Gold Silver Reports (GSR) – The Federal Reserve may change decades-old rules that require banks to lend to low-income borrowers as part of a broader effort to revise a range of banking regulations, the U.S. central bank’s head of regulation and supervision said on Monday.
Economic
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Asia Stocks Signal More Losses Amid Trade Tensions
Gold Silver Reports (GSR) – The sell-off that sent global markets into a tailspin last week stretched into Monday, with stock futures in Asia signaling further declines amid concern that global growth may be hurt by American protectionist policies. U.S. equity futures offered some hope of stabilization.
India’s Current Account Gap Widens as Trade Blowout Hits
Gold Silver Reports – India’s current account deficit widened from last quarter, with potential to hurt the rupee before an expected rise in interest rates by the U.S. Federal Reserve next week.
Stocks Slump as Traders Await Next Week’s Fed Move
Gold Silver Reports (GSR) INDIA – Stocks Slump as Traders Await Next Week’s Fed Move — U.S. stocks fell for the third straight day after lackluster retail sales figures fanned concern that consumer spending is cooling, while traders awaited next week’s rate decision by the Federal Reserve. Ten-year Treasury yields tightened.
India Economy Continues To Rebound :Q3 GDP Data
Gold Silver Reports – India Economy Continues To Rebound :Q3 GDP Data — India’s economy picked up pace in the October-December period as it continues to recover from the twin disruptions of demonetisation and a nationwide goods and services tax.