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POPULAR NEWS
Gold gives up nearly all of its gains, but settles at highest since late August 2013

Gold futures gave up almost all of their earlier gains by Tuesday afternoon, though still marked the highest most-active contract settlement since August 2013. Federal Reserve Chairman Jerome Powell suggested Tuesday that an interest-rate cut in July is not a done deal. Following those comments, George Gero, managing director at RBC Wealth Management, said he expected to see profit taking in gold. A July interest-rate cut has been widely expected by investors and economists. August gold rose...

Tokyo's Nikkei index opens slightly lower, traders eye G20

Tokyo's leading Nikkei stocks index opened marginally lower on Tuesday after a quiet Wall Street session with all eyes on a heavily anticipated US-China meeting at the Group of 20 summit later this week. The benchmark Nikkei 225 index was down 0.03 percent or 5.44 points at 21,280.55 in early trade, while the broader Topix index was up 0.12 percent or 1.89 points at 1,549.63. Source: AFP

Gold Jumps to Highest in Almost 6 Years Fueled by Rising Risks

Gold's rally shows no signs of abating. The metal surged to the highest level in almost six years as fresh U.S. sanctions on Iran added to uncertainty in global markets, with investors also looking to the G-20 summit this weekend where Presidents Donald Trump and Xi Jinping are expected to meet to discuss trade. Another key event on traders™ watchlist is Federal Reserve Chairman Jerome Powell™s speech in New York later Tuesday, which will touch on monetary...

Gold Takes Aim at Fresh 2013 Highs as U.S.-Iran Tensions Build

Geopolitical tensions helped nudge investors into gold on Tuesday, driving the precious metal deeper into record territory. August gold rose $19, or 1.3%, to $1,437.40 an ounce, which could put the precious metal on track for the highest settlement for a most-active contract since May 10, 2013, according to FactSet. Gold rose 1.3% to settle at $1,418.20 on Tuesday, for the strongest settlement for a most-active close since August 28, 2013, according to FactSet. The metal gained 4.1% last...

Dollar Crumbles to New Lows vs. Euro, Yen on U.S. Rate Cut Bets

The U.S. dollar fell to a three-month low against the euro and dropped to its weakest against the Japanese yen since early January as the prospect of monetary easing by the Federal Reserve knocked demand for the U.S. currency. The euro hit a three-month high of $1.1412, having gained 2.0% from a two-week low of $1.1181 touched a week ago. It last stood at $1.1382, down 0.1% on the day. The dollar dropped 0.4% to as low as 106.78.The yen has also benefited from investor nerves over tensions...

Venezuelan, Opposition Envoys in Norway for Talks
Thursday, 16 May 2019 23:41 WIB | GLOBAL |Global

Representatives of the Venezuelan government and the opposition are in Norway for talks on resolving the stalemate that has mired the South American nation in a political and economic crisis.

Venezuelan officials say Information Minister Jorge Rodriguez is representing President Nicolas Maduro, while lawmaker Stalin Gonzalez is leading the opposition delegation.

President Maduro said Rodriguez was on "a very important mission" abroad during a televised speech Wednesday, but did not provide any details.

The negotiations in Norway are being held after the military failed to heed a call April 30 by opposition leader and self-declared president Juan Guaido to rise up against Maduro. Guaido, the leader of theNational Assembly, declared himself interim president earlier this year after the opposition-majority legislative body determined Maduro won another term in a fraudulent election.

The United States and about 50 other countries recognize Guaido as Venezuela's legitimate president. Venezuela has put the United States at odds with Russia, which has supplied military equipment to the Maduro regime, and Cuba, who the U.S. accuses of placing pro-Maduro troops on the ground in Venezuela.

Source : VOA

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POPULAR NEWS
Gold gives up nearly all of its gains, but settles at highest since late August 2013

Gold futures gave up almost all of their earlier gains by Tuesday afternoon, though still marked the highest most-active contract settlement since August 2013. Federal Reserve Chairman Jerome Powell suggested Tuesday that an interest-rate cut in July is not a done deal. Following those comments, George Gero, managing director at RBC Wealth Management, said he expected to see profit taking in gold. A July interest-rate cut has been widely expected by investors and economists. August gold rose...

Tokyo's Nikkei index opens slightly lower, traders eye G20

Tokyo's leading Nikkei stocks index opened marginally lower on Tuesday after a quiet Wall Street session with all eyes on a heavily anticipated US-China meeting at the Group of 20 summit later this week. The benchmark Nikkei 225 index was down 0.03 percent or 5.44 points at 21,280.55 in early trade, while the broader Topix index was up 0.12 percent or 1.89 points at 1,549.63. Source: AFP

Gold Jumps to Highest in Almost 6 Years Fueled by Rising Risks

Gold's rally shows no signs of abating. The metal surged to the highest level in almost six years as fresh U.S. sanctions on Iran added to uncertainty in global markets, with investors also looking to the G-20 summit this weekend where Presidents Donald Trump and Xi Jinping are expected to meet to discuss trade. Another key event on traders™ watchlist is Federal Reserve Chairman Jerome Powell™s speech in New York later Tuesday, which will touch on monetary...

Gold Takes Aim at Fresh 2013 Highs as U.S.-Iran Tensions Build

Geopolitical tensions helped nudge investors into gold on Tuesday, driving the precious metal deeper into record territory. August gold rose $19, or 1.3%, to $1,437.40 an ounce, which could put the precious metal on track for the highest settlement for a most-active contract since May 10, 2013, according to FactSet. Gold rose 1.3% to settle at $1,418.20 on Tuesday, for the strongest settlement for a most-active close since August 28, 2013, according to FactSet. The metal gained 4.1% last...

Dollar Crumbles to New Lows vs. Euro, Yen on U.S. Rate Cut Bets

The U.S. dollar fell to a three-month low against the euro and dropped to its weakest against the Japanese yen since early January as the prospect of monetary easing by the Federal Reserve knocked demand for the U.S. currency. The euro hit a three-month high of $1.1412, having gained 2.0% from a two-week low of $1.1181 touched a week ago. It last stood at $1.1382, down 0.1% on the day. The dollar dropped 0.4% to as low as 106.78.The yen has also benefited from investor nerves over tensions...

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