RBI Policy Interest Rate Unchanged – Raghuram Rajan

RBI Policy Interest Rate Unchanged - Raghuram Rajan

Gold Silver Reports — RBI kept its policy interest rate unchanged at a five-year low of 6.50 percent on Tuesday, while cautiously signalling it could cut later this year if monsoon rains, and other factors, dampen upward pressure on food prices.

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Oil Rose After an Unexpected Drop in Inventories

Gold Silver Reports – U.S. stocks tumbled following their biggest gain in two months, as disappointing results from Walt Disney Co. to Macy’s Inc. raised doubts about the strength of the American consumer. Oil rose after an unexpected drop in inventories, while the dollar fell.

The S&P 500 Index retreated for the first time in four days, while the Dow Jones Industrial Average erased all but five points of its Tuesday advance. Retailers led declines as Disney sank the most since January and Macy’s led a selloff in apparel shares. Energy producers rallied as U.S. oil surged past $46 a barrel. Industrial metals also climbed as Glencore Plc forecast demand will exceed supply. Brazilian shares fell, while the real climbed as the Senate geared up for a vote that could oust the president.

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Stocks Little Up as Commodities Drop

Stocks Little Up as Commodities Drop

Gold Silver Reports — U.S. stocks meandered, with the Dow Jones Industrial Average ticking up to its highest level since July as global equities capped a fifth straight advance on gains in Europe and Asia.

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India’s Sensex Completes Longest Run, Stocks 10 Week High

gsr-BSE-Sensex-neal-bhai-reports

Gold Silver Reports ~ Indian stocks advanced to a 10-week high, with the benchmark gauge capping a 3rd week of gain, as risk appetite returned to developing markets after global central banks indicated a willingness to continue measures to support growth and stabilize markets.

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Asian Shares Slip to Cautiou After U.S. Data, G20

Asian Shares Slip to Cautiou After U.S. Data, G20

Gold Silver Reports – Asian stocks were off to a cautious start on Monday after a weekend meeting of the Group of 20 economic policymakers ended with no new coordinated action to spur global growth and as solid U.S. data revived expectation of a U.S. rate hike before year-end.

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Sensex Set for Weekly Decline

Sensex Set for Weekly Decline

Gold Silver Reports ~ Indian equity-index futures advanced, with the benchmark stock gauge heading for its third weekly loss in four weeks before the federal budget on Monday.

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Asian Stocks Up on Commodity Recover

Asian Stocks Up on Commodity Recover

Gold Silver Reports → Asian shares rose to a seven-week high on Tuesday as investors took heart from signs of life in battered energy and commodity markets while European currencies are hampered by worries Britain could exit the European Union.  

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