Commodity Trade Mantra

Posts Tagged ‘Inflation Outlook’

Latest Currency War Entrant: India Warns May Retaliate To Chinese Devaluation

RBI governor Raghuram Rajan: “We will have no hesitation in using our reserves when appropriate to reduce volatility in the rupee.” Economic realities are economic realities and a currency war is a currency war, which is why, we suppose, the Indian government’s chief economic advisor Arvind Subramanian thinks the country might just have to hit back.

Gold Surges After Goldman Says It Is Time To "Put Rate Hikes On Hold For Now"

The reason why gold is surging off the bat, the main reason cited by trading desks is what Goldman announced late on Friday. Goldman’s economic team strong hint to the Federal Reserve, “We do not have much confidence in the inflation outlook & believe that the right policy would be to put hikes on hold for now.”

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