इस सप्ताह सभी की निगाहें वायोमिंग के पहाड़ों पर होंगी, जहां फेडरल रिजर्व (Federal Reserve) की जैक्सन होल संगोष्ठी होगी, यह हर साल नोबेल पुरस्कार विजेता अर्थशास्त्री को काउबॉय हैट में देखने का सबसे अच्छा मौका है।
JAPAN
The World’s Largest Trade Deal Could be Signed in 2020
After more than six years of negotiations, more than a dozen countries in Asia Pacific are now aiming to sign what would be the world’s largest trade agreement in 2020.
Trump – Attack Via Tweets Comes Week Before Fed Meets on Policy
Gold Silver Reports (GSR) – “The Fed interest rate way too high, added to ridiculous quantitative tightening! They don’t have a clue!” Trump said on Twitter, renewing his complaints about the U.S. central bank a week before it meets in Washington to discuss monetary policy.
Gold Comex Holds Steady Above Two-week Low After Fed Minutes
Gold Silver Reports (GSR) – The minutes from U.S. Fed’s last meeting showed policymakers agreed that their current patient approach to setting monetary policy could remain in place “for some time.”
Asia Gold-India, Singapore Buyers Cash in on Slight Price Correction
Gold Silver Reports (GSR) – Physical gold market demand in Japan slackened this week as prices rallied, while a market correction towards the latter half of the week lured some buyers back in India and Singapore.
Crude Prices up 1 Percent on Supply Report
International Brent crude oil futures were up 67 cents, or 1.1 percent, at $62.17 a barrel by 1230 GMT. U.S. West Texas Intermediate (WTI) crude futures rose by 51 cents, or nearly 1 percent, to $53.52.
Spot Gold Technical Report – Break Support $1280 – Neal Bhai
Gold Silver Reports (GSR) – Also supporting gold was a prolonged partial U.S. government shutdown and expectations that the Federal Reserve will hold its multi-year rate hike cycle, analysts said.
BREXIT PLANS IN 2019
The dollar held at a near three-week high as investors sought the relative safety of the U.S. currency.
Dollar Pressured as Fed Officials Caution about Global Growth, Yen Firms
Gold Silver Reports (GSR) – The U.S. currency has enjoyed a strong run this year thanks to the Fed’s steady policy tightening on the back of a robust economy and rising wage pressures. A fourth rate hike for this year is expected next month and policy makers had indicated two more by June 2019.