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POPULAR NEWS
Asia stocks mixed as investors watch for US-China trade updates

Stocks in Asia traded mixed on Monday morning as investors look for further developments on U.S.-China trade. Overall, the MSCI Asia ex-Japan index traded 0.05% lower. In Japan, the Nikkei 225 rose fractionally in early trade while the Topix index was largely flat. South Korea™s Kospi slipped 0.13%. Shares in Australia edged lower in morning trade, with the S&P/ASX 200 down about 0.4% as most of the sectors slipped. Investors will continue to monitor developments on U.S.-China trade....

Tokyo shares open lower with eyes on US-China talks, forex

Tokyo stocks opened slightly lower on Monday with investors watching the forex market and US-China trade talks. The benchmark Nikkei 225 index fell 0.04 percent or 8.70 points to 23,294.62, while the broader Topix index lost 0.10 percent or 1.63 points to 1,695.04. Source : AFP

Gold Steady With Trade Developments, ETFs in Focus

Gold was little changed after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in holdings in bullion-backed exchange-traded funds. U.S. and Chinese negotiators held œconstructive discussions in a call on Saturday to address each side's core concerns in phase one of a deal. That came after President Donald Trump™s administration signaled talks with China over the first phase of a broad agreement are...

Japan Stocks Rise as Investors Eye Progress in Trade Talks

Japanese stocks rose after fluctuating at the Monday open, as investors eyed progress in the U.S.-China trade negotiations. Telecommunication shares gave the biggest boost to the Topix index, following an announcement on SoftBank Group Corp.'s plan to combine messaging service Line Corp. with Z Holdings Corp., a unit of its telecom arm. U.S. and Chinese trade negotiators held œconstructive discussions in a phone call on Saturday to address each side's core concerns of...

Hong Kong stocks start with gains

Hong Kong stocks opened higher Monday following another record-setting close on Wall Street, though traders remained on edge as the city was wracked by fresh violent protests. The Hang Seng index added 0.47 percent, or 124.98 points, to 26,451.64. The benchmark Shanghai Composite Index lost 0.06 percent, or 1.79 points, to 2,889.55 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.15 percent, or 2.38 points, to 1,603.32. Source : AFP

Gold Steady Amid Auto Tariffs Delay, U.S.-China Angst
Thursday, 16 May 2019 15:56 WIB | PRECIOUS METALS |GOLDEMAS

Gold steady as investors see some potential relief from the U.S. on tougher auto tariffs even as Washington continues to intensify trade tensions with China.

President Donald Trump will give the EU and Japan 180 days to agree to a deal that would œlimit or restrict imports into the U.S. of automobiles and their parts, in return for delaying new auto tariffs, according to a draft executive order seen by Bloomberg.

At the same time, Trump ratcheted up his battle with China for dominance of 5G technology networks, moving to curb Huawei Technologies Co.™s access to the U.S. market and American suppliers. Unexpectedly weak U.S. and Chinese economic numbers Wednesday have also heightened worries the trade war could weigh on the global economy.

Spot gold little changed at $1,296.90/oz at 7:24am in London.

Source : Bloomberg

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POPULAR NEWS
Asia stocks mixed as investors watch for US-China trade updates

Stocks in Asia traded mixed on Monday morning as investors look for further developments on U.S.-China trade. Overall, the MSCI Asia ex-Japan index traded 0.05% lower. In Japan, the Nikkei 225 rose fractionally in early trade while the Topix index was largely flat. South Korea™s Kospi slipped 0.13%. Shares in Australia edged lower in morning trade, with the S&P/ASX 200 down about 0.4% as most of the sectors slipped. Investors will continue to monitor developments on U.S.-China trade....

Tokyo shares open lower with eyes on US-China talks, forex

Tokyo stocks opened slightly lower on Monday with investors watching the forex market and US-China trade talks. The benchmark Nikkei 225 index fell 0.04 percent or 8.70 points to 23,294.62, while the broader Topix index lost 0.10 percent or 1.63 points to 1,695.04. Source : AFP

Gold Steady With Trade Developments, ETFs in Focus

Gold was little changed after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in holdings in bullion-backed exchange-traded funds. U.S. and Chinese negotiators held œconstructive discussions in a call on Saturday to address each side's core concerns in phase one of a deal. That came after President Donald Trump™s administration signaled talks with China over the first phase of a broad agreement are...

Japan Stocks Rise as Investors Eye Progress in Trade Talks

Japanese stocks rose after fluctuating at the Monday open, as investors eyed progress in the U.S.-China trade negotiations. Telecommunication shares gave the biggest boost to the Topix index, following an announcement on SoftBank Group Corp.'s plan to combine messaging service Line Corp. with Z Holdings Corp., a unit of its telecom arm. U.S. and Chinese trade negotiators held œconstructive discussions in a phone call on Saturday to address each side's core concerns of...

Hong Kong stocks start with gains

Hong Kong stocks opened higher Monday following another record-setting close on Wall Street, though traders remained on edge as the city was wracked by fresh violent protests. The Hang Seng index added 0.47 percent, or 124.98 points, to 26,451.64. The benchmark Shanghai Composite Index lost 0.06 percent, or 1.79 points, to 2,889.55 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.15 percent, or 2.38 points, to 1,603.32. Source : AFP

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