Gold Silver Reports ~ After Yellen Reports, Gold Near 8 Month High on Wednesday after U.S. Federal Reserve Chair Janet Yellen said that only “gradual” adjustments to monetary policy were likely and stressed that global headwinds could hurt U.S. growth.
World Market
Janet Yellen; Fed Rate Hikes In Congress
Gold Silver Reports ~ Federal Reserve Chair Yellen will defend the U.S. central bank’s 1st rate hike in a decade and likely insist that further rises this year remain on track, albeit at a slower pace, when she addresses Congress on Wednesday.
Small Business Compensation
Small Business Compensation
Global Crude Oil Demand Growth is Likely to Ease Back
Gold Silver Reports ~ Global oil demand growth is likely to ease back considerably to 1.2 mb/d in 2016 due to notable slowdowns in Europe, China and the United States, according to the newly released IEA Oil Market Report (OMR) for February.
Are US Banks Well Capitalized?
Gold Silver Reports ~ The US economy has been growing at 2 percent real and perhaps 2.9 percent nominal for the past several years, said Bill Gross, portfolio manager at Janus Capital Group.
India Gold Discounts, Lunar New Year Biggest Festive Season
Gold Silver Reports ~ Physical gold demand in China was slow this week in the run-up to the Lunar New Year holiday, its biggest festive season, while Indian sellers increased discounts amid weak appetite for the metal.
U.S. Stocks Earnings, Crude Lifts Energy
Neal Bhai Reports ~ U.S. stocks advanced, with energy shares leading a rebound sparked by rising crude-oil prices, as investors weighed corporate earnings and prospects for global growth.