After a breath-taking year for the commodity markets, precious metals are set for further gains in 2021. So far, the pandemic triggered piling of safe havens by investors looking to protect their wealth. Safe heaven demand, alongside supply deficits, pushed gold and silver prices up by almost 25 percent and 47 percent, respectively.

Over the past 3 decades, US elections have been conducted 8 times and surprisingly, equity markets have the majority of the time cheered the outcome irrespective of whichever party or president comes in power.

Rupee turned heads by emerging strongest amongst its Asian peers by gaining nearly 2.80 percent in the past 7 trading sessions. Now that 73/$ levels are achieved is it the time to buckle up for 72/$?

At times like this, stimulus’’ cannot increase real output in an economy as the problem now is on both, demand and supply side.

Budget may have triggered one of the deepest declines in the Indian stock market but it has not done any damage to the bond market. Indian bond markets could be seen as attractive to foreign investors as the deficit was well managed at 3.5 percent by the government.

When the world is “coronavited” and scrambling to contain the virus, investors are shifting their focus to the Federal Reserve’s monetary policy announcement due early Thursday morning and upcoming Union Budget.

The USD is scraping the skies to pop up fresh highs as the rise for safe heaven increases after a viral breakout. Going forward, the US Fed prepares to hold their first policy meeting of the year on January 28 and 29, central bankers are sending clear signals that the monetary policy is in an ideal spot. Meanwhile, employers are still hiring, workers are still spending, unemployment is still low and inflation is still tame.

After a bull grip in 2019, gold prices in the first two days of the new year has been steady. In last year, the yellow metal had given more than 18 percent return.

The markets are now in a relaxed mode, done and dusted by the most awaited completion of ‘phase one’ of US-China trade deal and completion of dollar inflows from Arcelor Mittal takeover deal. For 15 days, the rupee has been trading in a thin range of 70.50-71.30 levels.