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 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 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 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 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...
U.S. Secretary of State Mike Pompeo has accused the head of Chinese telecommunications giant Huawei Technologies of lying about his company's relationship with the government in Beijing.
Pompeo said in a CNBC interview Thursday that Huawei "is tied not only to China but to the Chinese Communist Party." He added, "The existence of those connections puts American information that crosses those networks at risk."
Huawei, the world's largest maker of telecommunications network equipment, is a leader in 5G technology. It has been trying to win contracts to build a global network that would make the internet much faster.
Last week, the U.S. government banned American companies from doing business with Huawei, escalating a heated trade war between the world's two largest economies.
CEO Ren Zhengfei has maintained his company would not share secret user information. Huawei denies it is controlled by Beijing. The company also says it does not work with the Chinese government, an assertion Pompeo dismisses.
Source : VOA
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.-Sou...
President Donald Trump said on Thursday the United States and Britain were moving rapidly towards a deal on trade that would be "fantastic and big." "I think we'll make a fantastic and big trade deal...
Washington's top two intelligence officials spent their last day on the job Thursday, leaving the nation's spy agencies in the hands of an acting director as U.S. President Donald Trump moves ahead wi...
With Chinese security forces spotted conducting exercises across the border with Hong Kong, U.S. President Donald Trump says a trade agreement with China could be delayed until it reaches a humane res...
South Korean President Moon Jae-in on Thursday offered an olive branch to Japan to end a tense trade dispute, saying Seoul will œgladly join hands if Tokyo to accepts calls to resolve it through ...
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 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 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 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 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...