Gold Silver Reports – Asian Stocks Mixed; Dollar Drops to Three-Year Low – The rally in Asian stocks stalled Wednesday even after U.S. stocks rose for a third day. The yen strengthened as the dollar resumed its decline.
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Long Volatility on U.S. Stocks Before Their Earnings Reports
Gold Silver Reports – Keep a bias toward long volatility on U.S. stocks before their earnings reports, JPMorgan Chase & Co says.
The options market is expecting earnings-related volatility to be roughly in line with the historical average, but a larger-than-normal risypremium is justified by “the important and idiosyncratic tax reform data point accompanying companies’ earnings reports,” JPMorgan strategists Shawn Quigg, Marko Kolanovic and Bram Kaplan wrote in a report.
Why the Stock Wobble Isn’t Helping Gold
Gold Silver Reports – Why the Stock Wobble Isn’t Helping Gold – Falling stock prices and geopolitical risks haven’t done much to support gold amid expectations of tighter U.S. monetary policy.
Sluggish Economy Forces L&T to Dim FY18 order Flow Guidance
Gold Silver Reports – In anticipation of strong results for the September quarter, Larsen and Toubro Ltd’s (L&T’s) stock closed 4% higher on Friday. The Street was not wrong, and the diversified conglomerate’s operating performance easily beat estimates.
Have Small Savings Lost out to Equities?
Gold Silver Reports — Have Small Savings Lost out to Equities? – LURE OF STOCK Growth in government savings schemes is timid as there has been a clear shift towards the equity markets, say analysts