Gold Silver Reports — How Markets Are Reacting to the Fed Policy Meeting | The Federal Reserve wrapped up a two-day meeting today by finally giving a timetable for when policy makers will start shrinking its $4.5 trillion stockpile of assets and reiterating that it anticipates one more interest-rate increase this year.
Gold Silver Reports — Yellen and Draghi Both Defend Post-Crisis Financial Regulation — The world’s two most powerful central bankers on Friday delivered back-to-back warnings against dismantling tough post-crisis financial rules that the Trump administration blames for stifling U.S. growth.
India’s Prime Minister Narendra Modi warned countrymen against taking the law into their own hands in the name of religion, political ideology, faith of a person or culture.
Money Market Guru — India’s largest digital-payments company, Paytm, is seeking a license to set up a money market fund where users can store cash and earn interest, in competition with the country’s banks, according to a person familiar with the matter.
Money Market Guru — After reporting sharp increases in new orders for US manufactured goods in the two previous months, the Commerce Department released a report on Tuesday showing that factory orders saw further upside.
Money Market Guru — German consumer price inflation eased to 1.6 percent in March from a 54-month high of 2.2 percent in February, preliminary figures from Destatis showed Thursday. Prices were expected to climb 1.8 percent. The March inflation was the weakest since November 2016. The harmonized index of consumer prices, or HICP, advanced 1.5 percent year-on-year in March, slower than the 2.2 percent increase in February and the expected 1.9 percent growth.
Money Market Guru — US Pending Home Sales Surge In February — US pending sales rebounded by much more than expected in the month of February, after reporting a steep drop in the previous month, the National Association of Realtors showed on Wednesday.