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POPULAR NEWS
Gold Holds Steady As Trump Warns China on Trade Deal

President Donald Trump is warning China to sign on the dotted line by Dec. 15 and the gold market is listening more than ever. As hedge to the world™s financial and political woes, the yellow metal has been recovering from last week™s battering on suggestions over the past two days that China may not come to the table on a trade deal with the White House, as it tries to wait out Trump™s impeachment inquiry proceedings in the U.S. Congress. Gold futures for December delivery on New...

Gold Prices Settle Slightly Lower, Then Extend Losses After Fed Meeting Minutes

Gold prices gave up the bulk of their losses on Wednesday to finish just a dime lower, finding support after Reuters reported that phase one of a U.S.-China trade deal might not be reached this year. That lifted haven demand for the precious metal. Prices then moved even lower as minutes from the Federal Reserve™s October meeting, released after the gold price settlement, showed that Fed officials were more optimistic about the economic outlook and were against using negative rates in the...

Gold Gains as Souring US-China Relations Dent Risk Appetite

Gold prices rose to their highest in nearly two weeks on Wednesday as U.S. Senate measures on Hong Kong posed a potential roadblock for a trade deal between the United States and China, denting appeal for riskier assets. Spot gold was up 0.3% at $1,476.50 an ounce and U.S. gold futures rose 0.2% to $1,477. The U.S. Senate passed two bills backing human rights in Hong Kong and banning export of certain munitions to the region™s police forces. China condemned the move and called for...

Gold Slips as Fresh Hopes For US-China Deal Boosts Equities

Gold fell on Tuesday, erasing gains from earlier in the session, as a temporary reprieve from Washington for China™s Huawei rekindled optimism for a trade deal between the countries and boosted risk sentiment. Spot gold was down 0.4% to $1,465.44 per ounce, reversing course from the Asian trading hours, when prices rose to their highest since Nov. 7 at $1,475.40. U.S. gold futures fell 0.4% to $1,465.70 per ounce. European share markets reached a four-year high as a new extension granted...

Gold Steady Amid U.S.-China Tension Before Fed Minutes

Gold was steady as investors weighed latest developments on the trade front ahead of the release of minutes from the last Federal Reserve meeting later Wednesday. The U.S. Senate unanimously passed a bill Tuesday aimed at supporting protesters in Hong Kong and warning China against a violent suppression of the demonstrations, drawing a rebuke from authorities in Beijing and potentially complicating trade talks between the two countries. China on Wednesday reiterated a threat to...

U.K. Recession Threat Recedes as Economy Posts Solid July Growth
Monday, 9 September 2019 15:57 WIB | ECONOMY |Ekonomi inggris

The U.K. economy grew at its fastest pace in six months in July, an unexpectedly strong performance that will allay fears Britain was facing a possible pre-Brexit recession.

Gross domestic product rose 0.3% from June, the Office for National Statistics said Monday. Economists had predicted growth of just 0.1%. It left output unchanged over the latest three months.

The economy recorded growth across the board in July, with the dominant services expanding 0.3% -- its best month this year. All else being equal, GDP will grow 0.4% in the third quarter even if output remains unchanged in August and September, avoiding a second straight quarter of contraction.

Construction output rose 0.5%; manufacturing grew 0.3% despite a stagnant month for auto output, and total industrial production gained 0.1%. GDP was 1% higher compared with July 2018.

Source : Bloomberg

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POPULAR NEWS
Gold Holds Steady As Trump Warns China on Trade Deal

President Donald Trump is warning China to sign on the dotted line by Dec. 15 and the gold market is listening more than ever. As hedge to the world™s financial and political woes, the yellow metal has been recovering from last week™s battering on suggestions over the past two days that China may not come to the table on a trade deal with the White House, as it tries to wait out Trump™s impeachment inquiry proceedings in the U.S. Congress. Gold futures for December delivery on New...

Gold Prices Settle Slightly Lower, Then Extend Losses After Fed Meeting Minutes

Gold prices gave up the bulk of their losses on Wednesday to finish just a dime lower, finding support after Reuters reported that phase one of a U.S.-China trade deal might not be reached this year. That lifted haven demand for the precious metal. Prices then moved even lower as minutes from the Federal Reserve™s October meeting, released after the gold price settlement, showed that Fed officials were more optimistic about the economic outlook and were against using negative rates in the...

Gold Gains as Souring US-China Relations Dent Risk Appetite

Gold prices rose to their highest in nearly two weeks on Wednesday as U.S. Senate measures on Hong Kong posed a potential roadblock for a trade deal between the United States and China, denting appeal for riskier assets. Spot gold was up 0.3% at $1,476.50 an ounce and U.S. gold futures rose 0.2% to $1,477. The U.S. Senate passed two bills backing human rights in Hong Kong and banning export of certain munitions to the region™s police forces. China condemned the move and called for...

Gold Slips as Fresh Hopes For US-China Deal Boosts Equities

Gold fell on Tuesday, erasing gains from earlier in the session, as a temporary reprieve from Washington for China™s Huawei rekindled optimism for a trade deal between the countries and boosted risk sentiment. Spot gold was down 0.4% to $1,465.44 per ounce, reversing course from the Asian trading hours, when prices rose to their highest since Nov. 7 at $1,475.40. U.S. gold futures fell 0.4% to $1,465.70 per ounce. European share markets reached a four-year high as a new extension granted...

Gold Steady Amid U.S.-China Tension Before Fed Minutes

Gold was steady as investors weighed latest developments on the trade front ahead of the release of minutes from the last Federal Reserve meeting later Wednesday. The U.S. Senate unanimously passed a bill Tuesday aimed at supporting protesters in Hong Kong and warning China against a violent suppression of the demonstrations, drawing a rebuke from authorities in Beijing and potentially complicating trade talks between the two countries. China on Wednesday reiterated a threat to...

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