Known as Sofaz, the fund is looking to almost double its holdings of the precious metal in 2019 to 100 tons after resuming purchases in 2018 following a five-year break.
Bonds
Brexit vote: EU President Says UK Remaining is only option ‘if a Deal is Impossible, and No one wants No Deal’
The president of the European Council has dared British politicians to back remaining in the EU after Theresa May’s Brexit deal was voted down by the House of Commons by a historic margin of failure.
If Fed’s ‘50 B’s’ Are Wrong Now, Then When Is Right?
In between tweets about Michael Flynn’s court appearance and Twitter making it hard for him to accumulate followers, President Donald Trump on Tuesday made an eye-catching remark about monetary policy: “Stop with the 50 B’s,” he told the Federal Reserve.
Bonds Face Barrier in India as Banks Sell Into Every Rally
Public-sector banks have cut holdings by a net 290 billion rupees ($4 billion) this quarter, even as sovereign bonds are poised for their first quarterly advance in more than a year.
Forex Upate : USD-INR Next Target $78 Need Pateince – Neal Bhai Reports
Forex Upate : USD-INR Next Target $78 Need Pateince – Neal Bhai Reports
Remember My Ultimate Target USD/INR Target $74 Almost Hit. I Told you Above 71.15 Ultimate Target 74$ Boom Boom
Bonds Poised To Fall On Surge In Oil Prices
Gold Silver Reports (GSR) – Bonds Poised To Fall On Surge In Oil Prices – Indian bonds are poised to fall as a surge in global crude oil prices spurs concern that inflation will accelerate………. Crude Oil prices jumped on Tuesday as the U.S. pressed allies to end all imports of Iranian oil by a November deadline and said it didn’t want to offer any extensions. The 10-year bond yield climbed for a third day yesterday, rising 1 basis point to 7.83 percent……….
Bonds Headed For Best Week In 11
Gold Silver Reports (GSR) – Bonds Headed For Best Week In 11 — Indian sovereign bonds are headed for their best week in 11 helped by the central bank’s open market operation and the minutes of its last meeting which signaled that future rate hikes will be data dependent.
Indian Bonds are Likely to Consolidate After Posting Strong Gains
Gold Silver Reports (GSR) – Indian bonds are likely to consolidate after posting strong gains on Tuesday. Bonds rallied after the central bank allowed lenders to spread their bond-trading losses, incurred in the past six months, over four quarters.
Indian Equity Benchmarks, Bonds and Rupee
Indian equity benchmarks, bonds and rupee rose after the government decided to cut its first half market borrowing to 48 percent of its annual borrowing plan.
The S&P BSE Sensex rose 0.4 percent or 130 points to 33,196 and the NSE nifty 50 index advanced 0.4 percent or 45 points to 10,175.