Gold Silver Reports – Trend looks weak for the Agri sector as fall in International markets across most sectors are likely to pressurize Indian market sentiments also. Short term trend looks slight weak for the time being even as traders expect the trading activities to pick up in coming weeks.
Economic
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Interest Rate Cut Bets May Be off if Government
Interest rate cut bets may be off if government dithers on deficit https://t.co/BmI5alNHIe pic.twitter.com/brVAt2KVuY — EconomicTimes (@EconomicTimes) January 6, 2016
Rupee Bonds Cheaper Than Loans
Gold Silver Reports >>> Rupee bond issuance will probably rise to a record this year as notes offer companies savings of as much as 1 percentage point over loans.
Offerings will range between 4 trillion rupees ($60 billion) and 4.5 trillion rupees in 2016, according to nine of 20 bankers surveyed by Bloomberg. Six respondents predicted even higher sales and five forecast lower. ONGC Mangalore Petrochemicals Ltd., a project by India’s biggest energy explorer, is planning a debut sale, while mortgage lender Housing Development Finance Corp. is looking to raise at least 5 billion rupees.
2016 Rate Path to Inflation Projections: FOMC Minutes
Gold Silver Reports – Here’s what to look for when the Federal Reserve releases minutes from the Federal Open Market Committee’s Dec. 15-16 policy-setting meeting at 2 p.m. Wednesday in Washington.
Year New But Problems Old
Gold Silver Reports – Stocks around the world plunged on the first trading day of 2016, with the Dow diving 470 points in intraday trading before moderating its losses amid fresh signs of slowing growth in China, the world’s second-biggest economy. All three major indexes got spanked as the chart above shows.
2016’s rocky beginning came as many of the same worries that held stocks back last year reappeared, prompting investors to sell equities and reduce risk.