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POPULAR NEWS
Gold Settles with a Loss as Investors Look to the Outcome of the Fed's Meeting this Week

Gold settled with a loss on Monday, giving up earlier modest gains as traders looked ahead to the outcome of the Federal Reserve's meeting later this week. Traders also kept an eye on geopolitical developments, including the U.K.'s efforts to reach a deal on leaving the European Union, and the direction of the U.S. dollar. Gold for April delivery on Comex fell $1.40, or 0.1%, to settle at $1,301.50 an ounce after trading as high as $1,306.70. May silver  shed a fraction of a cent to...

Gold Edges Higher as Investors Eye Fed Meeting, Dollar

Gold futures edged higher Monday, attempting to build on a rally that pushed the yellow metal above $1,300 an ounce last week as traders prepare for this week™s meeting of Federal Reserve policy makers and keep an eye on geopolitical developments, including the U.K.™s efforts to reach a deal on leaving the European Union, and the direction of the U.S. dollar. Gold for April delivery on Comex rose $2.70, or 0.2%, to $1,305.60 an ounce, while May silver was up 3.1 cents, or 0.2%, to $15.355...

Asia Stocks Rise, Focus Back on Fed; Yields Steady: Markets Wrap

Stocks in Asia gained Monday after a positive finish to a strong week for U.S. stocks led global equities to a five-month high. Treasuries steadied. Shares in Sydney, Seoul and Tokyo advanced after the S&P 500 Index posted its best week since November. Treasuries held gains seen at the end of last week and the 10-year yield remained below 2.6 percent in the wake of soft economic data. The dollar as focus turned to the Federal Reserve, which will likely reinforce its policy-pause...

Tokyo stocks open higher tracking gains in US shares

Tokyo stocks opened higher on Monday, tracking gains on Wall Street due to optimism over US-China trade talks, with investors closely eyeing the US Federal Reserve's meeting later this week. The Nikkei 225 index added 0.65 percent, or 139.64 points, to 21,590.49 in early trade, while the broader Topix index climbed 0.43 percent, or 6.82 points, to 1,609.45. Source : AFP

Dollar licks wounds after soft data fans bets on dovish Fed

The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months high on hopes for a delay in Britain's exit from the European Union. The dollar's index against a basket of six major currencies stood at 96.564, having shed 0.81 percent last week, the biggest loss since late August. The British pound stood not far from last week™s nine-month high of $1.3380, supported by relief that a...

French Experts Begin Analysis of Ethiopian Boeing's 'Black Boxes'
Friday, 15 March 2019 02:10 WIB | GLOBAL |Global

French aviation investigators began analyzing the flight data recorders Thursday from the American-made jetliner that crashed in Ethiopia Sunday, killing 157 people from about 30 countries.

The crash of the Ethiopian Airlines Boeing 737 Max 8 was the model's second deadly accident since October, when 189 people were killed after a Lion Air jetliner crashed in Indonesia. The accidents prompted more than 40 countries to either ground the planes or ban them from their airspace.

Since the first crash, investigators have focused on the aircraft's anti-stall system that dips the plane's nose down to prevent it from stalling.

As Canada closed its airspace to the Max 8 on Wednesday, Transport Minister Marc Garneau said a comparison of vertical fluctuations by the two aircraft produced a "similar profile.'' The U.S. Federal Aviation Administration (FAA), which also ordered the planes grounded Wednesday, said new satellite data and other evidence also showed similar movements by the two planes.

France's Bureau of Enquiry and Analysis for Civil Aviation Safety (BEA) will conduct the œblack boxes analysis as an adviser, as international aviation rules require Ethiopia to lead the investigation. The U.S. National Transportation Safety Board (NTSB) will also play a key role as a representative of the country where the aircraft is manufactured.

The FAA said Wednesday that Boeing had been working on a software fix for the aircraft since the October crash in Indonesia. Experts who reviewed publicly available data said it indicates a malfunction of the plane's Maneuvering Characteristics Augmentation System (MCAS) may have contributed to Sunday's crash. Inaccurate sensor readings may have prompted the automated system to push the nose of the planes down, denying the pilots the chance to override the system.

Experts say other possible causes of the crashes are being investigated, including other malfunctioning systems and pilot error.

Months before the Ethiopian Airlines crash, U.S. pilots complained about the aircraft's systems, maintaining they limited their control, according to a U.S. government confidential reporting system. Pilots also complained about the lack of sufficient training on automated-assisted aviation systems.

Some aviation experts have said the two jetliners whipped up and down several times following takeoff. A preliminary report by Indonesian investigators concluded that a defective sensor directed an automation feature to repeatedly force the plane to dive, until it eventually crashed, killing everyone on board.

Source : VOA

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POPULAR NEWS
Gold Settles with a Loss as Investors Look to the Outcome of the Fed's Meeting this Week

Gold settled with a loss on Monday, giving up earlier modest gains as traders looked ahead to the outcome of the Federal Reserve's meeting later this week. Traders also kept an eye on geopolitical developments, including the U.K.'s efforts to reach a deal on leaving the European Union, and the direction of the U.S. dollar. Gold for April delivery on Comex fell $1.40, or 0.1%, to settle at $1,301.50 an ounce after trading as high as $1,306.70. May silver  shed a fraction of a cent to...

Gold Edges Higher as Investors Eye Fed Meeting, Dollar

Gold futures edged higher Monday, attempting to build on a rally that pushed the yellow metal above $1,300 an ounce last week as traders prepare for this week™s meeting of Federal Reserve policy makers and keep an eye on geopolitical developments, including the U.K.™s efforts to reach a deal on leaving the European Union, and the direction of the U.S. dollar. Gold for April delivery on Comex rose $2.70, or 0.2%, to $1,305.60 an ounce, while May silver was up 3.1 cents, or 0.2%, to $15.355...

Asia Stocks Rise, Focus Back on Fed; Yields Steady: Markets Wrap

Stocks in Asia gained Monday after a positive finish to a strong week for U.S. stocks led global equities to a five-month high. Treasuries steadied. Shares in Sydney, Seoul and Tokyo advanced after the S&P 500 Index posted its best week since November. Treasuries held gains seen at the end of last week and the 10-year yield remained below 2.6 percent in the wake of soft economic data. The dollar as focus turned to the Federal Reserve, which will likely reinforce its policy-pause...

Tokyo stocks open higher tracking gains in US shares

Tokyo stocks opened higher on Monday, tracking gains on Wall Street due to optimism over US-China trade talks, with investors closely eyeing the US Federal Reserve's meeting later this week. The Nikkei 225 index added 0.65 percent, or 139.64 points, to 21,590.49 in early trade, while the broader Topix index climbed 0.43 percent, or 6.82 points, to 1,609.45. Source : AFP

Dollar licks wounds after soft data fans bets on dovish Fed

The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months high on hopes for a delay in Britain's exit from the European Union. The dollar's index against a basket of six major currencies stood at 96.564, having shed 0.81 percent last week, the biggest loss since late August. The British pound stood not far from last week™s nine-month high of $1.3380, supported by relief that a...

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