Spot Gold Forecast For Today: Stock markets in the US will remain open on Veterans Day on Monday but bond markets will be closed, limiting the market volatility at the beginning of next week.
Bonds
Rupee, Bonds May Fall After Federal Reserve’s Hawkish Pivot
Indian government bonds and the rupee are likely to come under pressure after the Fed opened the door to more and faster-than-anticipated rate hikes.
Rupee Bond Traders To Await RBI’s Reverse Repo
Indian rupee bond traders will look forward to the central bank’s liquidity-management operation Tuesday. The rupee may fall against the dollar as oil prices climb to a seven-year high.
Dow falls 2,300 points – worst one-day loss since 1987 crash
As trading days go, Thursday’s session on Wall Street was a terrible, horrible, no good, very bad one.
Federal Reserve January 2020 FOMC Interest Rate Decision Today – Gold Silver Reports
The Federal Reserve is on deck to release its January 2020 FOMC interest rate decision today at 19:00 GMT. Details provided by the US central bank will likely be examined closely by market participants for clues on changes in language communicated by Fed officials regarding their relative hawkish or dovish leaning.
India’s foreign Exchange Reserves Rose by $441 Million During The Week Ended
India’s foreign exchange reserves rose by $441 million during the week ended November 15, official data showed on Friday.
Indian Rupee opens Flat as Traders Await GDP Data
The Indian rupee on Monday was trading little changed against the US dollar as traders await gross domestic product (GDP) data and developments in US-China trade talks.
Deutsche Bank says India Bond Buys Distort Market
Gold Silver Reports – The Indian central bank’s purchases of bonds to inject cash into the financial system may have an unintended effect of distorting bond prices, according to Deutsche Bank AG.
Fed Keeps Interest Rates Unchanged; Signals No More Increases Likely This Year
The Federal Reserve expressed increasing concern about slowing economic growth as it left interest rates unchanged on Wednesday and showed little appetite for raising them in the near future.
Buy Gold, Sell Stocks Is the ‘Trade of Century’ Says One Hedge Fund
One of last year’s best-performing hedge funds says the “trade of the century” is to buy gold and sell stocks as risk assets are due for another meltdown.