Gold Silver Reports — Brexit’s advocates and opponents made 11th-hour appeals to voters on the eve of the U.K.’s referendum on European Union membership, with opinion polls on the last day of campaigning suggesting the ballot could go either way.
Economic
Get the latest Economic Report news, analysis and video updates from GoldSilverReports.
Still a Long Way to Go; FDI in India
Gold Silver Reports — India’s foreign direct investment (FDI) inflows have picked up consistently in the last three years and it is one of the top 10 destinations in the world , but these investments are still small compared to the economy and in the overall global scheme of things.
Bullion Market Ignores Yellen
Gold Silver Reports — Even Janet Yellen can’t seem to distract the Bullion (Gold) market from this week’s Brexit vote. In congressional testimony, the Fed chair signaled that her optimism in the U.S. economy had softened.
As Bets on Brexit Abated, Gold Retreated
Gold Silver Reports — As bets on Brexit abated, Gold retreated on Thursday after touching a high. Brexit” campaign was suspended following an attack that left a British lawmaker dead.
The Coming British Exit (“Brexit) Vote is Also Lifting Gold
Gold Silver Reports — On June 23, 2016 the voters of Great Britain will decide whether or not to leave the European Union (EU), which Britain joined in the early 1970s. With a week until the decision is due, the forces of “Leave the EU” have increased sharply over the “Remain” vote.
Fed Skips June Increase as Six Officials See One Hike in 2016
Gold Silver Reports — Fewer Federal Reserve officials expect the central bank to raise interest rates more than once this year, as policy makers gave a mixed picture of a U.S. economy where growth is picking up and job gains are slowing.
Secrets of The Indian Monsoon
Gold Silver Reports — Underwater robots may help scientists unlock the secrets of the Indian monsoon, whose onset and intensity are key for food supplies and economic growth in the nation of 1.3 billion people.
Crude Oil Prices Slip, Economic Prospects in Europe and Asia
Gold Silver Reports — Crude Oil prices fell, weighed down by gloomy economic prospects in Europe and Asia and a related strengthening in the U.S. dollar, which makes fuel imports for countries using other currencies more expensive.
Federal Reserve Raising Interest Rates Report
Gold Silver Reports — Gold climbed to the highest in four weeks as uncertainty mounts over the potential risks if Britain decides to leave the European Union, and as traders price in zero chance of the Federal Reserve raising interest rates at a meeting this week.
Are You Prepared For Rising Interest Rates???
Gold Silver Reports — St. Louis Federal Reserve President James Bullard said global markets appear to be “well-prepared” for a Summer interest rate hike from the US Fed, he did not specify a date for the policy move.