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POPULAR NEWS
Gold Ends Lower, Building on a Weekly Decline

Gold futures ended lower on Thursday as concerns surrounding U.S.-China trade talks eased and the dollar traded higher for the week. However, the largest monthly drop in retail sales in nine years backed expectations that the U.S. Federal Reserve will pause interest-rates hikes, helping to limit the loss for gold. April gold lost $1.20, or less than 0.1%, to settle at $1,313.90 an ounce, trading about 0.4% lower for the week so far. The SPDR Gold Shares ETF was up 0.4%. Source : Marketwatch

Gold Advances on Fed Outlook Amid Trade Talk Suspense

Gold rises as contained inflation data bolstered the Federal Reserve™s decision to go slow on raising rates, while investors track high-level trade talks between U.S., China in Beijing. Spot gold +0.2% to $1,308.35/oz at 7:11am in London. Bloomberg Dollar Spot Index -0.1% after ending Weds at highest since Jan. 2; index is heading for first back-to-back weekly gains this year. A key measure of U.S. inflation was little changed in January, while the broader...

Gold prices firm as dollar eases on grim U.S. retail sales

Gold prices firmed on Friday as the dollar weakened slightly after disappointing U.S. data indicated slowing economic momentum, supporting the U.S. Federal Reserve's 'patient' monetary policy approach. Spot gold was little changed at $1,312.82 per ounce at 0009 GMT. It rose 0.5 percent in the previous session in its biggest intraday gain since Jan. 30. U.S. gold futures were up 0.1 percent at $1,315 an ounce. U.S. retail sales recorded their biggest drop in more than nine years in December...

Hong Kong stocks fall as trade talks begin (Review)

Hong Kong stocks retreated Thursday as top US and Chinese officials met in Beijing for trade talks aimed at preventing an escalation in tariffs before a March 1 deadline. The Hang Seng Index lost 0.23 percent, or 65.54 points, to 28,432.05. The benchmark Shanghai Composite Index closed 0.05 percent lower, or 1.37 points, to 2,719.70, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.66 percent, or 9.16 points, to 1,398.84. Source: AFP

Pound Slips Before Brexit Vote Amid ERG Threats

The pound declines for a second day ahead of PM May™s motion in parliament; faces a revolt from euroskeptic lawmakers from within her own party because they perceive it to take a no-deal exit from the EU off the table. Sterling down 0.2% to $1.2814, lowest level since Jan. 15; declines 0.1% to 87.73 pence per euro Members of the anti-EU European Research Group met with Chief Whip Julian Smith on Wednesday evening to insist that leaving the bloc without an agreement must remain an option,...

White House discussing possible trade summit with China at Mar-a-Lago: report
Monday, 11 February 2019 10:20 WIB | GLOBAL |Global

White House officials have discussed President Donald Trump's Florida club, Mar-a-Lago, as the possible site of a March summit with Chinese President Xi Jinping to resolve the ongoing trade war, Axios reported Sunday.

White House sources told Axios that nothing has been set yet, and a meeting might not even happen. But if all goes well, Axios reported the summit could come as soon as mid-March. The 90-day tariff truce between the U.S. and China is set to expire March 1, and the Trump administration has threatened to hike tariffs on $200 billion of Chinese goods from 10% to 25% after that date.

Talks between the two economic powers are continuing, but officials have suggested no final deal will be made until the two leaders meet. Last week, White House economic adviser Larry Kudlow said there was still "pretty sizable distance" to go before reaching a deal.

Source: Marketwatch

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POPULAR NEWS
Gold Ends Lower, Building on a Weekly Decline

Gold futures ended lower on Thursday as concerns surrounding U.S.-China trade talks eased and the dollar traded higher for the week. However, the largest monthly drop in retail sales in nine years backed expectations that the U.S. Federal Reserve will pause interest-rates hikes, helping to limit the loss for gold. April gold lost $1.20, or less than 0.1%, to settle at $1,313.90 an ounce, trading about 0.4% lower for the week so far. The SPDR Gold Shares ETF was up 0.4%. Source : Marketwatch

Gold Advances on Fed Outlook Amid Trade Talk Suspense

Gold rises as contained inflation data bolstered the Federal Reserve™s decision to go slow on raising rates, while investors track high-level trade talks between U.S., China in Beijing. Spot gold +0.2% to $1,308.35/oz at 7:11am in London. Bloomberg Dollar Spot Index -0.1% after ending Weds at highest since Jan. 2; index is heading for first back-to-back weekly gains this year. A key measure of U.S. inflation was little changed in January, while the broader...

Gold prices firm as dollar eases on grim U.S. retail sales

Gold prices firmed on Friday as the dollar weakened slightly after disappointing U.S. data indicated slowing economic momentum, supporting the U.S. Federal Reserve's 'patient' monetary policy approach. Spot gold was little changed at $1,312.82 per ounce at 0009 GMT. It rose 0.5 percent in the previous session in its biggest intraday gain since Jan. 30. U.S. gold futures were up 0.1 percent at $1,315 an ounce. U.S. retail sales recorded their biggest drop in more than nine years in December...

Hong Kong stocks fall as trade talks begin (Review)

Hong Kong stocks retreated Thursday as top US and Chinese officials met in Beijing for trade talks aimed at preventing an escalation in tariffs before a March 1 deadline. The Hang Seng Index lost 0.23 percent, or 65.54 points, to 28,432.05. The benchmark Shanghai Composite Index closed 0.05 percent lower, or 1.37 points, to 2,719.70, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.66 percent, or 9.16 points, to 1,398.84. Source: AFP

Pound Slips Before Brexit Vote Amid ERG Threats

The pound declines for a second day ahead of PM May™s motion in parliament; faces a revolt from euroskeptic lawmakers from within her own party because they perceive it to take a no-deal exit from the EU off the table. Sterling down 0.2% to $1.2814, lowest level since Jan. 15; declines 0.1% to 87.73 pence per euro Members of the anti-EU European Research Group met with Chief Whip Julian Smith on Wednesday evening to insist that leaving the bloc without an agreement must remain an option,...

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