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POPULAR NEWS
Gold prices end lower, snap multiday rally

Gold futures finished lower on Monday, following a four-session streak of gains, pressured by uncertainty ahead of a meeting of the U.S. Federal Reserve that's expected to offer hints on the central bank's plan on interest rates. International trade clashes and a concern over a weakening global economy, however, limited losses for the haven metal. The yellow metal for August delivery fell $1.60, or 0.1%, to settle at $1,342.90, after closing Friday action with a weekly loss of 0.1% based on...

Gold futures settle at a 14-month high

Gold futures climbed Tuesday to settle at their highest in 14 months, as comments from European Central Bank President Mario Draghi set the stage for lower interest rates, ahead of the U.S. Federal Reserve's monetary policy decision Wednesday. "We certainly don't think the Fed will cut [rates], although it is very likely to prepare the markets for a July trim," said Fawad Razaqzada, technical analyst at Forex.com. August gold rose $7.80, or 0.6%, to settle at $1,350.70 on Comex-the highest...

Gold poised to snap 4-day rally as metal hits a wall at around $1,370

Gold futures retreated on Monday, after a multiday rally as bullion, which has benefited from concerns about international trade clashes and a weakening global economy. The yellow metal for August delivery fell $7.50, or 0.6%, to $1,337, after closing Friday action wit a weekly loss of 0.1% based on the most-active contract prices as of June 7, FactSet data show. Prices on Friday had climbed to as high as $1,362.20, the highest since April 2018. Some commodity strategists say the precious...

Oil extends last week's sharp retreat as demand worries sour sentiment

Crude oil futures prices fell Monday, with investors digesting worrisome demand updates issued last week and keeping tabs on typically price-supportive risks percolating in the Middle East. On Monday, West Texas Intermediate crude for July delivery fell 58 cents, or 1.1%, to settle at $51.93 a barrel on the New York Mercantile Exchange, following two consecutive session gains. Meanwhile, August Brent crude dropped $1.07, or 1.7%, to $60.94 a barrel on ICE Futures Europe in Monday action....

Asia Stocks Capped Ahead of Fed, Oil on Defensive

Investor caution ahead of the Federal Reserve™s interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions. MSCI™s broadest index of Asia-Pacific shares outside Japan inched up 0.05%. Australian stocks added 0.1% while Japan™s Nikkei dipped 0.05%. The Fed, facing fresh demands by U.S. President Donald Trump to cut interest rates, begins a two-day meeting later on...

Iran Releases Lebanese Businessman Jailed on Spy Charges
Wednesday, 12 June 2019 17:28 WIB | GLOBAL |Global

Iran has released a Lebanese businessman who had been detained since 2015 on charges of spying for the United States.

Nizar Zakka, who also has U.S. residency, was released Tuesday and flown to Beirut, according to Iran's judiciary spokesman Gholamhossein Esmaili.

Zakka was sentenced to 10 years in prison and hit with fine of more than $4 million "for collaborating against the state" of Iran. 

Zakka also denied reports that his release was part of a wider deal but suggested that it had helped avert further escalation in the region. "The initiative, from beginning to end, was born in Lebanon. ... But I won't deny that this initiative had positive results on the region and appears to have stopped much of what might have happened,'' he told reporters.

When Zakka was arrested, Iranian state media said he was accused of "deep ties to the military and intelligence services of the United States. Iranian officials said Zakka's release was partly due to the country's close relations with Lebanon's Hezbollah group.

Source : VOA

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POPULAR NEWS
Gold prices end lower, snap multiday rally

Gold futures finished lower on Monday, following a four-session streak of gains, pressured by uncertainty ahead of a meeting of the U.S. Federal Reserve that's expected to offer hints on the central bank's plan on interest rates. International trade clashes and a concern over a weakening global economy, however, limited losses for the haven metal. The yellow metal for August delivery fell $1.60, or 0.1%, to settle at $1,342.90, after closing Friday action with a weekly loss of 0.1% based on...

Gold futures settle at a 14-month high

Gold futures climbed Tuesday to settle at their highest in 14 months, as comments from European Central Bank President Mario Draghi set the stage for lower interest rates, ahead of the U.S. Federal Reserve's monetary policy decision Wednesday. "We certainly don't think the Fed will cut [rates], although it is very likely to prepare the markets for a July trim," said Fawad Razaqzada, technical analyst at Forex.com. August gold rose $7.80, or 0.6%, to settle at $1,350.70 on Comex-the highest...

Gold poised to snap 4-day rally as metal hits a wall at around $1,370

Gold futures retreated on Monday, after a multiday rally as bullion, which has benefited from concerns about international trade clashes and a weakening global economy. The yellow metal for August delivery fell $7.50, or 0.6%, to $1,337, after closing Friday action wit a weekly loss of 0.1% based on the most-active contract prices as of June 7, FactSet data show. Prices on Friday had climbed to as high as $1,362.20, the highest since April 2018. Some commodity strategists say the precious...

Oil extends last week's sharp retreat as demand worries sour sentiment

Crude oil futures prices fell Monday, with investors digesting worrisome demand updates issued last week and keeping tabs on typically price-supportive risks percolating in the Middle East. On Monday, West Texas Intermediate crude for July delivery fell 58 cents, or 1.1%, to settle at $51.93 a barrel on the New York Mercantile Exchange, following two consecutive session gains. Meanwhile, August Brent crude dropped $1.07, or 1.7%, to $60.94 a barrel on ICE Futures Europe in Monday action....

Asia Stocks Capped Ahead of Fed, Oil on Defensive

Investor caution ahead of the Federal Reserve™s interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions. MSCI™s broadest index of Asia-Pacific shares outside Japan inched up 0.05%. Australian stocks added 0.1% while Japan™s Nikkei dipped 0.05%. The Fed, facing fresh demands by U.S. President Donald Trump to cut interest rates, begins a two-day meeting later on...

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