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POPULAR NEWS
Gold notches a third straight session gain, its second above $1,400

Gold futures climbed sharply on Monday, extending their streak of gains to a third consecutive session. Weakness in the U.S. dollar and 10-year Treasury yield, expectations for lower interest rates among global central banks, as well as geopolitical concerns continued to support haven demand for the precious metal. August gold rose $18.10, or 1.3%, to settle at $1,418.20 on Comex. Prices saw their highest most-active contract finish since August 28, 2013, according to FactSet data. Source :...

You Can't Be Anything But Bullish On Gold After $1,400 Breaks – Analysts

Patience has finally paid off for the gold bull, as demand for the precious metal has pushed prices to levels not seen in nearly six years. Although gold prices are off their highs after breaking above $1,400, the market is still seeing its best weekly gains in more than three years. August gold futures last traded at $1,393.70 an ounce, up nearly 4% since the previous Friday. According to it some analysts, gold's major breakout could be just the start of a long-awaited rally as investors...

Gold Prices Up as U.S.-Iran Conflict Fuels Safe-Haven Demand, Trades Above $1,400

Gold prices rose on Monday in Asia and traded above the key $1,400 level amid intensifying conflicts between the U.S. and Iran. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.5% at $1,406.55per ounce by 12:38 AM ET (04:38 GMT). Prices of the yellow metal gained today as conflict in the Middle East reached new heights. Late last week, Iran shot down an American surveillance drone and accused the U.S. of incursion and spying over...

U.S. oil ends higher, but Brent falls as Trump administration announces additional Iran sanctions

Oil futures split two ways on Monday, with U.S. prices ending higher but global benchmark Brent crude posting a loss as the U.S. announced new sanctions on Iran. President Donald Trump on Monday signed an executive order imposing financial sanctions on Iranian leaders, according to pool reports from the White House. In Monday dealings, August West Texas Intermediate crude climbed by 47 cents, or 0.8%, to settle at $57.90 a barrel on the New York Mercantile Exchange. That was the highest...

U.S. Dollar Struggles as Dallas Manufacturing Data Disappoints

The U.S. dollar was near three-month lows on Monday after disappointing regional data and rising tensions between Iran and the U.S. The U.S. dollar index, which measures the greenback™s strength against a basket of six major currencies, was down 0.1% to 95.59 by 10:45 AM ET (14:45 GMT). The Dallas Fed manufacturing activity index for June came in weaker than expected at -12.1 compared to estimates for -1.0. The data confirm declining activity across other regions in the U.S., as the...

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 notches a third straight session gain, its second above $1,400

Gold futures climbed sharply on Monday, extending their streak of gains to a third consecutive session. Weakness in the U.S. dollar and 10-year Treasury yield, expectations for lower interest rates among global central banks, as well as geopolitical concerns continued to support haven demand for the precious metal. August gold rose $18.10, or 1.3%, to settle at $1,418.20 on Comex. Prices saw their highest most-active contract finish since August 28, 2013, according to FactSet data. Source :...

You Can't Be Anything But Bullish On Gold After $1,400 Breaks – Analysts

Patience has finally paid off for the gold bull, as demand for the precious metal has pushed prices to levels not seen in nearly six years. Although gold prices are off their highs after breaking above $1,400, the market is still seeing its best weekly gains in more than three years. August gold futures last traded at $1,393.70 an ounce, up nearly 4% since the previous Friday. According to it some analysts, gold's major breakout could be just the start of a long-awaited rally as investors...

Gold Prices Up as U.S.-Iran Conflict Fuels Safe-Haven Demand, Trades Above $1,400

Gold prices rose on Monday in Asia and traded above the key $1,400 level amid intensifying conflicts between the U.S. and Iran. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.5% at $1,406.55per ounce by 12:38 AM ET (04:38 GMT). Prices of the yellow metal gained today as conflict in the Middle East reached new heights. Late last week, Iran shot down an American surveillance drone and accused the U.S. of incursion and spying over...

U.S. oil ends higher, but Brent falls as Trump administration announces additional Iran sanctions

Oil futures split two ways on Monday, with U.S. prices ending higher but global benchmark Brent crude posting a loss as the U.S. announced new sanctions on Iran. President Donald Trump on Monday signed an executive order imposing financial sanctions on Iranian leaders, according to pool reports from the White House. In Monday dealings, August West Texas Intermediate crude climbed by 47 cents, or 0.8%, to settle at $57.90 a barrel on the New York Mercantile Exchange. That was the highest...

U.S. Dollar Struggles as Dallas Manufacturing Data Disappoints

The U.S. dollar was near three-month lows on Monday after disappointing regional data and rising tensions between Iran and the U.S. The U.S. dollar index, which measures the greenback™s strength against a basket of six major currencies, was down 0.1% to 95.59 by 10:45 AM ET (14:45 GMT). The Dallas Fed manufacturing activity index for June came in weaker than expected at -12.1 compared to estimates for -1.0. The data confirm declining activity across other regions in the U.S., as the...

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