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POPULAR NEWS
Gold Prices Settle Slightly Lower, Then Extend Losses After Fed Meeting Minutes

Gold prices gave up the bulk of their losses on Wednesday to finish just a dime lower, finding support after Reuters reported that phase one of a U.S.-China trade deal might not be reached this year. That lifted haven demand for the precious metal. Prices then moved even lower as minutes from the Federal Reserve™s October meeting, released after the gold price settlement, showed that Fed officials were more optimistic about the economic outlook and were against using negative rates in the...

Gold Gains as Souring US-China Relations Dent Risk Appetite

Gold prices rose to their highest in nearly two weeks on Wednesday as U.S. Senate measures on Hong Kong posed a potential roadblock for a trade deal between the United States and China, denting appeal for riskier assets. Spot gold was up 0.3% at $1,476.50 an ounce and U.S. gold futures rose 0.2% to $1,477. The U.S. Senate passed two bills backing human rights in Hong Kong and banning export of certain munitions to the region™s police forces. China condemned the move and called for...

Gold Steady Amid U.S.-China Tension Before Fed Minutes

Gold was steady as investors weighed latest developments on the trade front ahead of the release of minutes from the last Federal Reserve meeting later Wednesday. The U.S. Senate unanimously passed a bill Tuesday aimed at supporting protesters in Hong Kong and warning China against a violent suppression of the demonstrations, drawing a rebuke from authorities in Beijing and potentially complicating trade talks between the two countries. China on Wednesday reiterated a threat to...

U.S. Dollar Flat as Tensions With China Rise Over Hong Kong

The U.S. dollar was flat on Wednesday ahead of the expected release of the Federal Reserve meeting minutes and as tensions between Washington and Beijing rose. China took offense to the U.S. Senate passing legislation that backed Hong Kong protesters and would ban the export of items like tear gas and rubber bullets to the city's police force, as conflict between the two sides escalated this week. The news added to jitters after U.S. President Donald Trump reiterated that he would raise...

Hong Kong stocks end with another strong rally

Hong Kong stocks enjoyed another big rally Tuesday as investors remain confident of a China-US trade deal, while the protests that hammered the city last week show signs of subsiding. The Hang Seng index climbed 1.55 percent, or 412.71 points, to 27,093.80, having jumped 1.35 percent on Monday. The benchmark Shanghai Composite Index rose 0.85 percent, or 24.79 points, to 2,933.99 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 1.83 percent, or 29.61...

Mexican Senate Passes New Trade Deal with US, Canada
Thursday, 20 June 2019 17:11 WIB | GLOBAL |Global

The Mexican Senate overwhelmingly ratified the new trade deal with Canada and the United States despite misgivings from liberals and tensions with the U.S. over immigration.

Lawmakers passed the measure Wednesday 114 to 4. Mexico is the first country to approve the United States-Mexico-Canada Agreement the replacement for the 1994 North American Free Trade Agreement.

U.S. President Donald Trump had called NAFTA one of "the worst trade deals ever made," saying it killed U.S. jobs and gave all the advantages to Mexico.

The new agreement is almost identical to the old one. The main differences include the condition that cars exported to the U.S. must contain more U.S.-made parts, and U.S. dairy farmers will be able to sell products to Canada.

Some Mexican lawmakers say they feel Trump bullied Mexico into accepting a new trade deal, but they voted for it because they said there was no alternative.

The Canadian parliament has not voted on it yet and the agreement faces opposition in the Democratic-led U.S. House.

Source : VOA

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POPULAR NEWS
Gold Prices Settle Slightly Lower, Then Extend Losses After Fed Meeting Minutes

Gold prices gave up the bulk of their losses on Wednesday to finish just a dime lower, finding support after Reuters reported that phase one of a U.S.-China trade deal might not be reached this year. That lifted haven demand for the precious metal. Prices then moved even lower as minutes from the Federal Reserve™s October meeting, released after the gold price settlement, showed that Fed officials were more optimistic about the economic outlook and were against using negative rates in the...

Gold Gains as Souring US-China Relations Dent Risk Appetite

Gold prices rose to their highest in nearly two weeks on Wednesday as U.S. Senate measures on Hong Kong posed a potential roadblock for a trade deal between the United States and China, denting appeal for riskier assets. Spot gold was up 0.3% at $1,476.50 an ounce and U.S. gold futures rose 0.2% to $1,477. The U.S. Senate passed two bills backing human rights in Hong Kong and banning export of certain munitions to the region™s police forces. China condemned the move and called for...

Gold Steady Amid U.S.-China Tension Before Fed Minutes

Gold was steady as investors weighed latest developments on the trade front ahead of the release of minutes from the last Federal Reserve meeting later Wednesday. The U.S. Senate unanimously passed a bill Tuesday aimed at supporting protesters in Hong Kong and warning China against a violent suppression of the demonstrations, drawing a rebuke from authorities in Beijing and potentially complicating trade talks between the two countries. China on Wednesday reiterated a threat to...

U.S. Dollar Flat as Tensions With China Rise Over Hong Kong

The U.S. dollar was flat on Wednesday ahead of the expected release of the Federal Reserve meeting minutes and as tensions between Washington and Beijing rose. China took offense to the U.S. Senate passing legislation that backed Hong Kong protesters and would ban the export of items like tear gas and rubber bullets to the city's police force, as conflict between the two sides escalated this week. The news added to jitters after U.S. President Donald Trump reiterated that he would raise...

Hong Kong stocks end with another strong rally

Hong Kong stocks enjoyed another big rally Tuesday as investors remain confident of a China-US trade deal, while the protests that hammered the city last week show signs of subsiding. The Hang Seng index climbed 1.55 percent, or 412.71 points, to 27,093.80, having jumped 1.35 percent on Monday. The benchmark Shanghai Composite Index rose 0.85 percent, or 24.79 points, to 2,933.99 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 1.83 percent, or 29.61...

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