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POPULAR NEWS
Gold Flirts With $1,500 Again on New Trade War Worries

What™s bad for trade is good for gold. The yellow metal found favor again with haven investors on Monday, flirting with the key bullish level of $1,500 per ounce, on news of fresh troubles in U.S.-China trade negotiations. Gold rebounded after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. The Chinese stance appeared to contradict the U.S. president™s contention on Friday that the two sides were closer...

Gold Posts Lowest Close So Far This Month as Investors Weigh Trade Deal, Earnings Season

Gold prices declined on Tuesday to mark their lowest settlement month to date, as investors awaited clarity on U.S.-China trade talks and as earnings season starts on a positive note. Gold for December delivery on Comex fell $14.10, or 10.9%, to settle at $1,483.50 an ounce, with prices for the most-active contract logging their lowest settlement since Sept. 30, according to FactSet data. December silver gave up 32.6 cents, or 1.8%, to finish at $17.384 an ounce. The yield on the 10-year...

Hong Kong stocks end with healthy gains (Review)

Shares rallied on Monday in Hong Kong after China and the United States announced a partial trade deal that eased tensions between the economic superpowers. The Hang Seng Index jumped 0.81 percent, or 213.41 points, to 26,521.85, marking a third straight advance. The benchmark Shanghai Composite Index climbed 1.15 percent, or 34.22 points, to 3,007.88, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.43 percent, or 23.37 points, to...

Gold prices rise as the Fed announced the start of a 'massive' bond buying program

Gold futures rose Monday, looking to post their first gain in three sessions, finding support as the so-called ''phase one'' of the U.S.-China trade deal reportedly hit a snag and after the U.S. Federal Reserve announced last week that it will start expanding its balance sheet next week. On Comex, December gold climbed by $5.70, or 0.4%, to $1,494.40 an ounce. On Friday, it posted its lowest finish month to date and the most-active futures contract lost 1.6%. December silver added 10.6...

Oil Tumbles Again as Trade Bogeyman Returns

One session is all it took for the optimism over U.S.-China trade talks to turn into pessimism. Crude oil prices settled down 2% on Monday after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. That contrasted with the U.S. president™s contention that the two sides were closer to an agreement. Just on Friday, U.S. West Texas Intermediate crude U.K. Brent oil settled up more than 2% each, finishing last...

Dollar drifts down as trade-deal progress stokes cautious risk appetite
Tuesday, 10 September 2019 08:28 WIB | CURRENCIES |DOLLAR Yen EuroDollar Australia,

The dollar drifted lower on Tuesday as investor appetite for higher risk currencies found support on a report of German stimulus plans, diminishing chances of a no-deal Brexit and hopes of a breakthrough in the Sino-U.S. trade war.

The mood lifted the Australian dollar to a six-week high of $0.6875 and the pound also hit a six-week high of $1.2385 as a British law blocking a no-deal exit from the European Union came into force.

The safe-haven yen touched a five-week low of 107.46 per dollar as risk appetite rose. Moves were modest in early Asian trade, however, with traders broadly remaining on the sidelines ahead of a key European Central Bank meeting on Thursday, at which policymakers are expected to ease monetary policy.

The euro also rallied to as high as $1.0167 following a Reuters report that Germany may set up public investment agencies to boost fiscal stimulus without breaching national spending rules.

Sterling, meanwhile, barely shifted when Britain's parliament voted, as expected, to stymie Prime Minister Boris Johnson's bid for an early election, which prompted him to vow that he would secure a Brexit deal at an EU summit next month.

Source : Reuters

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POPULAR NEWS
Gold Flirts With $1,500 Again on New Trade War Worries

What™s bad for trade is good for gold. The yellow metal found favor again with haven investors on Monday, flirting with the key bullish level of $1,500 per ounce, on news of fresh troubles in U.S.-China trade negotiations. Gold rebounded after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. The Chinese stance appeared to contradict the U.S. president™s contention on Friday that the two sides were closer...

Gold Posts Lowest Close So Far This Month as Investors Weigh Trade Deal, Earnings Season

Gold prices declined on Tuesday to mark their lowest settlement month to date, as investors awaited clarity on U.S.-China trade talks and as earnings season starts on a positive note. Gold for December delivery on Comex fell $14.10, or 10.9%, to settle at $1,483.50 an ounce, with prices for the most-active contract logging their lowest settlement since Sept. 30, according to FactSet data. December silver gave up 32.6 cents, or 1.8%, to finish at $17.384 an ounce. The yield on the 10-year...

Hong Kong stocks end with healthy gains (Review)

Shares rallied on Monday in Hong Kong after China and the United States announced a partial trade deal that eased tensions between the economic superpowers. The Hang Seng Index jumped 0.81 percent, or 213.41 points, to 26,521.85, marking a third straight advance. The benchmark Shanghai Composite Index climbed 1.15 percent, or 34.22 points, to 3,007.88, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.43 percent, or 23.37 points, to...

Gold prices rise as the Fed announced the start of a 'massive' bond buying program

Gold futures rose Monday, looking to post their first gain in three sessions, finding support as the so-called ''phase one'' of the U.S.-China trade deal reportedly hit a snag and after the U.S. Federal Reserve announced last week that it will start expanding its balance sheet next week. On Comex, December gold climbed by $5.70, or 0.4%, to $1,494.40 an ounce. On Friday, it posted its lowest finish month to date and the most-active futures contract lost 1.6%. December silver added 10.6...

Oil Tumbles Again as Trade Bogeyman Returns

One session is all it took for the optimism over U.S.-China trade talks to turn into pessimism. Crude oil prices settled down 2% on Monday after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. That contrasted with the U.S. president™s contention that the two sides were closer to an agreement. Just on Friday, U.S. West Texas Intermediate crude U.K. Brent oil settled up more than 2% each, finishing last...

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