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POPULAR NEWS
Gold Finishes Higher After Cooler-Than-Expected Retail-Sales Report

Gold prices ended higher on Wednesday as investors watched global political news surrounding trade and Brexit, and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. Moves for the precious metal came as Brexit and the "usual worries persist" on Turkey, the Middle East, U.S. politics and the global economic outlook, as well as on uncertainty tied to the continued tariff talks with China, said George Gero, managing director, at RBC Wealth...

Gold Posts Lowest Close So Far This Month as Investors Weigh Trade Deal, Earnings Season

Gold prices declined on Tuesday to mark their lowest settlement month to date, as investors awaited clarity on U.S.-China trade talks and as earnings season starts on a positive note. Gold for December delivery on Comex fell $14.10, or 10.9%, to settle at $1,483.50 an ounce, with prices for the most-active contract logging their lowest settlement since Sept. 30, according to FactSet data. December silver gave up 32.6 cents, or 1.8%, to finish at $17.384 an ounce. The yield on the 10-year...

Hong Kong stocks end lowers (Review)

Hong Kong shares closed with slight losses Tuesday following three days of gains, while investors were fretting over the limited scope and lack of detail in last week's mini China-US trade deal. The Hang Seng Index eased 0.07 percent, or 17.92 points, to 26,503.93. The benchmark Shanghai Composite Index lost 0.56 percent, or 16.83 points, to 2,991.05, and the Shenzhen Composite Index -- which tracks stocks on China's second exchange -- slipped 1.11 percent, or 18.38 points, to...

Hong Kong stocks closed higher (Review)

Hong Kong shares closed higher on Wednesday, in line with a rally across Asia and after shrugging off a mid-morning drop when the city's leader was forced to briefly abandon a policy speech owing to heckling by opposition lawmakers.The Hang Seng Index added 0.61 percent, or 160.35 points, to 26,664.28. The benchmark Shanghai Composite Index dropped 0.41 percent, or 12.34 points, to 2,978.71, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.38...

Oil Declines as Investors Focus on Gloomy Economic Outlook

Crude fell for a second day amid a weakening global growth outlook and abundant crude supplies in the world™s largest economy. Futures slid 1.5% in New York on Tuesday. Hopes for a resolution of key issues in the U.S.-China trade dispute are fading, souring prospects for a revival in energy demand. Meanwhile, the International Monetary Fund cut its 2019 global growth forecast for a fifth time. Aside from the U.S.-China trade war, investors are also focused on supply increases in the U.S....

Erdogan Does Not Expect US Sanctions on Turkey Over Russia Deal
Thursday, 20 June 2019 23:46 WIB | GLOBAL |Global

Turkish President Tayyip Erdogan said on Thursday he did not expect the United States to impose sanctions on Turkey over its planned purchase of a Russian missile defense system, but would retaliate if it did.

Speaking at a rare news conference for foreign media in Istanbul, Erdogan repeated that the purchase of Russian S-400 systems was a 'done deal' and said the United States should think carefully before imposing sanctions on Turkey, a NATO member.

Turkey has been at loggerheads with the United States for months over Ankara's planned purchase of the Russian missile defense system, which Washington says is incompatible with NATO's defense network and could compromise its F-35 fighter jets ” an aircraft Turkey is helping build and planning to buy.

The United States is threatening to impose sanctions on Turkey unless it scraps the plan to buy the Russian S-400s. Erdogan has refused to back down. On Thursday he said deliveries are likely to start within the first half of July.

Ankara has been pinning hopes on Trump to waive sanctions. Erdogan said while he enjoyed good ties with Trump, he could not say the same about relations between Ankara and other U.S. officials.

Source : VOA News

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POPULAR NEWS
Gold Finishes Higher After Cooler-Than-Expected Retail-Sales Report

Gold prices ended higher on Wednesday as investors watched global political news surrounding trade and Brexit, and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. Moves for the precious metal came as Brexit and the "usual worries persist" on Turkey, the Middle East, U.S. politics and the global economic outlook, as well as on uncertainty tied to the continued tariff talks with China, said George Gero, managing director, at RBC Wealth...

Gold Posts Lowest Close So Far This Month as Investors Weigh Trade Deal, Earnings Season

Gold prices declined on Tuesday to mark their lowest settlement month to date, as investors awaited clarity on U.S.-China trade talks and as earnings season starts on a positive note. Gold for December delivery on Comex fell $14.10, or 10.9%, to settle at $1,483.50 an ounce, with prices for the most-active contract logging their lowest settlement since Sept. 30, according to FactSet data. December silver gave up 32.6 cents, or 1.8%, to finish at $17.384 an ounce. The yield on the 10-year...

Hong Kong stocks end lowers (Review)

Hong Kong shares closed with slight losses Tuesday following three days of gains, while investors were fretting over the limited scope and lack of detail in last week's mini China-US trade deal. The Hang Seng Index eased 0.07 percent, or 17.92 points, to 26,503.93. The benchmark Shanghai Composite Index lost 0.56 percent, or 16.83 points, to 2,991.05, and the Shenzhen Composite Index -- which tracks stocks on China's second exchange -- slipped 1.11 percent, or 18.38 points, to...

Hong Kong stocks closed higher (Review)

Hong Kong shares closed higher on Wednesday, in line with a rally across Asia and after shrugging off a mid-morning drop when the city's leader was forced to briefly abandon a policy speech owing to heckling by opposition lawmakers.The Hang Seng Index added 0.61 percent, or 160.35 points, to 26,664.28. The benchmark Shanghai Composite Index dropped 0.41 percent, or 12.34 points, to 2,978.71, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.38...

Oil Declines as Investors Focus on Gloomy Economic Outlook

Crude fell for a second day amid a weakening global growth outlook and abundant crude supplies in the world™s largest economy. Futures slid 1.5% in New York on Tuesday. Hopes for a resolution of key issues in the U.S.-China trade dispute are fading, souring prospects for a revival in energy demand. Meanwhile, the International Monetary Fund cut its 2019 global growth forecast for a fifth time. Aside from the U.S.-China trade war, investors are also focused on supply increases in the U.S....

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