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POPULAR NEWS
Gold prices dip on upbeat appetite for riskier assets

Gold slipped on Tuesday to its lowest in more than three months on increased appetite for riskier assets, while U.S. President Donald Trump failed to provide any information on the trade deal with China in his speech. Spot gold slipped 0.1% to $1,453.70 per ounce, having touched its lowest since Aug. 5 earlier. U.S. gold futures settled down 0.2% at $1,453.70 per ounce. Among other precious metal, palladium gained 0.8% to $1,700.60 per ounce, having touched a one-month low in the previous...

Gold, Silver Prices Score First Gain in 5 Sessions

Gold and silver prices posted their first gain in five sessions on Wednesday, with uncertainty over the outlook for a U.S.-China trade deal and the first day of public impeachment proceedings against President Donald Trump helping to support haven demand for the precious metal. Investors also eyed developments in the House impeachment hearings. Hatzigiannis, however, said he does not expect the impeachment process to affect gold trading. "If it goes through the Senate then we can start taking...

Gold Slips as Hopes of US-China Trade Progress Lift Stocks

Gold prices eased on Tuesday as expectations of positive trade talks between the United States and China bolstered risk appetite, while investors booked profits. Spot gold slipped 0.1% to $1,454.82 per ounce as of 1033 GMT, extending declines into a fourth straight session. U.S. gold futures dropped 0.1% to $1,455.60 per ounce. World markets edged higher on Tuesday as investors awaited a speech by U.S. President Donald Trump on trade policy, and amid news he will probably delay a decision...

Asia shares turn sluggish ahead of Trump speech

Asian share markets got off to a sluggish start on Tuesday amid uncertainty over both the Sino-U.S. trade talks and the domestic political situation in Hong Kong. MSCI™s broadest index of Asia-Pacific shares outside Japan eased 0.05%, following a sharp 1.2% pullback on Monday. Japan's Nikkei dithered either side of flat, while South Korean stocks inched up 0.3%. E-Mini futures for the S&P 500 was off 0.1% in quiet trade. Source: reuters

Gold Rises From Three-Month Low on Trump Tariff Threat

Gold advanced from a three-month low as investors weighed President Donald Trump™s latest comments on a U.S.-China trade deal with the general improvement in risk appetite. Spot gold +0.2% to $1,458.50/oz at 9:38am in Singapore. Price fell to $1,445.70/oz on Tuesday, the lowest intraday level since Aug. 5 Bloomberg Dollar Spot Index steady after +0.2% Tuesday. Other precious metals: Spot silver +0.3% to $16.825/oz, Palladium -0.2% to $1,699.32/oz,...

Aussie hits two-month peak after steady China growth data, euro bounces
Wednesday, 17 April 2019 12:24 WIB | CURRENCIES | EuroDolar ASAussie

The Australian dollar shot to a two-month peak on Wednesday after data showed steady Chinese economic growth in the first quarter, helping Australia's currency shake off earlier losses.

The Aussie was 0.2 percent higher at $0.7190 after touching $0.7206, its strongest since Feb. 21. It also reached a four-month peak of 80.71 yen.

The currency is sensitive to the economic fortunes of China, Australia's biggest trading partner.

China's economy grew 6.4 percent in the first quarter from a year earlier, official data showed on Wednesday, above expectations, helped by sharply higher factory production.

The U.S. dollar, often a safe haven, sagged against the euro after the Chinese data eased concerns about a global economic slowdown.

The dollar index against a basket of six major currencies dipped 0.1 percent to 96.976.

The euro rose 0.2 percent to $1.1300, paring the previous day's losses.

The single currency came under pressure on Tuesday after Reuters quoted four sources with direct knowledge of discussions as saying several European Central Bank policymakers think the ECB's economic projections are too optimistic, as economic weakness in China and trade tensions lingers.

Source: Investing.com

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POPULAR NEWS
Gold prices dip on upbeat appetite for riskier assets

Gold slipped on Tuesday to its lowest in more than three months on increased appetite for riskier assets, while U.S. President Donald Trump failed to provide any information on the trade deal with China in his speech. Spot gold slipped 0.1% to $1,453.70 per ounce, having touched its lowest since Aug. 5 earlier. U.S. gold futures settled down 0.2% at $1,453.70 per ounce. Among other precious metal, palladium gained 0.8% to $1,700.60 per ounce, having touched a one-month low in the previous...

Gold, Silver Prices Score First Gain in 5 Sessions

Gold and silver prices posted their first gain in five sessions on Wednesday, with uncertainty over the outlook for a U.S.-China trade deal and the first day of public impeachment proceedings against President Donald Trump helping to support haven demand for the precious metal. Investors also eyed developments in the House impeachment hearings. Hatzigiannis, however, said he does not expect the impeachment process to affect gold trading. "If it goes through the Senate then we can start taking...

Gold Slips as Hopes of US-China Trade Progress Lift Stocks

Gold prices eased on Tuesday as expectations of positive trade talks between the United States and China bolstered risk appetite, while investors booked profits. Spot gold slipped 0.1% to $1,454.82 per ounce as of 1033 GMT, extending declines into a fourth straight session. U.S. gold futures dropped 0.1% to $1,455.60 per ounce. World markets edged higher on Tuesday as investors awaited a speech by U.S. President Donald Trump on trade policy, and amid news he will probably delay a decision...

Asia shares turn sluggish ahead of Trump speech

Asian share markets got off to a sluggish start on Tuesday amid uncertainty over both the Sino-U.S. trade talks and the domestic political situation in Hong Kong. MSCI™s broadest index of Asia-Pacific shares outside Japan eased 0.05%, following a sharp 1.2% pullback on Monday. Japan's Nikkei dithered either side of flat, while South Korean stocks inched up 0.3%. E-Mini futures for the S&P 500 was off 0.1% in quiet trade. Source: reuters

Gold Rises From Three-Month Low on Trump Tariff Threat

Gold advanced from a three-month low as investors weighed President Donald Trump™s latest comments on a U.S.-China trade deal with the general improvement in risk appetite. Spot gold +0.2% to $1,458.50/oz at 9:38am in Singapore. Price fell to $1,445.70/oz on Tuesday, the lowest intraday level since Aug. 5 Bloomberg Dollar Spot Index steady after +0.2% Tuesday. Other precious metals: Spot silver +0.3% to $16.825/oz, Palladium -0.2% to $1,699.32/oz,...

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