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POPULAR NEWS
USD/JPY: Tokyo open welcomes risk-on amid quiet trading

The USD/JPY pair trades little positive to 108.60 by the time Tokyo markets open on Monday. Even though lack of fresh developments concerning the US-China trade tussle and absence of major data confined market moves at the week™s start, the US Dollar (USD) pullback pleased buyers of ex-greenback majors during early Monday. India recently became the second Asian country, other than China, to levy tariffs on the US goods. The democratic country announced tariffs on 28 items from the US to...

Tokyo Stocks Open Lower

Tokyo stocks opened fractionally lower on Monday, tracking falls on Wall Street, with investors' eyes on the US-China trade war and key central bank meetings this week. The benchmark Nikkei 225 index edged down 0.06 percent or 12.64 points to 21,104.25 in early trade, while the broader Topix index was down 0.24 percent or 3.75 points at 1,542.96. Source : AFP

Gold Rises as Investors Weigh U.S. Recession Odds, Fed
Monday, 25 March 2019 16:05 WIB | PRECIOUS METALS |GOLDEMAS Spot EmasPalladiumSILVER

Gold gains as investors weigh inversion of the Treasury yield curve, seen as a warning of recession, and Donald Trump's choice of Stephen Moore as a Federal Reserve governor.

President Trump said Friday he's nominating the former campaign adviser for the post at the U.S. central bank. Moore has called December's hike a "substantial mistake," and cheered effects of tax cuts. In a Bloomberg TV interview, Moore said that he's worried more about deflation than inflation.

Spot gold as much as +0.3% at $1,317.27/oz and trades at $1,316.93 at 7:14 am in London, set for highest close since Feb. 27 following run of three weekly gains.

Other precious metals : Spot silver +0.5% at $15.4930/oz Platinum +0.5%, palladium +0.1% 

Source : Bloomberg

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POPULAR NEWS
USD/JPY: Tokyo open welcomes risk-on amid quiet trading

The USD/JPY pair trades little positive to 108.60 by the time Tokyo markets open on Monday. Even though lack of fresh developments concerning the US-China trade tussle and absence of major data confined market moves at the week™s start, the US Dollar (USD) pullback pleased buyers of ex-greenback majors during early Monday. India recently became the second Asian country, other than China, to levy tariffs on the US goods. The democratic country announced tariffs on 28 items from the US to...

Tokyo Stocks Open Lower

Tokyo stocks opened fractionally lower on Monday, tracking falls on Wall Street, with investors' eyes on the US-China trade war and key central bank meetings this week. The benchmark Nikkei 225 index edged down 0.06 percent or 12.64 points to 21,104.25 in early trade, while the broader Topix index was down 0.24 percent or 3.75 points at 1,542.96. Source : AFP

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