Looking for the best carry trade in currency markets?

Gold Silver Reports — Looking for the best carry trade in currency markets? The Taiwan dollar leads the pack. With global currency volatility near a three-month low, conditions are supportive for carry trading in emerging currencies from the Brazilian real to the Thai baht and Russian ruble. The Taiwan dollar trade has outperformed this year, defying concerns that U.S. President Donald Trump may impose protectionist policies that hurt the island’s exports, which are critical to its economy. Overseas shipments have actually been growing. Taiwan also recently raised its 2017 economic growth forecast, and its financial markets are sizzling.

Read More →

Stocks Rise Before U.S. Jobs Data

Stocks Rise Before U.S. Jobs Data

Gold Silver Reports — Most Asian equities rose and the Japanese yen held near a three-week high before U.S. jobs data that will shape expectations for the timing of the Federal Reserve’s next interest-rate hike. The British pound extended its loss for the week and Brent crude traded near $50 a barrel.

Read More →

India Economy Will Support Rupee Bonds

India Economy Will Support Rupee Bonds

Gold Silver Reports — Pacific Investment Management Co. says the growth trajectory and financial health of India’s economy will support rupee bonds regardless of who helms the central bank. That may soon be someone other than Governor Raghuram Rajan after a newspaper report said he’s not seeking a 2nd term.

Read More →