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POPULAR NEWS
Dollar Clings to Gains as Gulf Tensions Bolster Safe-Haven Bid

The dollar held recent gains on Monday as investors tempered some of their expectations for deep U.S. interest rate cuts this month and heightened Middle East tensions supported safe-haven assets. While currency market focus will mostly center on global central bank decisions scheduled for the next two weeks, investors are also watching for any developments in U.S.-China trade negotiations. Markets generally expect central banks to either cut rates or keep policy accommodative, starting with...

Hong Kong Stocks Start on Negative Note

Hong Kong stocks opened lower Monday morning following a negative lead from Wall Street on fading hopes for a deep Federal Reserve interest rate cut. The Hang Seng Index eased 0.53 percent, or 153.12 points, to 28,612.28. But the benchmark Shanghai Composite Index edged up 0.05 percent, or 1.59 points, to 2,925.79 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.14 percent, or 2.26 points, to 1,562.53. Source : AFP

Tokyo Stocks Open Lower

Tokyo stocks opened lower on Monday as Japan's ruling bloc retained its majority in the upper house election as widely expected, with focus now shifting to corporate earnings this week. The benchmark Nikkei 225 index was down 0.62 percent or 132.64 points at 21,336.54 in early trade, while the broader Topix index was down 0.59 percent or 9.31 points, at 1,558.10. Source: AFP

Gold Prices Rise on Rate Cut Expectations

Gold prices rose on Monday in Asia after landing a second-straight week of gains as traders expect a U.S. rate cut this month. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange inched up 0.1% to $1,427.75 by 12:15 AM ET (04:15 GMT). The yellow metal was supported by IMF™s comments that the U.S. dollar is overvalued, and U.S. President Donald Trump™s call for lower interest rates. On Friday, the President accused the Federal Reserve of...

Asia Stocks Dip on Likely Smaller Fed Rate Cut, Oil Gains

Asia stocks eased on Monday as investors reduced expectations of an aggressive interest rate cut by the Federal Reserve, while heightened Middle East tensions following an Iranian seizure of a British tanker lifted crude oil prices. MSCI™s broadest index of Asia-Pacific shares outside Japan was down 0.1%. South Korea's shed 0.3%, Australian stocks lost 0.2% and Japan's Nikkei fell 0.5%. Global equity markets had risen briefly towards the end of last week after dovish comments by New York...

Mueller to Testify in Open Congressional Hearing
Thursday, 27 June 2019 01:19 WIB | GLOBAL |Global

Former Special counsel Robert Mueller has agreed to provide open testimony before the U.S. House Judiciary Committee and the House Intelligence Committee next month.

The chairmen of the two panels, Rep. Jerrold Nadler and Rep. Adam Schiff, announced in a letter late Tuesday that Mueller would appear July 17, and that they and all Americans looked forward to hearing from him.

Mueller led a nearly two-year investigation into Russian interference in the 2016 election and allegations that President Donald Trump obstructed justice by trying to shut down the probe.

He issued a report, a redacted version of which was made public in April, that concluded the Trump campaign had not colluded with Russia during the election, but reached no conclusion on the question of obstruction of justice.

Trump has been highly critical of the process, repeatedly calling the investigation a "witch hunt."  His reaction shortly after Tuesday's announcement came in the form of a tweet: "Presidential Harassment!"

Mueller's only public comments to this point have been at a news conference in May during which he read a prepared statement, but took no questions.

Source : VOA

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POPULAR NEWS
Dollar Clings to Gains as Gulf Tensions Bolster Safe-Haven Bid

The dollar held recent gains on Monday as investors tempered some of their expectations for deep U.S. interest rate cuts this month and heightened Middle East tensions supported safe-haven assets. While currency market focus will mostly center on global central bank decisions scheduled for the next two weeks, investors are also watching for any developments in U.S.-China trade negotiations. Markets generally expect central banks to either cut rates or keep policy accommodative, starting with...

Hong Kong Stocks Start on Negative Note

Hong Kong stocks opened lower Monday morning following a negative lead from Wall Street on fading hopes for a deep Federal Reserve interest rate cut. The Hang Seng Index eased 0.53 percent, or 153.12 points, to 28,612.28. But the benchmark Shanghai Composite Index edged up 0.05 percent, or 1.59 points, to 2,925.79 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.14 percent, or 2.26 points, to 1,562.53. Source : AFP

Tokyo Stocks Open Lower

Tokyo stocks opened lower on Monday as Japan's ruling bloc retained its majority in the upper house election as widely expected, with focus now shifting to corporate earnings this week. The benchmark Nikkei 225 index was down 0.62 percent or 132.64 points at 21,336.54 in early trade, while the broader Topix index was down 0.59 percent or 9.31 points, at 1,558.10. Source: AFP

Gold Prices Rise on Rate Cut Expectations

Gold prices rose on Monday in Asia after landing a second-straight week of gains as traders expect a U.S. rate cut this month. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange inched up 0.1% to $1,427.75 by 12:15 AM ET (04:15 GMT). The yellow metal was supported by IMF™s comments that the U.S. dollar is overvalued, and U.S. President Donald Trump™s call for lower interest rates. On Friday, the President accused the Federal Reserve of...

Asia Stocks Dip on Likely Smaller Fed Rate Cut, Oil Gains

Asia stocks eased on Monday as investors reduced expectations of an aggressive interest rate cut by the Federal Reserve, while heightened Middle East tensions following an Iranian seizure of a British tanker lifted crude oil prices. MSCI™s broadest index of Asia-Pacific shares outside Japan was down 0.1%. South Korea's shed 0.3%, Australian stocks lost 0.2% and Japan's Nikkei fell 0.5%. Global equity markets had risen briefly towards the end of last week after dovish comments by New York...

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