of the Congressional testimony hinted towards upside risks for interest rates and thus, anticipates four rate hikes this year.
U.S. Weighs Venezuela Oil Sanctions Before April Vote
Gold Silver Reports – U.S. Weighs Venezuela Oil Sanctions Before April Vote — The U.S. is leaning toward imposing oil-sector sanctions on Venezuela before the country holds April 22 elections that opposition leaders have vowed to boycott, according to a senior State Department official.
MCX Natural Gas Above 172 Target 180—185, Buy 100-200-500 Lots and So Jaao – Neal Bhai Reports – INDIA
FREE MCX Natural Gas Above 172 Target 180—185, Buy 100-200-500 Lots and So Jaao – Neal Bhai Reports – INDIA
Gold Silver Pani Pani – No Magic No Miracle Just Power of Levels – Neal Bhai Reports – INDIA
US Dollar Retakes 90.00 and Above on US Data, Kiss 2-week tops
Gold Silver Reports – US Dollar Retakes 90.00 and Above on US Data, Kiss 2-week tops — The greenback, in terms of the US Dollar Index (DXY), has regained the psychological handle at 90.00 the figure following Powell’s testimony and US data.
Read More: US Dollar Index Ready to Big Big Move Above 90.46 Target 92 and More
Powell Sees Gradual Hikes Amid Strong U.S. Growth Outlook
Gold Silver Reports – Powell Sees Gradual Hikes Amid Strong U.S. Growth Outlook — Federal Reserve Chairman Jerome Powell said the central bank can continue gradually raising interest rates as the outlook for growth remains strong, and the recent bout of financial volatility shouldn’t weigh on the U.S. economy.


