Investors are now focusing on upcoming PMI data, which shows how well businesses in the US and Europe are doing. The US PMI numbers, expected soon, will give clues about the health of the economy. If the data is weaker than expected, it could signal trouble for the US economy, pushing the Federal Reserve to cut interest rates. Lower interest rates typically weaken the dollar further and make gold more appealing.
Fiscal Deficit
US Credit Rating Downgraded: What It Means for Debt and Gold Prices
Moody’s downgraded the US credit rating due to a $36 trillion debt. Learn how this affects Treasury bonds, gold prices, and the economy.
इस बजट 2024 से बाजार को क्या उम्मीदें हैं?
Budget 2024 expectations: चुनाव नतीजों के बाद तेज उछाल के बाद घरेलू शेयर बाजारों के उच्च रेंज में समेकित होने की उम्मीद है। बाजार की चाल Q1FY25 आय और व्यापक आर्थिक कारकों से भी प्रभावित होगी, जिसमें आगामी मुद्रास्फीति डेटा और बजट के साथ-साथ अमेरिकी चुनाव भी शामिल हैं।
Customs Duty Hiked On Mobile Phone Parts And Other Communication Items
The Indian government has raised the basic customs duty on a number of items used in electronic and mobile communications in a move aimed at narrowing down the current account deficit.
India Likely to Meet Fiscal Deficit Target of 3.3%: Moody’s
Gold Silver Reports (GSR) – India Likely to Meet Fiscal Deficit Target of 3.3%: Moody’s — Rating agency Moody’s said on Thursday that it expects India to meet its fiscal deficit target of 3.3% of GDP for FY19, on the back of commitment to fiscal consolidation and attainable budgetary targets.