China: Cutting our GDP forecast – Gold Silver Reports

A race between government stimulus and damages from trade war

China’s overall economic performance in terms of GDP depends on whether fiscal stimulus and monetary easing are big enough and happening fast enough to offset the negative impact on exports and related manufacturing activity from the ongoing trade war. 

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PNB, other PSBs May Get ₹ 8,000 Crore Lifeline

PNB Q3 Results

Gold Silver Reports (GSR) – India’s 3rd-largest state-run lender will issue preferential shares to the government, the people said, asking not to be named as the information isn’t public. This will help restore capital to the level needed to pay the coupon that’s due July 25, they said.                    

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Investors Agree With Trump: Any Trade War

China to shut its consulate in Houston within 72 hours

Gold Silver Reports (GSR) – That’s the early view from financial markets as the tariff dust-up between China and the U.S. shows increasing signs of impacting stock prices. While broad measures of American equities have held up better than their Chinese counterparts, striation within the U.S. market shows investors anticipate steep losses in some stalwart names.

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