The equities rally followed a US-China trade deal at the G20 summit in Argentina calling for a 90-day trade tariff truce. Oil prices jumped nearly 4%.
US President Donald Trump
MCX Zinc Magical Level ₹ 198, Below What You Think ₹ 174??? or Reversal
MCX Zinc Magical Level ₹ 198, Below What You Think ₹ 174??? or Reversal
Technical Power of CFA’s
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Gold Prices Climb as Dollar Weakens on EU-US Trade Woes
Gold Silver Reports (GSR) – Gold prices edged up on Monday as a buoyant euro kept the dollar off its 11-month highs, with trade issues between the United States and the European Union further supporting the bullion.
Economists write letter to the wrong address
Gold Silver Reports (GSR) – Economists write letter to the wrong address – As of last count, 1,157 economists had sent a letter to US President Donald Trump warning him not to repeat the mistake of the Smoot-Hawley Tariff Act of the 1930s. The one-page letter was a copy-and-paste job from the letter that economists sent to the then president in 1930 because the fundamental principle, according to them, has remained unchanged since then.