RBI Monetary Policy Today: What to Watch out For

Reserve Bank

Gold Silver Reports (GSR) – RBI Monetary Policy Today: What to Watch out For — After two days of deliberations, the Reserve Bank of India’s six-member monetary policy committee is scheduled to announce its policy decision at 2:30pm on Wednesday. While the committee is likely to keep the policy rates unchanged, it is expected to highlight the risks to its policy trajectory from rising inflation and higher fiscal slippage.

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Demand for gold, realty still subdued despite meltdown in equities market

Gold Silver Reports – Demand for gold, realty still subdued despite meltdown in equities market — Despite the meltdown in equities, other competing assetclasses like gold, real estate and fixed income may not have become attractive options for investors yet. Indian markets, which gained around 27% in 2017, have slumped nearly 7% in the last sixtrading sessions. Stocks in the US, Asia and other global markets too have seen a sharp sell-off this week.

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Asia Stocks Rally After Recovery in U.S. Equities

Asia Stocks Rally

Gold Silver Reports – Asia Stocks Rally After Recovery in U.S. Equities – Asian equity markets recovered some of the losses sustained in the global rout after U.S. shares rallied amid a welter of calls to “buy the dip.” The dollar and Treasuries were steady.

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