Gold Silver Reports (GSR) – In the US today, the Federal Reserve will decide on interest rates and before that the move of gold has narrowed down to a small extent. The eye of the market rests on the decision of this meeting. Meanwhile, there is news from the United States about the trade war with China. US President Donald Trump has expressed hope of a reconciliation between the two countries.
Donald Trump
Spot Gold Support at $1,337 per ounce and Next Strong Support @ $1,324 – Gold Silver Reports
Gold Silver Reports (GSR) – Spot gold may break a support at $1,337 per ounce and fall to the next support at $1,324.
Gold on Track for Weekly Rise After US Tariff Hike Takes Effect – Gold Silver Reports
Gold Silver Reports (GSR) – U.S. President Donald Trump’s tariff increase to 25 percent on $200 billion worth of Chinese-goods took effect on Friday, and Beijing said it would strike back, ratcheting up tensions as the two sides pursue last-ditch talks to try salvaging a TradeDeal.
Crude Oil Rallies on Hopes for US-China Trade Deal
Brent crude futures were at $70.85 a barrel at 0021 GMT, up 48 cents, or 0.7%, from their last close. Brent closed little changed in the previous session.
Donald Trump Fed pick Stephen Moore Tried to be Funny About His Wife
The proposal by President Donald Trump to put conservative economic pundit Stephen Moore on the Federal Reserve board hit a stumbling block weeks ago with the disclosure of his contentious divorce and a federal tax lien, which came on the heels of criticism of his nomination by a range of economists.
US Ready to Review Preferential Status if India Comes up with a Trade Proposal: Report
Observing that trade has been an area of frustration in bilateral ties, the US has said that the door is open if India is prepared to bring a serious proposal to the table to address the issues related to trade and market access.
Donald Trump plans Allowed Duty Free Entry of about 2000 Products into the US
US President Donald Trump delivered notice Monday he plans to end key trade preferences for India and Turkey. Trump notified Congress in letters of his “intent to terminate” trade benefits for both countries under the generalized system of preferences.