Gold Silver Reports (GSR) – Asia Stocks Rise as Earnings Eyed – Equity markets in Japan and Australia eked out feeble gains in a muted start, while Hong Kong stocks pointed higher. Futures on the S&P 500 Index climbed. The S&P 500 Index gained to the highest in almost a month and erased its loss for the year as investors turned their focus to the earnings season after there was no immediate reprisal to the U.S.-led missile strike in Syria and trade concerns took a back seat.
Donald Trump
How the U.S. and Allies Attacked Syria
Gold Silver Reports (GSR) – How the U.S. and Allies Attacked Syria – As images of sick or dying children flooded global media all week, the U.S. guided-missile destroyer USS Winston Churchill churned toward the Mediterranean to join a flotilla of allied warships, including another U.S. destroyer, the USS Donald Cook.
Trump Announces Missile Strikes Against Syria
Gold Silver Reports (GSR) – Trump Announces Missile Strikes Against Syria — Trump said the missile strikes, which were focused on chemical weapons sites, would be carried out in coordination with France and the U.K. and he made clear that the U.S. is prepared to sustain the strikes until Syria stops using chemical weapons.
Oil Retailers Extend Losses After Crude Hits Three-Year High
Gold Silver Reports (GSR) Crude Oil Retailers Extend Losses After Crude Hits Three-Year High – Shares of oil retailers were trading lower for second day in a row after crude oil prices in international markets rose to levels last seen in 2014.
Trump Praises China’s Xi’s Trade Speech, Easing Tariff Tensions
Gold Silver Reports (GSR) – Trump Praises China’s Xi’s Trade Speech, Easing Tariff Tensions – “Very thankful for President Xi of China’s kind words on tariffs and automobile barriers,” Trump said on Twitter. “Also, his enlightenment on intellectual property and technology transfers. We will make great progress together!”
Trump Hints at Deal on Chinese Trade as Xi Readies Response
Gold Silver Reports – Trump Hints at Deal on Chinese Trade as Xi Readies Response — Trump said his administration will “probably” come to an agreement with China to resolve a dispute that has roiled financial markets and raised fears of a major economic conflict between the nations. The U.S. is considering tariffs on as much as $150 billion worth of Chinese imports, while China has vowed to respond with levies of its own on everything from U.S. soybeans to planes.
Trump Trade Fears Take Gold and Palladium Futures on a Wild Ride
Gold Silver Reports (GSR) – Trump Trade Fears Take Gold and Palladium Futures on a Wild Ride – Measures of 60-day historical volatility for gold and palladium futures climbed to the highest in about a year. Volatility in silver also increased. Prices were whipsawed last week as Trump administration officials tried to calm markets, while their boss warned of short-lived “pain” from a trade stand-off with China. In Russia, the largest palladium producer, dozens of companies and key allies of President Vladimir Putin are facing a new wave of U.S. sanctions.