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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...

Western Balkan Nations Press EU Aspirations at Poland Summit
Friday, 5 July 2019 11:02 WIB | GLOBAL |Global

Government ministers from some European Union nations sought Thursday to reassure their partners in the Western Balkans during a meeting in Poland that their aspirations to join the EU have full backing in the club, despite symptoms of a loss of momentum.

German Minister of State for Europe, Michael Roth, said Berlin stands firmly by the accession process of all Western Balkans nations "because for us the Western Balkans is not the backyard of the European Union, but the inner courtyard. We are all responsible for ensuring that the prospect of EU accession remains concrete."

Speaking in the Polish city of Poznan, which is hosting the meeting, Roth urged much more effort in that direction and the opening of accession negotiations with North Macedonia and Albania.

Foreign, interior and economy ministers from membership candidates Montenegro, Serbia, North Macedonia and Albania, as well as potential candidates Bosnia and Kosovo, are seeking such reassurance after some European leaders raised doubts about the EU's openness to expanding.

Roth said Thursday that "only a concrete perspective that is credible and that motivates the people locally, that involves civil society, will ultimately make the necessary reforms possible" and will pave the accession road.

He said the process will stimulate development in various walks of life in the region, but that above all "it is also about regional cooperation and reconciliation," like in the case of difficult dialogue between Serbia and Kosovo, whose relations are marked by bloodshed.

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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