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POPULAR NEWS
Gold futures end higher for the session, barely changed for the week

Gold futures settled higher on Friday, but barely budged for the week. "Gold has struggled to shine this week as positive economic data from the United States and China cooled concerns over the global economy," said Lukman Otunuga, senior research analyst at FXTM. "Appetite towards the metal was also bruised by the 'phase one' [U.S.-China] deal, which offered some light at the end of the long trade war tunnel. With stock markets hitting record highs and the dollar stabilizing, gold is...

Gold Edges Higher, But Faces Worst Week in Two Months

Gold prices edged higher on Friday, but was still on track to post its biggest weekly decline in about two months as solid Chinese data and a preliminary U.S.-China trade deal improved risk appetite. World shares hit record highs after data showed China's economy was stabilizing and the world's second-largest economy ended 2019 on a somewhat firmer note as the trade truce revived business confidence. Spot gold rose 0.3% to $1,556.56 per ounce, but was heading for a weekly drop of about 0.4%...

Oil Near $59 as Trade Deal Hopes Jostle With Ample Supply

Oil was near $59 a barrel in New York after rising the most in almost two weeks as the U.S. and China signed a trade agreement, though remains capped by signs that supplies remain plentiful. Futures gained 0.5%, having increased 1.2% on Thursday as Washington and Beijing™s phase-one deal commits China to $52.4 billion in additional purchases of American energy over 2020 and 2021. Still, there was some skepticism about whether such as target is feasible, particularly if it leaves...

Wall Street to Continue Higher; Housing Data Eyed

U.S. stock markets are set to open higher Friday, with investors reveling in a combination of healthy corporate earnings, diminished external growth risks and healthy domestic economic data. Futures for theS&P 500 were trading 8 points, or 0.3% to 3,324.62, higher by 11:55 AM ET (11:55 GMT), futures for the NASDAQ Composite were 34 points, or 0.4%, higher to 9,347, while the Dow Jones 30 futures contract was up 80 points, or 0.3% to 29,315.5. On Thursday, the S&P 500 rose 0.8%, the...

Hong Kong Stocks End Week with Gains (REview)

Hong Kong stocks finished Friday on a positive note, with investors retaining optimism over the outlook following this week's signing of the China-US trade pact that eased tensions between the economic superpowers. The Hang Seng index added 0.60 percent, or 173.38 points, to close at 29,056.42. The benchmark Shanghai Composite Index rose 0.05 percent, or 1.41 points, to 3,075.50 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.29 percent, or 5.29...

Gold Prices Drop as Trade Tension Eases Following Tariff Delay
Wednesday, 14 August 2019 13:06 WIB | PRECIOUS METALS |GOLDEMAS

Gold prices dropped on Wednesday in Asia as the U.S.'s decision to delay imposing tariffs on certain Chinese goods eased tension between the two sides and dented demand for the safe-haven metal.

Gold futures for December delivery traded on the Comex division of the New York Mercantile Exchange fell 0.4% to $1,507.95.

The United States Trade Representative announced overnight that certain products including clothing and cellphones have been removed from the tariff list based on "health, safety, national security and other factors and will not face additional tariffs of 10%.

Other tariffs will be delayed to Dec. 15 from Sep. 1 for certain goods, it said.

Source : Investing.com

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POPULAR NEWS
Gold futures end higher for the session, barely changed for the week

Gold futures settled higher on Friday, but barely budged for the week. "Gold has struggled to shine this week as positive economic data from the United States and China cooled concerns over the global economy," said Lukman Otunuga, senior research analyst at FXTM. "Appetite towards the metal was also bruised by the 'phase one' [U.S.-China] deal, which offered some light at the end of the long trade war tunnel. With stock markets hitting record highs and the dollar stabilizing, gold is...

Gold Edges Higher, But Faces Worst Week in Two Months

Gold prices edged higher on Friday, but was still on track to post its biggest weekly decline in about two months as solid Chinese data and a preliminary U.S.-China trade deal improved risk appetite. World shares hit record highs after data showed China's economy was stabilizing and the world's second-largest economy ended 2019 on a somewhat firmer note as the trade truce revived business confidence. Spot gold rose 0.3% to $1,556.56 per ounce, but was heading for a weekly drop of about 0.4%...

Oil Near $59 as Trade Deal Hopes Jostle With Ample Supply

Oil was near $59 a barrel in New York after rising the most in almost two weeks as the U.S. and China signed a trade agreement, though remains capped by signs that supplies remain plentiful. Futures gained 0.5%, having increased 1.2% on Thursday as Washington and Beijing™s phase-one deal commits China to $52.4 billion in additional purchases of American energy over 2020 and 2021. Still, there was some skepticism about whether such as target is feasible, particularly if it leaves...

Wall Street to Continue Higher; Housing Data Eyed

U.S. stock markets are set to open higher Friday, with investors reveling in a combination of healthy corporate earnings, diminished external growth risks and healthy domestic economic data. Futures for theS&P 500 were trading 8 points, or 0.3% to 3,324.62, higher by 11:55 AM ET (11:55 GMT), futures for the NASDAQ Composite were 34 points, or 0.4%, higher to 9,347, while the Dow Jones 30 futures contract was up 80 points, or 0.3% to 29,315.5. On Thursday, the S&P 500 rose 0.8%, the...

Hong Kong Stocks End Week with Gains (REview)

Hong Kong stocks finished Friday on a positive note, with investors retaining optimism over the outlook following this week's signing of the China-US trade pact that eased tensions between the economic superpowers. The Hang Seng index added 0.60 percent, or 173.38 points, to close at 29,056.42. The benchmark Shanghai Composite Index rose 0.05 percent, or 1.41 points, to 3,075.50 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.29 percent, or 5.29...

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