Gold Outlook and Forecast (XAU/USD) for this week is bullish but a strong dollar is a major headwind for the moment. Couple of important speeches will draw attention. On 19 April Fed’s Bullard will discuss the shape of the US economy and monetary policy. On 21 April Fed chair Jerome Powell and EBC head Lagarde will take part in the IMF panel on the Global Economy. Hence, traders may want to wait for a while before taking a decisive call.
Morgan Stanley Sees 20% Upside For RIL Due To Hydrogen Boost
Morgan Stanley Reiterates ‘Overweight/In-Line’ on the stock and raises target to Rs 3,253 from Rs 2,926; an implied return of 19.66%. Emergence of bigger, newer markets …