After one more interest rate cut, the Federal Reserve will be finished cutting rates, according to Goldman Sachs. The firm gives an 80% probability of another rate cut this year to wrap up the Fed’s easing cycle.
Live News
Get real-time live news on stocks, commodities, economy, and global financial markets. Stay ahead with instant updates and expert insights. – Gold Silver Reports (GSR)
ECB Press Conference Outlook & Report on Thursday, 12 September 2019
Mario Draghi faces one of the most contentious policy meetings of his European Central Bank presidency on Thursday as he prepares to ramp up monetary stimulus again despite skepticism from the euro area’s biggest economies.
Gold Boom Higher on Lackluster Non-Farm Payrolls Data – Gold Silver Reports
The increase in new jobs for July was downwardly revised to 159,000 from 164,000 and June’s figure was cut to 178,000 from 193,000. Average hourly earnings was a bright spot, rising by 0.4% in August and 3.2% over the year, beating expectations. The market reacted to the jobs data with a sharp rally in gold and the US dollar weakening against its major counterparts.
Independence Day 2019 : Mera Bharat Mahan, भारत के राष्ट्रीय ध्वज को फहराने के कुछ नियम हैं?
स्वतंत्रता दिवस (Independence Day) का जश्न पूरे देश में 15 अगस्त (15 August) को मनाया जाता है. भारत इस बार 73वां स्वतंत्रता दिवस (Independence Day 2019) मनाएगा. 15 अगस्त 1947 को अंग्रेजों के शासन से आजादी मिलने के बाद से ही 15 अगस्त का लोगों के बीच खास महत्व है.
US-China Trade Woes to Keep The Upside Limited – Gold Silver Reports
The black gold attempted a comeback on Tuesday, as markets resorted to profit-taking on their short positions after three back-to-back days of losses. Further, a dramatic turnaround in the risk sentiment, induced by the Yuan recovery, also helped the higher-yielding oil to recover losses.