Negotiations between the U.S. and China appear to have stalled as both sides dig in after disagreements earlier this month.
Wall Street
Washington and Beijing Are Near Deal That Could End Most U.S. Tariffs on China
The U.S. and China are close to a trade deal that could lift most or all U.S. tariffs as long as Beijing follows through on pledges ranging from better protecting intellectual-property rights to buying a significant amount of American products, two people familiar with the discussions said.
Fed Hikes Rate, Lowers 2019 Projection to 2 Increases
Gold Silve Reports (GSR) – As markets had expected, the central bank took the target range for its benchmark funds rate to 2.25 percent to 2.5 percent.
Federal Reserve will Meet this Week to Talk Monetary Policy
Gold Silver Reports (GSR ) – That has drawn the ire of major critic Dr. Ron Paul, former Texas congressman and advocate of smaller government, free trade and freer markets.
Brexit vote: EU President Says UK Remaining is only option ‘if a Deal is Impossible, and No one wants No Deal’
The president of the European Council has dared British politicians to back remaining in the EU after Theresa May’s Brexit deal was voted down by the House of Commons by a historic margin of failure.
Breaking News – Import Duty On Gold May Be Cut 4% from the Current 10%
Gold Silver Reports (GSR) – “We are pushing for it (gold policy) as we need an integrated policy. In the next few days, we will have a meeting of all concerned people to frame the policy on an expeditious basis. We are looking at all elements of gold in the policy,”.
Gold Prices Steady as Economic Worries Support, Gains in Equities Drag
Gold Silver Reports (GSR) – Gold prices were steady near six-month highs on Friday, supported by worries over economic growth but pressured by gains in global equity markets.