INDIAN ECONOMY IS EXPECTED TO GROW IN 2019

World Bank is expecting a rise in India’s GDP in the fiscal year 2019-20. With improved performance in export and consumption expenditure the GDP can accelerate to 7.5% from 7.2% in the year 2018-19

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GOLD SHOWED AN UPTREND IN FUTURES TRADE

After heavy decline from few days Gold showed a rise today and is trading with heavy gains in futures market on Monday.

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FUTURE PREDICTIONS OF GOLD AND SILVER IN COMMODITY MARKET

On Friday Gold rose by Rs 122 and stood at Rs 32,056 per 10 gram. Traders widened their bets for their metal overseas. In the Multi Commodity Exchange, gold showed growth of 0.38%. With raising bets by traders at current levels, gold prices will likely to push in the futures trade. According to the assumption,…

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MEETING WITH ECB CAN SHOW A POSITIVE SIGN ON GOLD PRICES

Gold prices on Thursday are constant as dollar is traded more than it two week high and lack luster offered support to the precious metal in the policy meeting of European Central Bank. Spot gold down at 0.1 percent per ounce and stood at $1284.59 where as the bullion rose to 0.1% and stood at…

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LOW UNEMPLOYMENT RATE,SIGN OF GOOD POTENTIAL GROWTH IN INDIAN STOCK MARKET

 According to Fed, it’s going to focus on the totality of data in the coming few months before making a sure end decision on the next policy. This employment report, which is going to release tomorrow Friday will have much impact on monetary policy of United States. The unemployment rate of the country climbed to…

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Current economy status

Now when the United States and China are close to strike their tariff deal to end their trade war, the Dollar elevated on Monday. It is expected that United States would lift most or all of its tariffs on China. A summit between presidents of both countries is expected to happen this month. Trump has…

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GAP WILL SPLIT INTO TWO COMPANIES

Gap inc. gave a news on Thursday which helped it surged shares to more than 20 percent that it is going to split into two independent publicly traded companies. One of them comprised of its Old Navy brand and the second company includes its other brands like Banana Republic and Athleta.Gap said that its new…

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DOES INDIAN STOCK MARKET BEAR HEAVY CONSEQUENCES OF INDIA-PAKISTAN TENSION?

Pakistani fighter jets irrupted into Indian boundaries and targeting military escalations. In this one Pakistani aircraft was shot down by India’s MIG-21 Bison. Indian Airforce reacted to this and conducted airstrikes on terrorist camps inside Pakistan and succeeded but lost one Mig-21 fighter jet, there was a report of one pilot being missing. In yesterday’s…

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GOLD ROSE AFTER THE ANNOUNCEMENT BUT SHOWED A DECLINE AGAIN

There was an announcement by U.S. President Donald Trump on delay to an increase in tariffs on Chinese goods in U.S.A. The stock market showed a slight change both in positive and negative aspects. While some companies showed a rise in their stocks, many showed a decline in their prices. Gold also showed a rise…

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Mixed Reaction on Asian Stock Markets after Donald Trump’s delay in tariff announcement

Some of the markets are having early gains on Monday while there is an overall mixed reaction on Asian Stock markets when U.S. President Donald Trump announced that he will delay the deadline to 1 March on additional tariffs on Chinese goods. Some oversees market including Australia which is rising to a high of 6,189.60…

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