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POPULAR NEWS
Gold prices recoup some of their recent losses ahead of U.S. jobs data

Gold futures finished higher Thursday, recouping much of the losses suffered a day earlier, as traders awaited monthly domestic employment data due at the end of the week, which may influence haven demand for the precious metal. Gold for February delivery on Comex added $2.90, or 0.2%, to settle at $1,483.10 an ounce, following a loss of 0.3% on Wednesday. March silver rose 14.3 cents, or 0.9%, to $17.059 an ounce, on the back of a 1.9% loss a day earlier. January platinum declined 0.1% to...

Oil Sputters After OPEC+ Fails to Nail Down New Output Target

Oil sputtered near $58 a barrel as the OPEC+ coalition failed to pin down the details of an agreement to adjust its official output target even after six hours of talks in Vienna. Futures were little changed in New York after gyrating throughout the previous session. While the Organization of Petroleum Exporting Countries is nearing a deal to cut production targets by 500,000 barrels a day, ministers left the cartel™s headquarters on Thursday without cementing an agreement....

Gold Steady as Investors Weigh Trade Hopes, U.S. Jobs

Gold was little changed after see-sawing this week as investors assessed the latest optimism surrounding progress on a trade deal between the U.S. and China, and a lower-than-expected U.S. jobs report. The two countries are moving closer to a phase-one pact despite tensions over Hong Kong and Xinjiang, according to a report Wednesday. That revived risk-on sentiment, which had been curbed earlier this week after President Donald Trump downplayed the urgency of an...

Gold edges lower after fall in U.S. weekly jobless claims

Gold futures lost ground Thursday, turning slightly lower after a fall in weekly U.S. jobless claims underpinned support for stocks and other risky assets, dulling the yellow metal's haven appeal. Gold for February delivery on Comex was off 70 cents, or less than 0.1%, at $, 479.50 an ounce, while March silver rose 1.4 cents, or 0.1%, to $16.93 an ounce. The Labor Department said the number of Americans who applied for first-time unemployment benefits fell to the lowest level in seven months...

Oil futures end mixed as traders await confirmation of deeper production cuts

Oil futures ended on a mixed note Thursday, with U.S. prices settling unchanged for the session and global prices higher, as traders awaited a decision on output from major oil producers, following reports that OPEC and its allies have recommended cutting production by another 500,000 barrels a day. West Texas Intermediate crude for January delivery on the New York Mercantile Exchange settled flat at $58.43 a barrel on the New York Mercantile Exchange. Prices climbed 4.2% on Wednesday to mark...

Trump to Headline Revamped July 4th Celebrations
Tuesday, 2 July 2019 23:37 WIB | GLOBAL |Global

America's businessman president plans to rebrand the Fourth of July by injecting himself into the celebration, showcasing the U.S. military, and relocating and extending the iconic fireworks show.

President Donald Trump is scheduled to address the nation from the steps of the Lincoln Memorial on Independence Day Thursday evening. A special VIP section will be established in the area and tickets to these premier spots will be given out by the White House.

The president has also directed the Pentagon to provide military vehicles, including tanks, for display at the celebrations. The order has sparked worries that the weight of the vehicles could damage the infrastructure on the National Mall and in the surrounding area.

The Fourth of July commemorates America™s 1776 declaration of independence from Britain and the establishment of the United States as an independent nation. Presidents in modern times have chosen to mark America's birthday by participating in events apart from  the main celebration on the National Mall.

And while Independence Day marks an important political event in the nation™s history, celebrations traditionally refrain from focusing on any particular political party or politician.

A new poll suggests most Americans are fine with the president giving a public speech on July 4. Eighty-one percent of Republicans, 55% of independents, and 27% of Democrats approve of Trump™s plans to speak on the National Mall.

However, with the 2020 presidential campaign in full swing, some historians fear the president is injecting partisan politics into this year™s festivities.

œAnd that doesn't mean that change is always bad, but it does mean it becomes a less democratic event, he says, œless democratic and more partisan. [The Fourth of July] is not about a particular party. It's not about a particular person. In some ways, it's a celebration of politics. It's a celebration of democracy.

Having a U.S. president take an active part in Independence Day celebrations changes the nature of the event, according to Jim Grossman, executive director of the American Historical Association.

Trump™s plans for the Fourth of July include extra fireworks ” first, from an area behind the Lincoln Memorial, followed by a second fireworks show launched from a park about two miles from the National Mall.

The traditional National Independence Day Parade and the œA Capitol Fourth concert on the West Lawn of the Capitol building will go on as usual.

Source : VOA

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POPULAR NEWS
Gold prices recoup some of their recent losses ahead of U.S. jobs data

Gold futures finished higher Thursday, recouping much of the losses suffered a day earlier, as traders awaited monthly domestic employment data due at the end of the week, which may influence haven demand for the precious metal. Gold for February delivery on Comex added $2.90, or 0.2%, to settle at $1,483.10 an ounce, following a loss of 0.3% on Wednesday. March silver rose 14.3 cents, or 0.9%, to $17.059 an ounce, on the back of a 1.9% loss a day earlier. January platinum declined 0.1% to...

Oil Sputters After OPEC+ Fails to Nail Down New Output Target

Oil sputtered near $58 a barrel as the OPEC+ coalition failed to pin down the details of an agreement to adjust its official output target even after six hours of talks in Vienna. Futures were little changed in New York after gyrating throughout the previous session. While the Organization of Petroleum Exporting Countries is nearing a deal to cut production targets by 500,000 barrels a day, ministers left the cartel™s headquarters on Thursday without cementing an agreement....

Gold Steady as Investors Weigh Trade Hopes, U.S. Jobs

Gold was little changed after see-sawing this week as investors assessed the latest optimism surrounding progress on a trade deal between the U.S. and China, and a lower-than-expected U.S. jobs report. The two countries are moving closer to a phase-one pact despite tensions over Hong Kong and Xinjiang, according to a report Wednesday. That revived risk-on sentiment, which had been curbed earlier this week after President Donald Trump downplayed the urgency of an...

Gold edges lower after fall in U.S. weekly jobless claims

Gold futures lost ground Thursday, turning slightly lower after a fall in weekly U.S. jobless claims underpinned support for stocks and other risky assets, dulling the yellow metal's haven appeal. Gold for February delivery on Comex was off 70 cents, or less than 0.1%, at $, 479.50 an ounce, while March silver rose 1.4 cents, or 0.1%, to $16.93 an ounce. The Labor Department said the number of Americans who applied for first-time unemployment benefits fell to the lowest level in seven months...

Oil futures end mixed as traders await confirmation of deeper production cuts

Oil futures ended on a mixed note Thursday, with U.S. prices settling unchanged for the session and global prices higher, as traders awaited a decision on output from major oil producers, following reports that OPEC and its allies have recommended cutting production by another 500,000 barrels a day. West Texas Intermediate crude for January delivery on the New York Mercantile Exchange settled flat at $58.43 a barrel on the New York Mercantile Exchange. Prices climbed 4.2% on Wednesday to mark...

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