“The dollar has just surrendered some gains, broadly speaking, after its outperformance, ahead of critical jobs data tomorrow,” said Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington.
Investors
Bad News For Derivative Investors – Gold Silver Reports
Investors taking physical delivery of securities to settle derivative contracts will have to pay a tenfold higher transaction tax than those who settle in cash.
That’s because the taxman clarified to the Bombay High Court that the same securities transaction tax rate will apply to physical settlement in derivatives and equity segments. For taking delivery of shares, investors will now pay Rs 10,000 for every Rs 1 crore of transaction value, compared with Rs 1,000 earlier.
Trump’s Turned Asia Junk Investors Into Nervous Nellies
Gold Silver Reports – Then there’s the collateral damage of his greenbackboosting, late-cycle fiscal stimulus, which is making investors worried about Asian currency weakness. Indonesian notes are swimming in a sea of red ink. PT Lippo Karawaci bonds have cratered of late. Moody’s Investors Service named …
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.
Investors Agree With Trump: Any Trade War
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.
Uncertainty Gives Investors A Chance To Review Portfolio
Gold Silver Reports (GSR) – Uncertainty Gives Investors A Chance To Review Portfolio — Veteran asset manager Kenneth Andrade expects the biggest shift in the Indian stock market to be from euphoria to uncertainty as Asia’s third-largest economy stares at a challenging 12 months amid rising inflation and crude oil prices. And navigating uncertainty could be challenging for an investor. That, according to the founder and chief investment officer of Old Bridge Capital Management, is an opportunity to review portfolios.
Base Metals Prices Broadly Down, Aluminium Runs into Profit-Taking; LIVE FUTURES REPORT
Gold Silver Reports (GSR) – Base Metals Prices Broadly Down, Aluminium Runs into Profit-Taking; LIVE FUTURES REPORT — The most-traded June aluminum contract on the SHFE traded at 14,850 yuan ($2,363) per tonne as of 11.30am Shanghai time, down by 70 yuan per tonne from Tuesday’s close.
How Investors Can Manage India’s 2019 Election Risk
Gold Silver Reports (GSR) – How Investors Can Manage India’s 2019 Election Risk – “Since 1991, every election has been preceded by a coalition government; hence, the market has had room to be hopeful of a stronger government,” Morgan Stanley said. “It enters the 2019 polls with a majority government already at the helm. So, it has to deal with the prospects of a weaker government at the centre.”
Crude Oil Investors Rally Behind the Rally With Record Bets on Rise
Gold Silver Reports (GSR) – Their bets that Brent crude futures will climb reached a new high as growing tensions across the Middle East are putting almost half of the world’s supply at risk. The escalation of strife in the region sent the key crude benchmark to its highest in more than three years, while volatility surged.
Nervous’ Investors Pile Into Gold ETFs
Gold Silver Reports (GSR) – Nervous’ Investors Pile Into Gold ETFs — Holdings in all bullion-backed exchange-traded funds tracked by Bloomberg extended their ascent to the highest since 2013, rising for a fourth straight session in the longest run since January. Xetra-Gold, the third-largest commodity-linked ETF, had almost 177 million shares outstanding as of Monday, the most since the Frankfurt-listed fund started trading in 2007.