Asian Stocks Edge Lower After U.S. Rally Ebbs

Gold Silver Reports (GSR) – Asian Stocks Edge Lower After U.S. Rally Ebbs — Indexes fell in Japan, Australia and South Korea in a muted start to Tuesday trading. Despite gains in technology stocks driving U.S. equities higher on Monday, the S&P 500 Index erased about two-thirds of its advance amid news the FBI conducted a raid at the office of President Donald Trump’s longtime lawyer, Michael Cohen. Treasuries pared losses and oil rebounded from the declines on Friday.                                  

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Commodity Traders Stop Buying From Rusal After Sanctions

Gold Silver Reports (GSR) – Trading houses have been advised by their banks and lawyers that they can’t continue trading with the Russian company, according to executives at five companies that regularly buy from Rusal, who spoke under condition of anonymity due to the sensitivity of the discussions.

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What to Watch in Commodities: Aluminum, Trump Vs Xi, Copper, Soy

Gold Silver Reports (GSR) – What to Watch in Commodities: Aluminum, Trump Vs Xi, Copper, Soy — On top of that, there are two gatherings that’ll shape the big-picture agenda. In Asia, China’s leadership, including President Xi Jinping, will deliver their take from the Boao Forum for Asia. And in Peru, heads of state from across the Americas will gather in Lima for a summit that may provide a backdrop for a breakthrough on fraught Nafta talks between the U.S., Mexico and Canada.                   

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MCX Gold Prices Ready for Blast Above @30533 Buy on Dips

Gold Silver Reports (GSR) – MCX Gold Prices Ready for Blast Above @30533 Buy on Dips — MCX Gold Prices settled up 0.48% @30670 as Wall Street stocks tumbled and the dollar fell as rhetoric from U.S. President Donald Trump and Chinese officials fed worries about a possible trade war, and after U.S. jobs data came in weaker than expected.

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