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POPULAR NEWS
Gold prices end lower, snap multiday rally

Gold futures finished lower on Monday, following a four-session streak of gains, pressured by uncertainty ahead of a meeting of the U.S. Federal Reserve that's expected to offer hints on the central bank's plan on interest rates. International trade clashes and a concern over a weakening global economy, however, limited losses for the haven metal. The yellow metal for August delivery fell $1.60, or 0.1%, to settle at $1,342.90, after closing Friday action with a weekly loss of 0.1% based on...

Gold poised to snap 4-day rally as metal hits a wall at around $1,370

Gold futures retreated on Monday, after a multiday rally as bullion, which has benefited from concerns about international trade clashes and a weakening global economy. The yellow metal for August delivery fell $7.50, or 0.6%, to $1,337, after closing Friday action wit a weekly loss of 0.1% based on the most-active contract prices as of June 7, FactSet data show. Prices on Friday had climbed to as high as $1,362.20, the highest since April 2018. Some commodity strategists say the precious...

Oil extends last week's sharp retreat as demand worries sour sentiment

Crude oil futures prices fell Monday, with investors digesting worrisome demand updates issued last week and keeping tabs on typically price-supportive risks percolating in the Middle East. On Monday, West Texas Intermediate crude for July delivery fell 58 cents, or 1.1%, to settle at $51.93 a barrel on the New York Mercantile Exchange, following two consecutive session gains. Meanwhile, August Brent crude dropped $1.07, or 1.7%, to $60.94 a barrel on ICE Futures Europe in Monday action....

USD/JPY: Tokyo open welcomes risk-on amid quiet trading

The USD/JPY pair trades little positive to 108.60 by the time Tokyo markets open on Monday. Even though lack of fresh developments concerning the US-China trade tussle and absence of major data confined market moves at the week™s start, the US Dollar (USD) pullback pleased buyers of ex-greenback majors during early Monday. India recently became the second Asian country, other than China, to levy tariffs on the US goods. The democratic country announced tariffs on 28 items from the US to...

Asia Stocks Capped Ahead of Fed, Oil on Defensive

Investor caution ahead of the Federal Reserve™s interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions. MSCI™s broadest index of Asia-Pacific shares outside Japan inched up 0.05%. Australian stocks added 0.1% while Japan™s Nikkei dipped 0.05%. The Fed, facing fresh demands by U.S. President Donald Trump to cut interest rates, begins a two-day meeting later on...

Thousands of Flights Canceled After Pakistan Closes Airspace
Friday, 1 March 2019 00:43 WIB | GLOBAL |Global

scalating tensions between India and Pakistan continued Thursday.

Pakistani and Indian forces briefly traded fire across the contested border in Kashmir Thursday. There were no immediate reports of casualties.

Pakistan shut down its civilian airspace Wednesday after it said it shot down two Indian warplanes that had flown over to its side of the Line of Control, the de facto border in the disputed Kashmir region, and captured one Indian pilot. New Delhi also claims it shot down a Pakistani fighter jet, a claim denied by Pakistan.

The decision by Islamabad to close off its airspace forced Thai Airlines to cancel all flights to and from Bangkok to most of the major cities in Europe, leaving nearly 5,000 passengers scrambling to find alternative flights. Thai Airlines later received permission from China to fly over its airspace.

Several other airlines, including Singapore Airlines and British Airways, were forced to reroute several flights to avoid Pakistan's airspace.

Pakistan and India have moved closer to the brink of war since 40 Indian paramilitary forces were killed in a suicide attack in the town of Pulwama in India-controlled Kashmir. New Delhi has accused Pakistan of shielding the militant group Jaish-e-Mohammed, which has claimed responsibility for the suicide attack.

Source : VOA

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POPULAR NEWS
Gold prices end lower, snap multiday rally

Gold futures finished lower on Monday, following a four-session streak of gains, pressured by uncertainty ahead of a meeting of the U.S. Federal Reserve that's expected to offer hints on the central bank's plan on interest rates. International trade clashes and a concern over a weakening global economy, however, limited losses for the haven metal. The yellow metal for August delivery fell $1.60, or 0.1%, to settle at $1,342.90, after closing Friday action with a weekly loss of 0.1% based on...

Gold poised to snap 4-day rally as metal hits a wall at around $1,370

Gold futures retreated on Monday, after a multiday rally as bullion, which has benefited from concerns about international trade clashes and a weakening global economy. The yellow metal for August delivery fell $7.50, or 0.6%, to $1,337, after closing Friday action wit a weekly loss of 0.1% based on the most-active contract prices as of June 7, FactSet data show. Prices on Friday had climbed to as high as $1,362.20, the highest since April 2018. Some commodity strategists say the precious...

Oil extends last week's sharp retreat as demand worries sour sentiment

Crude oil futures prices fell Monday, with investors digesting worrisome demand updates issued last week and keeping tabs on typically price-supportive risks percolating in the Middle East. On Monday, West Texas Intermediate crude for July delivery fell 58 cents, or 1.1%, to settle at $51.93 a barrel on the New York Mercantile Exchange, following two consecutive session gains. Meanwhile, August Brent crude dropped $1.07, or 1.7%, to $60.94 a barrel on ICE Futures Europe in Monday action....

USD/JPY: Tokyo open welcomes risk-on amid quiet trading

The USD/JPY pair trades little positive to 108.60 by the time Tokyo markets open on Monday. Even though lack of fresh developments concerning the US-China trade tussle and absence of major data confined market moves at the week™s start, the US Dollar (USD) pullback pleased buyers of ex-greenback majors during early Monday. India recently became the second Asian country, other than China, to levy tariffs on the US goods. The democratic country announced tariffs on 28 items from the US to...

Asia Stocks Capped Ahead of Fed, Oil on Defensive

Investor caution ahead of the Federal Reserve™s interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions. MSCI™s broadest index of Asia-Pacific shares outside Japan inched up 0.05%. Australian stocks added 0.1% while Japan™s Nikkei dipped 0.05%. The Fed, facing fresh demands by U.S. President Donald Trump to cut interest rates, begins a two-day meeting later on...

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