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POPULAR NEWS
Dow futures jump 250 points as focus remains on trade and the economy

U.S. stock index futures were set to open sharply higher on Friday morning as investors continued to focus on movements in the bond market and U.S.-China trade talks. Around 5:30 a.m. ET, Dow futures indicated a positive open of about 250 points. Futures on the S&P and Nasdaq were also both solidly higher. Wall Street closed Thursday's session on a more positive note, erasing some of the steep losses suffered earlier in the week. Market sentiment remains volatile, however, as concerns...

Gold Futures Head For Longest Winning Run Since 2016

Gold futures are poised for a sixth weekly advance, the best streak in more than three years, on heightened trade uncertainty and concerns about slowing global growth. China called looming U.S. tariffs a violation of accords reached by Presidents Donald Trump and Xi Jinping, vowing retaliation, while Trump said Thursday that any deal must be œon our terms. Bond investors are locking horns over whether the inversion of yield curves really means the global economy...

Gold Futures Settle Lower, Post a Third Straight Weekly Gain

Gold futures fell on Friday, but posted a gain for the week--their third in row. "Drivers for gold have included global growth in negative interest rate bonds, the decline in real interest rates in the U.S., [and] uncertainty regarding U.S./China trade policy and political unrest in Hong Kong," said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management. December gold fell by $7.60, or 0.5%, to settle at $1,523.60 on Comex. For the week, most-active contract prices rose by...

Gold Prices Little Changed; Stock Markets Recover but Trade Worries Remain

Gold prices were little changed on Friday in Asia as stock markets recovered, although trade concerns remained. Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, were near flat at $1,531.55 by 1:21 AM ET (05:21 GMT). Stock markets recovered today, but Sino-U.S. trade concerns remained after China's threat to take countermeasures against new U.S. tariffs. Ongoing Hong Kong protests are also expected to further complicate the relationship...

North Korea Fires More Weapons; Criticizes South Korea

North Korea has launched a fresh round of short-range weapons into the sea off its east coast, South Korea™s military reported - Pyongyang™s latest apparent outburst of anger at continued U.S.-South Korean military drills. The North fired two œunidentified projectiles Friday from Gangwon province in the northeast part of North Korea, according to a statement from Seoul™s Joint Chiefs of Staff. The weapons traveled about 230 kilometers, reaching a height of 30 kilometers, the...

Trade Tensions Seen Tightening Job Market for Chinese Graduates
Saturday, 18 May 2019 00:13 WIB | GLOBAL |Global

A record number of 8.34 million university graduates are set to enter the Chinese job market this summer amid escalating trade tensions between Washington and Beijing.

Observers say that as China™s export-dependent economy braces for more hits from tariff hikes, which U.S. President Donald Trump recently imposed, the country™s job markets will be tighter for everyone including fresh graduates.

And the impact of a job mismatch among college graduates has long weighed on their actual employment rate at only 52% this year, according to a recent survey.

That means more than 4 million graduates will soon join the ranks of those unemployed, although many of them may opt to pursue higher education, the survey found.

Graduates will either take longer to find a job or settle with one that has lower pay or poor career prospects, Crothall said.

Making matters worse, the number of job opportunities in China is on the wane as China tries to move away from labor-intensive industries, said Wang Zhangcheng, head of the Labor Economics Institute at the Zhongnan University of Economics and Law.

Source : VOA

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POPULAR NEWS
Dow futures jump 250 points as focus remains on trade and the economy

U.S. stock index futures were set to open sharply higher on Friday morning as investors continued to focus on movements in the bond market and U.S.-China trade talks. Around 5:30 a.m. ET, Dow futures indicated a positive open of about 250 points. Futures on the S&P and Nasdaq were also both solidly higher. Wall Street closed Thursday's session on a more positive note, erasing some of the steep losses suffered earlier in the week. Market sentiment remains volatile, however, as concerns...

Gold Futures Head For Longest Winning Run Since 2016

Gold futures are poised for a sixth weekly advance, the best streak in more than three years, on heightened trade uncertainty and concerns about slowing global growth. China called looming U.S. tariffs a violation of accords reached by Presidents Donald Trump and Xi Jinping, vowing retaliation, while Trump said Thursday that any deal must be œon our terms. Bond investors are locking horns over whether the inversion of yield curves really means the global economy...

Gold Futures Settle Lower, Post a Third Straight Weekly Gain

Gold futures fell on Friday, but posted a gain for the week--their third in row. "Drivers for gold have included global growth in negative interest rate bonds, the decline in real interest rates in the U.S., [and] uncertainty regarding U.S./China trade policy and political unrest in Hong Kong," said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management. December gold fell by $7.60, or 0.5%, to settle at $1,523.60 on Comex. For the week, most-active contract prices rose by...

Gold Prices Little Changed; Stock Markets Recover but Trade Worries Remain

Gold prices were little changed on Friday in Asia as stock markets recovered, although trade concerns remained. Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, were near flat at $1,531.55 by 1:21 AM ET (05:21 GMT). Stock markets recovered today, but Sino-U.S. trade concerns remained after China's threat to take countermeasures against new U.S. tariffs. Ongoing Hong Kong protests are also expected to further complicate the relationship...

North Korea Fires More Weapons; Criticizes South Korea

North Korea has launched a fresh round of short-range weapons into the sea off its east coast, South Korea™s military reported - Pyongyang™s latest apparent outburst of anger at continued U.S.-South Korean military drills. The North fired two œunidentified projectiles Friday from Gangwon province in the northeast part of North Korea, according to a statement from Seoul™s Joint Chiefs of Staff. The weapons traveled about 230 kilometers, reaching a height of 30 kilometers, the...

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