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[Reuters] Wall Street higher on hopes of accommodative Fed [Reuters] ‘Super Mario’ shock: euro slides, yields hit new lows [CNBC] Global bond yields are cratering with French bond rates now at zero and the US 10-year back to 2.03% [CNBC] 10-year yield drops to 2.03% ahead of Fed rate decision, lowest since Sept. 2017 [Reuters] […]
[Reuters] Stocks, dollar hold gains with all eyes on Fed meeting [Reuters] Oil prices fall 1% as economic worries outweigh tanker tensions [CNBC] Trump ‘perfectly happy’ to slap further tariffs on China if no deal is reached, Wilbur Ross says [Reuters] Fed likely to resist pressure to cut U.S. rates this week [Reuters] Deutsche Bank […]
[Reuters] China prepared for long trade fight with the U.S.: party journal [MarketWatch] Five things to watch in the pivotal Fed meeting [Reuters] Chinese regulators will restructure Baoshang Bank as soon as possible [Reuters] India to impose retaliatory tariffs on 28 U.S. goods from Sunday [Reuters] ‘Sea of black’ Hong Kong protesters demand leader step […]
[CNBC] The Fed won’t cut rates at its June meeting. Here’s why [Reuters] Bowing to pressure, Hong Kong leader suspends extradition bill [Reuters] Breakingviews – Beijing yields to Hong Kong’s financial clout [Reuters] Trump says ‘Iran did do it,’ as U.S. seeks support on Gulf oil tanker attacks [Reuters] Moody’s downgrades Turkey rating to B1, […]
Total Non-Financial Debt (NFD) expanded (nominal) $721 billion (strongest growth since Q2 ’18) during the quarter to a record $52.579 TN. NFD expanded $2.504 TN, or 5.0%, year-on-year. For perspective, annual NFD growth averaged $1.602 TN over the decade 2008-2017. NFD expanded $2.432 TN in 2006 and $2.478 TN in 2007. NFD has now expanded […]
Weekly Hard Asset Insights By David McAlvany It has been a dichotomous environment for hard assets securities. On one hand, because of the toll that the threat of escalating tariff wars has taken on the broader markets recently as well as declining interest rates, defensive stocks, such as specialty real estate and infrastructure in many […]
[Reuters] China data, Gulf tensions see bond yields slip, stocks suffer [FXStreet] Poor Chinese data sends Gold to 14-month high [Reuters] Oil set for weekly loss as demand fears outweigh geopolitics [Reuters] U.S. retail sales rise in May; April revised higher [Reuters] China’s May industrial output growth cools to 17-year low as trade war escalates […]
This week we review the price movements of gold, silver, platinum, The US Dollar Index, & more. We look ahead at the possible direction and levels the gold price in 2019 could hit. We’ll then look at the silver price in 2019 alongside platinum prices. Thank you for listening to Golden Rule Radio if you […]
