Gold declined, trimming its fourth weekly gain in five, after White House economic adviser Larry Kudlow signaled progress on a trade deal with China.
Spot gold as much as -0.3% to $1,466.90/oz and traded at $1,468.50 at 9:56am in Singapore; +0.6% this week.
Bloomberg Dollar Spot Index -0.1%.
Other precious metals: Spot silver -0.2% to $16.9965/oz. Palladium +0.1% to $1,741.21/oz. Platinum +0.2% to $882.52/oz.
Hong Kong stocks dropped more than one percent Thursday, extending the week's sell-off as the city reeled from another day of protests that badly hit public transport and shuttered schools and some businesses.
The Hang Seng Index sank 0.93 percent, or 247.77 points, to 26,323.69.
The benchmark Shanghai Composite Index added 0.16 percent, or 4.63 points, to 2,909.87, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.61 percent, or 9.83 points, to...
The dollar found broad support on Friday as fresh signs of a global economic slowdown and little visible progress toward a Sino-U.S. trade truce put investors in a risk-averse mood.
The dollar clawed back some of the ground it gave to the safe-haven yen overnight, rising 0.1% to buy 108.55 yen, and kept hold of overnight gains against the Australian and New Zealand dollars.
Against a basket of currencies, the dollar last traded at 98.163. The euro was stable at $1.1020. Moves were slight as...
Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating.
The Hang Seng Index inched up 2.97 points to 26,326.66.
The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points, to 2,891.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.13 percent, or 18.43 points, to 1,605.70.
Source : AFP
The dollar was mostly flat in early trade in Europe on Friday amid a lull in news ahead of more U.S. economic data later in the day.
The greenback is on course for a modest loss of around 0.2% this week, drifting as the world waits for China and the U.S. tie up an elusive trade truce.
The threat of a Chinese crackdown on unrest in Hong Kong is also keeping markets on edge. President Xi Jinping urged the city™s chief executive Carrie Lam to clamp down on protests on late on Thursday, urging...