Gold Silver Reports — 10-Year Bond yield hits over 14-week high, rupee strengthens slightly against US dollar — India’s 10 year-bond yield on Wednesday hit over 14-week high after consumer price inflation accelerated for the second consecutive month, while the rupee strengthened marginally against the US dollar tracking gains in its Asian peers.
Currencies
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ECB Monetary Policy Update — 28 April 2017
ECB drops zero hints on exiting the quantitative easing program
In the recent policy meeting dated 27th April 2017, the European Central Bank left its ultra-easy policy stance in place. The key interest rates were kept unchanged at “0 percent” and the monthly asset purchases were to be done at €60 billion till the end of December’17 or beyond until the ECB achieves it’s 2 percent inflation target.
Janet Yellen Speaks and Any Hint That Interest-Rate
Gold Silver Reports — The dollar’s best month in more than a year faces one last barrier: Janet Yellen speaks on Friday and any hint that interest-rate hikes will be delayed could spur a reversal for the greenback.