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POPULAR NEWS
Gold Edges Up On Chinese Worry Over Trump Impeachment

Gold was back on track to being a hedge to the trade war on Monday after talk of Beijing™s anxiety over President Donald Trump™s impeachment proceedings pricked the prospective U.S.-China trade bubble. Both bullion and futures of gold recovered from their Friday dip to attempt a return to the $1,480 mark and the bigger $1,500 target as a risk-off mode prevailed across markets. Wall Street indices, however, set new highs after the Trump administration granted a 90-day extension for U.S....

Gold Holds Steady As Trump Warns China on Trade Deal

President Donald Trump is warning China to sign on the dotted line by Dec. 15 and the gold market is listening more than ever. As hedge to the world™s financial and political woes, the yellow metal has been recovering from last week™s battering on suggestions over the past two days that China may not come to the table on a trade deal with the White House, as it tries to wait out Trump™s impeachment inquiry proceedings in the U.S. Congress. Gold futures for December delivery on New...

Hong Kong stocks start week with gains (Review)

Hong Kong stocks rose more than one percent Monday, staging a rebound after losing around five percent last week, with trade optimism trumping worries about violent protests in the city. The Hang Seng index jumped 1.35 percent, or 354.43 points, to 26,681.09. The benchmark Shanghai Composite Index rose 0.62 percent, or 17.86 points, to 2,909.20, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.72 percent, or 11.49 points, to 1,617.19. Source : AFP

U.S. Dollar Falls as Trade Deal Uncertainty Spreads

The U.S. dollar fell on Monday after CNBC reported that Chinese officials are pessimistic that a trade deal will be signed. The report, which cited government sources, said the bleak outlook was due to U.S. President Donald Trump™s reluctance to roll back tariffs. China has been pushing for the two sides to remove tariffs as they work on a phase one trade deal. Trump has said that he has not agreed to end tariffs, causing uncertainty on whether or not there will be a deal. Since then, both...

Oil Futures Mark Lowest Settlement of The Month So Far

Oil futures declined on Tuesday for a second consecutive session, marking the lowest settlement so far this month and sending U.S. prices below their 50-day moving average. Expectations for a fourth consecutive weekly rise in U.S. crude supplies and a report from Reuters that said major oil exporter Russia wasn't likely to advocate for deeper cuts during a key meeting of major oil producers in December pressured prices for oil. West Texas Intermediate crude for December delivery lost $1.84,...

US Senate Shuts Out Efforts to Block US Arms Sales to Bahrain, Qatar
Friday, 14 June 2019 11:10 WIB | GLOBAL |AmerikaGlobal

The US Senate on Thursday (13/6) about the rejection of arms sales from Bahrain and Qatar, in the midst of continuing to demand intensive sales of weapons for US allies in the Middle East.

The Senate voted 43-56 which was rejected by Bahrain's resolution from the Foreign Relations Committee and approved when the full assembly. The Senate also voted 42-57 which was rejected by the resolution imposed with Qatar.

The bill issued by Republican Senator Rand Paul of Kentucky was rejected by the Trump administration's decision, which was approved in May, to sell US missile systems to Bahrain and helicopters to Qatar, each valued at around $ 3 billion.

"The Middle East is a hot area and continues to be a threat," Paul said demanding the Senate vote. "I think it is wrong to channel weapons to conflicts that have been going on for a century," he said.

Paul said weapons sent to the Middle East could end up in the hands of American enemies.

"Until now, Iran still has some US weapons, the remaining weapons for the Shah, the former Iranian leader supporting the US that was overthrown in 1979. In Iraq, some weapons to support Iran, there is still a compilation of us fighting Saddam Hussein. "Against the Taliban [after the 9-11 attacks by 2001, some of the weapons we gave to the Mujahideen against Russia (in the 1980s) are still there," Paul added.

Last year, the Senate also foiled the efforts of Senator Rand Paul to divert the sale of the rocket system to Bahrain.

Source : VOA

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POPULAR NEWS
Gold Edges Up On Chinese Worry Over Trump Impeachment

Gold was back on track to being a hedge to the trade war on Monday after talk of Beijing™s anxiety over President Donald Trump™s impeachment proceedings pricked the prospective U.S.-China trade bubble. Both bullion and futures of gold recovered from their Friday dip to attempt a return to the $1,480 mark and the bigger $1,500 target as a risk-off mode prevailed across markets. Wall Street indices, however, set new highs after the Trump administration granted a 90-day extension for U.S....

Gold Holds Steady As Trump Warns China on Trade Deal

President Donald Trump is warning China to sign on the dotted line by Dec. 15 and the gold market is listening more than ever. As hedge to the world™s financial and political woes, the yellow metal has been recovering from last week™s battering on suggestions over the past two days that China may not come to the table on a trade deal with the White House, as it tries to wait out Trump™s impeachment inquiry proceedings in the U.S. Congress. Gold futures for December delivery on New...

Hong Kong stocks start week with gains (Review)

Hong Kong stocks rose more than one percent Monday, staging a rebound after losing around five percent last week, with trade optimism trumping worries about violent protests in the city. The Hang Seng index jumped 1.35 percent, or 354.43 points, to 26,681.09. The benchmark Shanghai Composite Index rose 0.62 percent, or 17.86 points, to 2,909.20, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.72 percent, or 11.49 points, to 1,617.19. Source : AFP

U.S. Dollar Falls as Trade Deal Uncertainty Spreads

The U.S. dollar fell on Monday after CNBC reported that Chinese officials are pessimistic that a trade deal will be signed. The report, which cited government sources, said the bleak outlook was due to U.S. President Donald Trump™s reluctance to roll back tariffs. China has been pushing for the two sides to remove tariffs as they work on a phase one trade deal. Trump has said that he has not agreed to end tariffs, causing uncertainty on whether or not there will be a deal. Since then, both...

Oil Futures Mark Lowest Settlement of The Month So Far

Oil futures declined on Tuesday for a second consecutive session, marking the lowest settlement so far this month and sending U.S. prices below their 50-day moving average. Expectations for a fourth consecutive weekly rise in U.S. crude supplies and a report from Reuters that said major oil exporter Russia wasn't likely to advocate for deeper cuts during a key meeting of major oil producers in December pressured prices for oil. West Texas Intermediate crude for December delivery lost $1.84,...

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