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POPULAR NEWS
Wall Street, Main Street expect gold price uptrend to continue

Wall Street and Main Street alike look for gold to continue the recent bounce this week.             Thirteen market professionals took part in the Wall Street survey. Ten, or 77%, called for gold to rise. There were no votes saying gold would fall, with three voters, or 23%, neutral or calling for a sideways market. Meanwhile, 820 votes were cast in an online Main Street poll. A total of 475 voters, or 58%, looked for gold to rise...

Oil Jumps After Unrest Hits Key OPEC Producers Libya and Iraq

Oil jumped as rising tension in the Middle East and North Africa halted output and exports from key OPEC producers Iraq and Libya. Futures in New York and London rose more than 1.5%. Iraq temporarily stopped output at an oil field on Sunday and supply from a second site is at risk as widespread unrest escalates in OPEC™s second-biggest producer. In Libya, National Oil Corp. declared force majeure after Commander Khalifa Haftar blocked exports at ports under his...

Gold Gains on Yemen Attacks, China Lunar New Year Buying

Gold prices rose to their highest in more than a week on Monday, after a missile attack in Yemen over the weekend fanned geopolitical concerns and boosted the metal™s safe-haven appeal, while buying ahead of the Chinese New Year also lent support. Spot gold was up 0.3% at $1,560.89 per ounce by 0726 GMT, after touching its highest since Jan. 10 at $1,562.51 earlier in the session. U.S. gold futures were flat at $1,560.50. œChinese New Year is in front of us and some buying has emerged...

Tokyo stocks open higher, dragged high by Wall St

Tokyo stocks opened higher on Monday, with investor sentiment buoyed by fresh record-setting advances on Wall Street. The benchmark Nikkei 225 index gained 0.19 percent or 46.64 points to 24,087.90 in early trade while the broader Topix index was up 0.35 percent or 6.05 points at 1,741.49. Source: AFP

Dollar holds gains as investors cheer U.S. economic outlook

The dollar began the week on a firm note on Monday as economic data pointed to strength right across the U.S. economy, reducing the likelihood of interest rate cuts. The greenback held steady near a one-week high against the euro, at $1.1096, and just below an eight-month peak on the Japanese yen, at 110.19 yen per dollar. The pound edged lower on Monday to $1.3002, its weakest in a week. Against a basket of currencies, the greenback was steady at 97.620, a whisker below a three-week high...

Venezuelan Opposition Leader Guaido Says His Top Aide Detained
Friday, 22 March 2019 05:08 WIB | GLOBAL |

Venezuelan opposition leader and self-declared interim president Juan Guaido says intelligence agents have detained his chief of staff.

Guaido's aide, Roberto Marrero, reportedly was taken into custody in an overnight raid on his home.

"We do not know his whereabouts," Guaido wrote of Marrero in an early morning Twitter post. "He must be released immediately."

Also, opposition lawmaker Sergio Vergara's home was searched but he was not detained.

Venezuelan President Nicolas Maduro and Guaido both claim to be the legitimate president of the South American country.

The United States has frequently warned Maduro's socialist government from arresting Guaido or his aides. Secretary of State Mike Pompeo quickly denounced the actions and demanded that Marrero be released.

"We call for his immediate release," Pompeo said on Twitter. "We will hold accountable those involved."

U.S. President Donald Trump reiterated Tuesday that "all options" are under consideration to oust Maduro from office, suggesting military action if necessary.

Guaido declared himself interim president on January 23rd. He has the support of the U.S. and about 50 other countries, primarily in Latin America.

Maduro is supported by Russia and Cuba, retains the allegiance of the military's leadership and maintains control of state apparatus.

Venezuela's Information Ministry did not immediately comment on the overnight operation.

and Hunger

The oil-rich country's economy has contracted sharply in recent years and inflation has exceeded 2 million percent. The dire economic conditions have fueled malnutrition and disease and triggered an exodus of more than 3 million citizens since 2015.

Economic conditions are expected to worsen when the U.S., Venezuela's largest crude oil customer, imposes a ban on all oil sales to the U.S. on April 28.

Maduro contends his government has been victimized by an "economic war" led by political opponents and blames previous U.S. financial and oil sanctions for the country's economic crisis.

Source : VOA

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POPULAR NEWS
Wall Street, Main Street expect gold price uptrend to continue

Wall Street and Main Street alike look for gold to continue the recent bounce this week.             Thirteen market professionals took part in the Wall Street survey. Ten, or 77%, called for gold to rise. There were no votes saying gold would fall, with three voters, or 23%, neutral or calling for a sideways market. Meanwhile, 820 votes were cast in an online Main Street poll. A total of 475 voters, or 58%, looked for gold to rise...

Oil Jumps After Unrest Hits Key OPEC Producers Libya and Iraq

Oil jumped as rising tension in the Middle East and North Africa halted output and exports from key OPEC producers Iraq and Libya. Futures in New York and London rose more than 1.5%. Iraq temporarily stopped output at an oil field on Sunday and supply from a second site is at risk as widespread unrest escalates in OPEC™s second-biggest producer. In Libya, National Oil Corp. declared force majeure after Commander Khalifa Haftar blocked exports at ports under his...

Gold Gains on Yemen Attacks, China Lunar New Year Buying

Gold prices rose to their highest in more than a week on Monday, after a missile attack in Yemen over the weekend fanned geopolitical concerns and boosted the metal™s safe-haven appeal, while buying ahead of the Chinese New Year also lent support. Spot gold was up 0.3% at $1,560.89 per ounce by 0726 GMT, after touching its highest since Jan. 10 at $1,562.51 earlier in the session. U.S. gold futures were flat at $1,560.50. œChinese New Year is in front of us and some buying has emerged...

Tokyo stocks open higher, dragged high by Wall St

Tokyo stocks opened higher on Monday, with investor sentiment buoyed by fresh record-setting advances on Wall Street. The benchmark Nikkei 225 index gained 0.19 percent or 46.64 points to 24,087.90 in early trade while the broader Topix index was up 0.35 percent or 6.05 points at 1,741.49. Source: AFP

Dollar holds gains as investors cheer U.S. economic outlook

The dollar began the week on a firm note on Monday as economic data pointed to strength right across the U.S. economy, reducing the likelihood of interest rate cuts. The greenback held steady near a one-week high against the euro, at $1.1096, and just below an eight-month peak on the Japanese yen, at 110.19 yen per dollar. The pound edged lower on Monday to $1.3002, its weakest in a week. Against a basket of currencies, the greenback was steady at 97.620, a whisker below a three-week high...

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