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POPULAR NEWS
Gold claws up from 2019 low, but ascent limited by stock-market gains

Gold trade steadied Wednesday morning, with prices poking into positive territory, after a hunt for assets viewed as risky took the haven metal to its lowest finish of the year a day ago. Gold for June delivery on Comex was up $1.10, or less than 0.1%, at $1,278.30 an ounce. June gold settled at $1,277.20 Tuesday. That was the lowest finish for a most-active contract since Dec. 26, according to FactSet data. Gold had moved lower this week as equity benchmarks in the U.S. flirted with records...

Gold futures end at lowest since December, down 1.5% for the week

Gold futures posted a modest decline on Thursday, to tally a loss of 1.5% for the week. "U.S. dollar strength, enhanced not only by economic data but release of the Mueller report is going to keep a lid on gold in the short term," said Jeff Wright, executive vice president of GoldMining Inc. June gold lost 80 cents, or less than 0.1%, to settle at $1,276 an ounce on Comex. That was the lowest finish for a most-active contract since Dec. 26, according to FactSet data. Gold trading will be...

Stocks open higher after upbeat corporate earnings

Stocks rose at the opening bell on Wednesday as investors keyed into the next round of first-quarter corporate earnings, while showing little interest in China's robust economic data. The S&P 500 was up 0.3% to 2,916. The Dow Jones Industrial Average picked up 32 points, or 0.1%, to 26,484. The Nasdaq Composite climbed 0.6% to 8,046. Key equity benchmarks continue to move toward their record highs, with the S&P 500 less than 1% away from its all-time closing high on Sept. 20. China's...

U.S. dollar edges lower after stronger-than-expected China GDP data

The U.S. dollar was off slightly versus its biggest rivals Wednesday after data showed the pace of Chinese economic growth steadied in the first quarter, helping to soothe fears of a global economic slowdown. The ICE U.S. Dollar Index a measure of the currency against six major rivals, was off 0.1% at 96.918. The U.S. unit traded at 111.99 Japanese yen down marginally from its level late Tuesday in New York trading at ¥112.02. The euro fetched $1.1308, up from $1.1283. China's economy grew...

Strong Earthquake hits East Taiwan

The 6.1 magnitude earthquake hit the eastern coast of Taiwan late Thursday, according to the country's Central Weather Bureau. Television footage of landslides in one area, but no one reported on land or mountains. The bureau said the earthquake occurred at one minute after 1 pm, with the epicenter about 10 kilometers northwest of the city of the eastern coast of Hualien. The Depth earthquake was 10 kilometers, according to the United States Geological Survey. The quake shook buildings in...

Dollar licks wounds after soft data fans bets on dovish Fed
Monday, 18 March 2019 08:34 WIB | CURRENCIES |DOLLAR Indeks DolarPoundsterling

The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months high on hopes for a delay in Britain's exit from the European Union.

The dollar's index against a basket of six major currencies stood at 96.564, having shed 0.81 percent last week, the biggest loss since late August.

The British pound stood not far from last week™s nine-month high of $1.3380, supported by relief that a no-deal Brexit will likely be averted. It last stood at $1.3292.

Source : Reuters

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POPULAR NEWS
Gold claws up from 2019 low, but ascent limited by stock-market gains

Gold trade steadied Wednesday morning, with prices poking into positive territory, after a hunt for assets viewed as risky took the haven metal to its lowest finish of the year a day ago. Gold for June delivery on Comex was up $1.10, or less than 0.1%, at $1,278.30 an ounce. June gold settled at $1,277.20 Tuesday. That was the lowest finish for a most-active contract since Dec. 26, according to FactSet data. Gold had moved lower this week as equity benchmarks in the U.S. flirted with records...

Gold futures end at lowest since December, down 1.5% for the week

Gold futures posted a modest decline on Thursday, to tally a loss of 1.5% for the week. "U.S. dollar strength, enhanced not only by economic data but release of the Mueller report is going to keep a lid on gold in the short term," said Jeff Wright, executive vice president of GoldMining Inc. June gold lost 80 cents, or less than 0.1%, to settle at $1,276 an ounce on Comex. That was the lowest finish for a most-active contract since Dec. 26, according to FactSet data. Gold trading will be...

Stocks open higher after upbeat corporate earnings

Stocks rose at the opening bell on Wednesday as investors keyed into the next round of first-quarter corporate earnings, while showing little interest in China's robust economic data. The S&P 500 was up 0.3% to 2,916. The Dow Jones Industrial Average picked up 32 points, or 0.1%, to 26,484. The Nasdaq Composite climbed 0.6% to 8,046. Key equity benchmarks continue to move toward their record highs, with the S&P 500 less than 1% away from its all-time closing high on Sept. 20. China's...

U.S. dollar edges lower after stronger-than-expected China GDP data

The U.S. dollar was off slightly versus its biggest rivals Wednesday after data showed the pace of Chinese economic growth steadied in the first quarter, helping to soothe fears of a global economic slowdown. The ICE U.S. Dollar Index a measure of the currency against six major rivals, was off 0.1% at 96.918. The U.S. unit traded at 111.99 Japanese yen down marginally from its level late Tuesday in New York trading at ¥112.02. The euro fetched $1.1308, up from $1.1283. China's economy grew...

Strong Earthquake hits East Taiwan

The 6.1 magnitude earthquake hit the eastern coast of Taiwan late Thursday, according to the country's Central Weather Bureau. Television footage of landslides in one area, but no one reported on land or mountains. The bureau said the earthquake occurred at one minute after 1 pm, with the epicenter about 10 kilometers northwest of the city of the eastern coast of Hualien. The Depth earthquake was 10 kilometers, according to the United States Geological Survey. The quake shook buildings in...

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