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POPULAR NEWS
Gold Futures Post a Gain For a 4th Week in a Row

Gold futures rallied Friday, with China™s plan for retaliatory tariffs on U.S. goods helping to boost investor interest in the haven metal. "Gold is likely to be most volatile during FOMC meetings and days (like today) when we receive a barrage of tweets from President [Donald] Trump and headlines concerning global trade," said Matthew Miller, equity analyst at CFRA Research. "The news regarding China's trade retaliation and [Trump's] multiple tweets attacking the Federal Reserve are...

Powell: U.S. in 'favorable' place, Fed will 'act as appropriate'

The U.S. economy is in a "favorable place" and the Federal Reserve will "act as appropriate" to keep the current economic expansion on track, Fed chair Jerome Powell said on Friday in remarks that gave few clues about whether the central bank will cut interest rates at its next meeting or not. The chair, under pressure from President Donald Trump to cut rates soon and deeply, listed a series of economic and geopolitical risks that the Fed is monitoring ” many of them, Powell noted, linked...

Dow drops 450 points after Trump orders US companies to look for 'alternative to China'

Stocks fell to their lows of the day on Friday after President Donald Trump ordered in a series tweets that U.S. companies find alternatives to their operations in China. Apple led the way lower. The Dow Jones Industrial Average traded 460 points lower, or 1.8%. The S&P 500 and Nasdaq Composite slid 1.9% and 2.2%, respectively. Trump tweeted on Friday: œOur great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing..your...

Carney Says No-Deal Brexit Would Probably Lead to BOE Easing

A collapse of Brexit talks resulting in the U.K. leaving the European Union without a transition agreement would likely prompt the Bank of England to loosen monetary policy, Governor Mark Carney said. While the Monetary Policy Committee™s reaction would depend on how demand, supply and the exchange rate are hit, œthe appropriate policy path would be more likely to ease than not, Carney said in a speech at the Federal Reserve Symposium in Jackson Hole on Friday. Prime...

Dow sheds 130 points at the open as China says its readying $75 billion counter-tariffs on U.S. goods

The Dow average on Friday headed lower at the open along with the rest of the major indexes after a report surfaced indicating that China was ready to take retaliatory measures in its lasting tariff conflict with the U.S. A report from the Chinese ministry indicated that it was preparing to raise tariffs in two batches on $75 billion in U.S. imports on Sept. 1 and Dec. 15, which would coincide with the dates that the U.S. is slated to increase import duties on some $300 billion Beijing...

Pompeo in London to Discuss UK-US 'Special Relationship'
Wednesday, 8 May 2019 23:41 WIB | GLOBAL |Global

U.S. Secretary of State Mike Pompeo is in London for talks with British officials on the status of the special relationship between the nations amid heightened tensions with Iran and uncertainty over Britain's exit from the European Union.

Pompeo is meeting Wednesday with British Prime Minister Theresa May and Foreign Secretary Jeremy Hunt and will later deliver a speech on the potential for improved U.S.-U.K. ties after Brexit.

Pompeo arrived in London after canceling a trip to Germany to make an unannounced visit to Baghdad, where he warned Iraqi officials about what he called imminent threats to American interests in the Middle East.

Iran said earlier Wednesday that it would partially suspend its compliance with the 2015 nuclear deal from which President Donald Trump withdrew last year. Britain remains a party to the deal.

Source : VOA

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POPULAR NEWS
Gold Futures Post a Gain For a 4th Week in a Row

Gold futures rallied Friday, with China™s plan for retaliatory tariffs on U.S. goods helping to boost investor interest in the haven metal. "Gold is likely to be most volatile during FOMC meetings and days (like today) when we receive a barrage of tweets from President [Donald] Trump and headlines concerning global trade," said Matthew Miller, equity analyst at CFRA Research. "The news regarding China's trade retaliation and [Trump's] multiple tweets attacking the Federal Reserve are...

Powell: U.S. in 'favorable' place, Fed will 'act as appropriate'

The U.S. economy is in a "favorable place" and the Federal Reserve will "act as appropriate" to keep the current economic expansion on track, Fed chair Jerome Powell said on Friday in remarks that gave few clues about whether the central bank will cut interest rates at its next meeting or not. The chair, under pressure from President Donald Trump to cut rates soon and deeply, listed a series of economic and geopolitical risks that the Fed is monitoring ” many of them, Powell noted, linked...

Dow drops 450 points after Trump orders US companies to look for 'alternative to China'

Stocks fell to their lows of the day on Friday after President Donald Trump ordered in a series tweets that U.S. companies find alternatives to their operations in China. Apple led the way lower. The Dow Jones Industrial Average traded 460 points lower, or 1.8%. The S&P 500 and Nasdaq Composite slid 1.9% and 2.2%, respectively. Trump tweeted on Friday: œOur great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing..your...

Carney Says No-Deal Brexit Would Probably Lead to BOE Easing

A collapse of Brexit talks resulting in the U.K. leaving the European Union without a transition agreement would likely prompt the Bank of England to loosen monetary policy, Governor Mark Carney said. While the Monetary Policy Committee™s reaction would depend on how demand, supply and the exchange rate are hit, œthe appropriate policy path would be more likely to ease than not, Carney said in a speech at the Federal Reserve Symposium in Jackson Hole on Friday. Prime...

Dow sheds 130 points at the open as China says its readying $75 billion counter-tariffs on U.S. goods

The Dow average on Friday headed lower at the open along with the rest of the major indexes after a report surfaced indicating that China was ready to take retaliatory measures in its lasting tariff conflict with the U.S. A report from the Chinese ministry indicated that it was preparing to raise tariffs in two batches on $75 billion in U.S. imports on Sept. 1 and Dec. 15, which would coincide with the dates that the U.S. is slated to increase import duties on some $300 billion Beijing...

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