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POPULAR NEWS
Gold Futures Post Their First Gain in 3 Sessions

Gold futures climbed on Monday to score their first gain in three sessions, moving back toward the nearly nine-year high they reached on Wednesday. Investors eyed the rising number of cases in the U.S., which lifted expectations for further central bank stimulus measures to offset the effects of the pandemic's hit to the economy. August gold rose $12.20, or 0.7%, to settle at $1,814.10 an ounce. Prices on Wednesday settled at $1,820.60, the highest for a most-active contract since Sept. 14,...

Gold Futures Settle with a Modest Loss

Gold futures posted a modest loss on Tuesday, holding ground above the key $1,800 an ounce mark. Gold "definitely saw some profit taking but it is more wait and see" ahead of the next big catalyst or move, said James Hatzigiannis, chief market strategist at Ploutus Capital Advisors. There are a number of bullish developments for prices, however, including the increases in cases of coronavirus, which is supportive for the haven metal, he said. August gold fell 70 cents, or 0.04%, to settle at...

Dollar Falls as U.S. Earning Season Kicks Off

The U.S. dollar edged lower on Monday as investors looked to domestic corporate earnings and upcoming retail data to gauge whether guarded optimism on the country's economic outlook is justified. The index that measures the dollar against a basket of six other major currencies - which often serves as a safe-haven for investors seeking high-quality assets in moments of market volatility - was down 0.31% in North American morning trade. The dollar ended its third week of losses on Friday as...

Hong Kong Stocks Close Higher (Review)

Hong Kong stocks finished Monday on a positive note as hopes for a virus vaccine overshadowed concerns about a fresh wave of infections in the financial hub. The Hang Seng Index added 0.17 percent, or 44.71 points, to 25,772.12. The benchmark Shanghai Composite Index climbed 1.77 percent, or 59.96 points, to 3,443.29 while the Shenzhen Composite Index on China's second exchange jumped 3.48 percent, or 78.39 points, to 2,329.40. Source : AFP

Oil Extends Drop on OPEC+ Taper Jitters and U.S.-China Tension

Oil dropped for a second day on expectations that OPEC+ will start winding down production cuts next month and as escalating tension between Washington and Beijing worsened sentiment across financial markets. Futures in New York fell below $40 a barrel after retreating 1.1% on Monday. OPEC+™s Joint Ministerial Monitoring Committee meets Wednesday and the group is expected to stick to its plan of tapering the cuts from August even as the coronavirus rages unabated in many...

Trump Meets Kim at DMZ, Crosses Into North Korea
Monday, 1 July 2019 11:06 WIB | GLOBAL |Global

Donald Trump became the first sitting U.S. president to enter North Korea Sunday, stepping across the border during a meeting at the demilitarized zone with Kim Jong Un.

After shaking hands with Kim at the Panmunjom border village, Trump walked across the military demarcation line separating the two Koreas. Kim and Trump then crossed the border back into South Korea.

Trump had said Saturday the meeting would only last two minutes. But what was expected to be a brief meeting turned into an impromptu summit lasting about 50 minutes.

When Trump emerged from the meeting, he announced he and Kim had agreed to form teams to restart working level talks. œThey will meet over the next few weeks and they're going to start a process and we™ll see what happens, Trump said.

Trump announced U.S. special envoy for North Korea Steve Biegun will continue to lead his negotiating team. Trump said North Korea œwas also putting someone in charge who we know and who we like, though he did not elaborate.

 After the Singapore summit, Trump also announced his deputies would soon start working level negotiations. But those talks soon broke down over disagreements about how to pace sanctions relief with North Korean steps to dismantle its nuclear weapons.

Source : VOA News

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POPULAR NEWS
Gold Futures Post Their First Gain in 3 Sessions

Gold futures climbed on Monday to score their first gain in three sessions, moving back toward the nearly nine-year high they reached on Wednesday. Investors eyed the rising number of cases in the U.S., which lifted expectations for further central bank stimulus measures to offset the effects of the pandemic's hit to the economy. August gold rose $12.20, or 0.7%, to settle at $1,814.10 an ounce. Prices on Wednesday settled at $1,820.60, the highest for a most-active contract since Sept. 14,...

Gold Futures Settle with a Modest Loss

Gold futures posted a modest loss on Tuesday, holding ground above the key $1,800 an ounce mark. Gold "definitely saw some profit taking but it is more wait and see" ahead of the next big catalyst or move, said James Hatzigiannis, chief market strategist at Ploutus Capital Advisors. There are a number of bullish developments for prices, however, including the increases in cases of coronavirus, which is supportive for the haven metal, he said. August gold fell 70 cents, or 0.04%, to settle at...

Dollar Falls as U.S. Earning Season Kicks Off

The U.S. dollar edged lower on Monday as investors looked to domestic corporate earnings and upcoming retail data to gauge whether guarded optimism on the country's economic outlook is justified. The index that measures the dollar against a basket of six other major currencies - which often serves as a safe-haven for investors seeking high-quality assets in moments of market volatility - was down 0.31% in North American morning trade. The dollar ended its third week of losses on Friday as...

Hong Kong Stocks Close Higher (Review)

Hong Kong stocks finished Monday on a positive note as hopes for a virus vaccine overshadowed concerns about a fresh wave of infections in the financial hub. The Hang Seng Index added 0.17 percent, or 44.71 points, to 25,772.12. The benchmark Shanghai Composite Index climbed 1.77 percent, or 59.96 points, to 3,443.29 while the Shenzhen Composite Index on China's second exchange jumped 3.48 percent, or 78.39 points, to 2,329.40. Source : AFP

Oil Extends Drop on OPEC+ Taper Jitters and U.S.-China Tension

Oil dropped for a second day on expectations that OPEC+ will start winding down production cuts next month and as escalating tension between Washington and Beijing worsened sentiment across financial markets. Futures in New York fell below $40 a barrel after retreating 1.1% on Monday. OPEC+™s Joint Ministerial Monitoring Committee meets Wednesday and the group is expected to stick to its plan of tapering the cuts from August even as the coronavirus rages unabated in many...

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