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POPULAR NEWS
Gold Heads for 2nd Weekly Gain as Trade, Jobs in Focus

Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for the key monthly U.S. jobs data due later Friday. President Donald Trump said that talks were œmoving along well, although a news report said that Washington and Beijing remained at odds over agricultural purchases. Investors will likely focus on any trade-related headlines in the lead up to Dec. 15, which is when the U.S. has pledged to impose...

Gold Futures Drop as U.S. Payrolls Rise More Than Expected

Gold futures plunged, erasing a weekly gain, as stronger-than-expected U.S. jobs data helped ease economic concerns that had fueled demand for the metal as a haven. Payrolls jumped 266,000, the most since January, according to a government report Friday that topped all estimates in a Bloomberg survey calling for 180,000 jobs. Gold has struggled to sustain recent rallies as resilient U.S. economic data and bets on progress toward a U.S.-China trade deal limit demand for the...

Gold falls 1% after robust US jobs data

Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a new record high. U.S. job growth increased by the most in 10 months in November, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump. Spot gold slipped 1% to $1,461.01 per ounce. U.S. gold futures settled down 1.1% at $1,465.1 per...

Gold Heads for 2nd Weekly Gain as Trade, Jobs in Focus

Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for key monthly U.S. jobs data due later Friday. China said Friday it's in the process of waiving retaliatory tariffs on imports of U.S. pork and soy by domestic companies, a procedural step that may also signal a broader trade agreement with the U.S. is drawing closer. President Donald Trump said that talks were œmoving along well. Investors are...

Tokyo Stocks Edge Up On Hopes For US-China Trade Deal

Tokyo stocks inched up Friday on continued hopes for a US-China trade deal, with investors cautious thanks to outstanding uncertainties, including Britain's general election next week. The benchmark Nikkei 225 index rose 0.23 per cent, or 54.31 points, to close at 23,354.40, while the broader Topix index was up 0.11 per cent, or 1.95 points, at 1,713.36. Source : AFP

US, Mexican Officials to Meet on Immigration and Tariff Threat
Monday, 3 June 2019 23:58 WIB | GLOBAL |Global

As U.S. and Mexican teams launch talks this week in Washington, U.S. President Donald Trump says he is "really okay" proceeding with his threat to impose tariffs on Mexican goods unless Mexico does more to cut the number of Central American migrants reaching the border.

"Everyone is coming through Mexico -- including drugs, including human trafficking -- and we're going to stop it or we're not going to do business and that's going to be it. It's very simple," Trump told reporters late Sunday."We'll see what can be done. But if it's not done, you know what we're going to be doing."

U.S. Commerce Secretary Wilbur Ross and Mexican Economy Secretary Graciela Marquez lead off with talks Monday, and there is a scheduled meeting Wednesday between U.S. Secretary of State Mike Pompeo and Mexican Foreign Relations Secretary Marcelo Ebrard.

Ebrard said he will be "firm and defend the dignity of Mexico."

The Mexican delegation is set to lay out more of its position for the talks Monday morning at a news conference.

But as Trump reiterated his willingness to go forward with the tariff plan, Mexican President Andres Manuel Lopez Obrador said his government is a friend of the U.S. government, that he wants to remain a friend of Trump, and that the Mexican people are friends with the people of the United States.

He has called for dialogue in resolving tensions rather than "coercive measures."

Source : VOA

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POPULAR NEWS
Gold Heads for 2nd Weekly Gain as Trade, Jobs in Focus

Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for the key monthly U.S. jobs data due later Friday. President Donald Trump said that talks were œmoving along well, although a news report said that Washington and Beijing remained at odds over agricultural purchases. Investors will likely focus on any trade-related headlines in the lead up to Dec. 15, which is when the U.S. has pledged to impose...

Gold Futures Drop as U.S. Payrolls Rise More Than Expected

Gold futures plunged, erasing a weekly gain, as stronger-than-expected U.S. jobs data helped ease economic concerns that had fueled demand for the metal as a haven. Payrolls jumped 266,000, the most since January, according to a government report Friday that topped all estimates in a Bloomberg survey calling for 180,000 jobs. Gold has struggled to sustain recent rallies as resilient U.S. economic data and bets on progress toward a U.S.-China trade deal limit demand for the...

Gold falls 1% after robust US jobs data

Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a new record high. U.S. job growth increased by the most in 10 months in November, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump. Spot gold slipped 1% to $1,461.01 per ounce. U.S. gold futures settled down 1.1% at $1,465.1 per...

Gold Heads for 2nd Weekly Gain as Trade, Jobs in Focus

Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for key monthly U.S. jobs data due later Friday. China said Friday it's in the process of waiving retaliatory tariffs on imports of U.S. pork and soy by domestic companies, a procedural step that may also signal a broader trade agreement with the U.S. is drawing closer. President Donald Trump said that talks were œmoving along well. Investors are...

Tokyo Stocks Edge Up On Hopes For US-China Trade Deal

Tokyo stocks inched up Friday on continued hopes for a US-China trade deal, with investors cautious thanks to outstanding uncertainties, including Britain's general election next week. The benchmark Nikkei 225 index rose 0.23 per cent, or 54.31 points, to close at 23,354.40, while the broader Topix index was up 0.11 per cent, or 1.95 points, at 1,713.36. Source : AFP

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