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POPULAR NEWS
Gold claws up from 2019 low, but ascent limited by stock-market gains

Gold trade steadied Wednesday morning, with prices poking into positive territory, after a hunt for assets viewed as risky took the haven metal to its lowest finish of the year a day ago. Gold for June delivery on Comex was up $1.10, or less than 0.1%, at $1,278.30 an ounce. June gold settled at $1,277.20 Tuesday. That was the lowest finish for a most-active contract since Dec. 26, according to FactSet data. Gold had moved lower this week as equity benchmarks in the U.S. flirted with records...

Gold drops to lowest level of the year on climb in stocks and bond yields

Gold futures declined on Tuesday, with the precious metal suffering its lowest finish year to date, as equity benchmarks in the U.S. flirted with records and government bond yields advanced, reflecting growing appetite for assets perceived as risky over so-called havens. The yellow metal may have also suffered from additional pressure as Bloomberg reported that Venezuela recently sold $400 million in gold, in a potential move to offset U.S. sanctions on the country. Gold for June delivery on...

Gold Traded Near Lowest Level This Year on Growth Optimism

Gold traded near the lowest level this year as world equities held near a six-month high on renewed optimism about global growth after China™s economy unexpectedly held up in the first quarter. China™s first-quarter GDP figures out Wednesday exceeded economist estimates and March retail sales and industrial production were also better-than-expected. That™s easing concerns about a slowdown that had rattled investors. A bearish technical indicator is also weighing on gold....

U.S. Stocks Climb Toward Records After Corporate Earnings

U.S. equities rose at the opening bell on Tuesday, following a round of better than expected corporate earnings. The S&P 500 rose 0.3% to 2,914. The Dow Jones Industrial Average advanced 135 points, or 0.5%, to 26,520. The Nasdaq Composite was up 0.3% to 8,002. All three benchmarks are inching closer to their all-time highs established late last year. The broad-based S&P 500 is less than 1% away from its record close set in Sept. 20. Earnings from BlackRock Inc. came in higher than...

Gold Prices Fall as Economic Data, Earnings Dampen Risk Aversion

Gold prices traded lower on Tuesday as positive economic data and U.S. earnings boosted risk sentiment, dampening demand for the safe haven precious metal. At 9:02 AM ET (13:02 GMT), gold futures for June delivery on the Comex division of the New York Mercantile Exchange fell $9.45, or 0.7%, to $1,281.85 a troy ounce. China saw housing prices rise in March at the fastest pace since April 2017 which - adding to better-than-expected export and credit numbers released last week - eased concerns...

US Wages Wide-Ranging Campaign to Block Huawei
Tuesday, 19 March 2019 17:47 WIB | GLOBAL |Global

Over the past several weeks, the U.S. government has launched a seemingly unprecedented campaign to block the Chinese telecom giant Huawei Technologies from competing in the global rollout of next-generation 5G mobile networking technology, claiming that the company is effectively an arm of the Chinese intelligence services.

In an effort that has included top-level officials from the departments of State, Justice, Defense, Homeland Security, and Commerce, as well as the president himself, the Trump administration has taken steps to curtail Huawei™s ability to operate within the U.S. It has also mounted an extraordinary effort to convince U.S. allies to bar the firm from operating on their soil.

Huawei has long been viewed with suspicion and distrust in many corners of the global economy. The company has a documented history of industrial espionage, and its competitiveness on the global stage has been boosted by massive subsidies from the government in Beijing. Still, the scope of the U.S. government™s current offensive against the company is remarkable.

œHuawei has been accused of many things for a very long time. This is nothing new. What is unique is the extent of the pressure campaign, said Michael Murphree, assistant professor of International Business at the University of South Carolina™s Darla Moore School of Business. œIn the grand scheme of international technology competition, this is certainly a very strong effort against a specific firm.

Source : VOA

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POPULAR NEWS
Gold claws up from 2019 low, but ascent limited by stock-market gains

Gold trade steadied Wednesday morning, with prices poking into positive territory, after a hunt for assets viewed as risky took the haven metal to its lowest finish of the year a day ago. Gold for June delivery on Comex was up $1.10, or less than 0.1%, at $1,278.30 an ounce. June gold settled at $1,277.20 Tuesday. That was the lowest finish for a most-active contract since Dec. 26, according to FactSet data. Gold had moved lower this week as equity benchmarks in the U.S. flirted with records...

Gold drops to lowest level of the year on climb in stocks and bond yields

Gold futures declined on Tuesday, with the precious metal suffering its lowest finish year to date, as equity benchmarks in the U.S. flirted with records and government bond yields advanced, reflecting growing appetite for assets perceived as risky over so-called havens. The yellow metal may have also suffered from additional pressure as Bloomberg reported that Venezuela recently sold $400 million in gold, in a potential move to offset U.S. sanctions on the country. Gold for June delivery on...

Gold Traded Near Lowest Level This Year on Growth Optimism

Gold traded near the lowest level this year as world equities held near a six-month high on renewed optimism about global growth after China™s economy unexpectedly held up in the first quarter. China™s first-quarter GDP figures out Wednesday exceeded economist estimates and March retail sales and industrial production were also better-than-expected. That™s easing concerns about a slowdown that had rattled investors. A bearish technical indicator is also weighing on gold....

U.S. Stocks Climb Toward Records After Corporate Earnings

U.S. equities rose at the opening bell on Tuesday, following a round of better than expected corporate earnings. The S&P 500 rose 0.3% to 2,914. The Dow Jones Industrial Average advanced 135 points, or 0.5%, to 26,520. The Nasdaq Composite was up 0.3% to 8,002. All three benchmarks are inching closer to their all-time highs established late last year. The broad-based S&P 500 is less than 1% away from its record close set in Sept. 20. Earnings from BlackRock Inc. came in higher than...

Gold Prices Fall as Economic Data, Earnings Dampen Risk Aversion

Gold prices traded lower on Tuesday as positive economic data and U.S. earnings boosted risk sentiment, dampening demand for the safe haven precious metal. At 9:02 AM ET (13:02 GMT), gold futures for June delivery on the Comex division of the New York Mercantile Exchange fell $9.45, or 0.7%, to $1,281.85 a troy ounce. China saw housing prices rise in March at the fastest pace since April 2017 which - adding to better-than-expected export and credit numbers released last week - eased concerns...

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