#Gold_price on the last working day, Friday 23rd August, increased 28.90$ to 1526.96$ per ounce which is the highest level since 13th August. On August 13 gold price touched a new record and reached the highest level in last six years, developing to 1534.31$ per Ounce. The 2% increase of #gold on Friday 23rd August…
us economy
Trade War Threatens China’s Growth
According to International Monetary Fund, #China ’s growth is threatened by trade war. IMF is urging 2 largest economies of the world to resolve the escalating war in a fair and quick way. CNBC reported a recent report published by the IMF executive board recommends “comprehensive” agreement on trade that avoids “undermining the international system,”.…
Donald Trump is calling on the Federal Reserve to cut interest rates
#U.S. president, Donald John Trump criticized the U.S. central bank several times and asked the #interest_rate to be cut by at least 100 basis points over a fairly short period of time. He believed that if it happens, both U.S. and #world_economy enhance quickly. It is well noting that market is not sensitive to these…