Gold Silver Reports (GSR) – Bullion could top $1,400 an ounce in 2018 as escalating trade tensions drive investors to havens and the threedecade bull market in bonds nears an end, said Rule, who’s due to speak at a conference in Hong Kong on Wednesday. Spot gold traded at $1,337.50 Tuesday after three straight quarters of gains, while exchangetraded fund-holdings are around the highest in half a decade.
Trade War
Executives Voice Trade War Concerns at China Forum
Gold Silver Reports (GSR) – Global economists and executives from Apple Inc.’s Tim Cook to BlackRock Inc.’s Larry Fink gathered in Beijing this weekend against the backdrop a brewing trade war, after U.S. President Donald Trump slapped tariffs on Chinese goods affecting more than $50 billion worth of products.
Trade War Pain for Asian Currencies to Shine Light on Deficits
Gold Silver Reports – Trade War Pain for Asian Currencies to Shine Light on Deficits – The current-account deficit is making a comeback as a reason to sell some Asian currencies, according to Credit Suisse Group AG.
U.S. Stocks End Mixed as Trade War Concerns Ease
Gold Silver Reports (GSR) – U.S. stocks erased deep losses to end the day mixed as White House officials left open the possibility that President Donald Trump’s tariffproposals will spare neighbors from the most severe penalties. The dollar and Treasuries erased gains.
Trade War: U.S. Metal Tariffs’ Impact On India
India ranks ninth on the list of trading partners that run a trade surplus with the U.S.— it exports more to the U.S. than what it imports. China, Mexico and Japan lead the list and even Vietnam runs a higher surplus against the U.S. than India does, according to U.S. government data.
Stocks Leap as Investors Question Whether Trump will Really Risk a Trade War
Gold Silver Reports – Stocks shook off morning losses Monday and surged, sending the Standard & Poor’s 500 index to its best day in a week. It’s the latest turn for a market-suddenly prone to quick shifts not only day-to-day but also hour-to-hour, as investors question whether President Trump will really risk a trade war.
ट्रेड वॉर के डर से सोने की कीमतों में तेजी
Gold Silver Reports – ट्रेड वॉर के डर से सोने की कीमतों में तेजी देखने को मिल रही है। वहीं कच्चा तेल भी बढ़त पर कारोबार कर रहा है। डॉनल्ड ट्रंप ने ट्वीट कर कहा है कि हम स्टील पर 25 फीसदी और एल्युमिनियम पर 10 फीसदी इंपोर्ट ड्यूटी लगाएंगे।
Ross Declares Trade War Under Way in Rhetorical Split With Trump
Gold Silver Reports – Ross Declares Trade War Under Way in Rhetorical Split With Trump – Trade wars “are fought every single day,” and the U.S. has been engaged in one “for quite a little while,” Commerce Secretary Wilbur Ross said in comments that diverge from President Donald Trump.