Goldman Neal Bhai Reports – All You Need To Know Going Into Trade On Feb. 23, 2018 — Asian stocks look set to close out a lackluster week on a positive note on Friday as investors continue to debate the outlook for central bank policy normalisation and the impact of higher bond yields.
Gold MCX No Buying At All Sell on Rise Support Key 30338
Gold Silver Reports – Gold MCX No Buying At All Sell on Rise Support Key 30338 — Technically Gold market is under long liquidation as market has witnessed drop in open interest by -5.83% to settled at 7370 while prices down 210 rupees.
Dollar Rebounds Awaiting Fed Minutes – Goldman Neal Bhai Reports INDIA
The USD rebounded against on Tuesday with North American markets coming out of a long weekend. The correlation between rising US bond yields and currency strength had broken down this year, but it now back on track with the 10 year Treasury note hitting a 10 year high driven by higher inflation expectations. The Fed has been divided internally on how to proceed in a slow inflation environment, but if prices suddenly accelerate there will not be need for debate with a higher pace of interest rate moves expected from the central bank.
London Metal Exchange Copper Eased
Gold Silver Reports – London Metal Exchange Copper Eased — London copper drifted lower on Tuesday as a firm dollar dictated direction in a thinly traded market, with holidays in top metals user China.
Israel to Export Natural Gas to Egypt in $15 Billion Deal
Gold Silver Reports – Israel to Export Natural Gas to Egypt in $15 Billion Deal — The lead partners in Israel’s largest gas fields said they signed a $15 billion export deal with Egypt, adding an economic dimension to what until now has been a security-focused relationship between former regional rivals.