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POPULAR NEWS
Gold posts lowest finish in nearly 2 weeks as bond yields climb

Gold futures declined on Thursday, pressured by strength in bond yields as the Fed™s symposium of central bankers got underway in Jackson Hole, Wyoming. U.S. Treasury bonds weakened Thursday, sending the benchmark 10-year Treasury note yield up 2.4 basis points to 1.6046%. Rising bond yields can dull the luster of gold, which offers no yield. December gold fell $7.20, or 0.5%, to settle at $1,508.50 an ounce after trading as low as $1,502.10. Prices finished at the lowest for a most-active...

Gold sinks as bond yields climb

Gold futures headed lower Thursday as bond yields edged up, dimming some of the luster from the precious metal, with the Federal Reserve's annual symposium of central bankers getting underway in Jackson Hole, Wyo. December delivery was last down $12.10, or 0.8%, to reach $1,503.90 an ounce, after finishing Wednesday™s session flat. September silver lost 13 cents, or 0.7%, to $17.025 an ounce. The benchmark 10-year Treasury note added more than 3 basis points to around 1.61% early Thursday...

Gold Heads for Weekly Drop as Powell Speech Awaited

Gold is poised for the first weekly decline in a month as investors await a key address by Federal Reserve Chairman Jerome Powell at the annual Jackson Hole gathering on Friday, while mulling comments from other officials on monetary policy. Three Fed policy makers voiced their resistance to the notion that the U.S. economy needs lower interest rates, and a fourth said he wanted to avoid taking further action œunless we have to, foreshadowing a sharp debate with officials...

Trump Says He Wants Russia Back at G-7 Summits

U.S. President Donald Trump said Wednesday he wants Russia back at the Group of Seven summits of the world's leading economies, even though it still controls Ukraine's Crimean Peninsula. Moscow was booted from the group over its unilateral 2014 annexation of the peninsula. As the G-7 leaders head to the French Atlantic seaside town of Biarritz for their annual meeting this weekend, Trump said it would make sense for Russian President Vladimir Putin to be part of the group again. Trump...

Stocks fall as Fed members signal that a September rate cut is not certain

Stocks were lower on Thursday, giving up earlier gains as investors wondered whether the Federal Reserve will cut interest rates next month. The S&P 500 fell 0.3%. The Nasdaq Composite traded 0.7% lower. The Dow Jones Industrial Average chopped around the flatline after rallying as much as 186 points. Powell is set to deliver his speech as President Donald Trump continues attacking the U.S. central bank, pressuring it to lower rates. On Thursday, Trump tweeted: œThe Economy is doing...

Smaller Pro-EU Parties Surge in European Elections; Centrists Lose Seats
Monday, 27 May 2019 10:57 WIB | GLOBAL |Global

Smaller European parties saw a surge of support in continent-wide elections for the European Parliament in what politicians and analysts agree will likely be seen as the most consequential since 1979, when European Union voters first began casting ballots for the bloc's legislature.

Early results Sunday suggested the 751-seat parliament will be more fragmented than ever before. Smaller parties, both euroskeptic and pro-EU ones, fared well at the expense of their more established and bigger center-right and center-left rivals.

Pro-EU Liberals and Greens will hold the balance of power in the new parliament, which will sit for five years. Philippe Lamberts, leader of the Greens group, said: œTo make a stable majority in this parliament, the Greens are now indispensable.

The rise of new parties appears to have smashed the duopoly of control of the parliament traditionally enjoyed by the center-right European People™s Party (EPP) and the Progressive Alliance of Socialists and Democrats (S&D).

Source : VOA

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POPULAR NEWS
Gold posts lowest finish in nearly 2 weeks as bond yields climb

Gold futures declined on Thursday, pressured by strength in bond yields as the Fed™s symposium of central bankers got underway in Jackson Hole, Wyoming. U.S. Treasury bonds weakened Thursday, sending the benchmark 10-year Treasury note yield up 2.4 basis points to 1.6046%. Rising bond yields can dull the luster of gold, which offers no yield. December gold fell $7.20, or 0.5%, to settle at $1,508.50 an ounce after trading as low as $1,502.10. Prices finished at the lowest for a most-active...

Gold sinks as bond yields climb

Gold futures headed lower Thursday as bond yields edged up, dimming some of the luster from the precious metal, with the Federal Reserve's annual symposium of central bankers getting underway in Jackson Hole, Wyo. December delivery was last down $12.10, or 0.8%, to reach $1,503.90 an ounce, after finishing Wednesday™s session flat. September silver lost 13 cents, or 0.7%, to $17.025 an ounce. The benchmark 10-year Treasury note added more than 3 basis points to around 1.61% early Thursday...

Gold Heads for Weekly Drop as Powell Speech Awaited

Gold is poised for the first weekly decline in a month as investors await a key address by Federal Reserve Chairman Jerome Powell at the annual Jackson Hole gathering on Friday, while mulling comments from other officials on monetary policy. Three Fed policy makers voiced their resistance to the notion that the U.S. economy needs lower interest rates, and a fourth said he wanted to avoid taking further action œunless we have to, foreshadowing a sharp debate with officials...

Trump Says He Wants Russia Back at G-7 Summits

U.S. President Donald Trump said Wednesday he wants Russia back at the Group of Seven summits of the world's leading economies, even though it still controls Ukraine's Crimean Peninsula. Moscow was booted from the group over its unilateral 2014 annexation of the peninsula. As the G-7 leaders head to the French Atlantic seaside town of Biarritz for their annual meeting this weekend, Trump said it would make sense for Russian President Vladimir Putin to be part of the group again. Trump...

Stocks fall as Fed members signal that a September rate cut is not certain

Stocks were lower on Thursday, giving up earlier gains as investors wondered whether the Federal Reserve will cut interest rates next month. The S&P 500 fell 0.3%. The Nasdaq Composite traded 0.7% lower. The Dow Jones Industrial Average chopped around the flatline after rallying as much as 186 points. Powell is set to deliver his speech as President Donald Trump continues attacking the U.S. central bank, pressuring it to lower rates. On Thursday, Trump tweeted: œThe Economy is doing...

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