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POPULAR NEWS
Strong U.S. Jobs Data Supports Dollar as Market Looks to U.S.-China Trade Deal

The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in the U.S.-China trade war. The dollar index stood almost flat at 97.704 in early Asian trade on Monday, after rising 0.3% on Friday. The euro traded at $1.10575 , after hitting a one-week low of $1.10395 on Friday. The dollar changed hands at 108.57 yen . It had lifted to 108.92 yen on the U.S. jobs data before losing...

Gold Holds Drop as Equities Rally on Solid U.S. Jobs

Gold held a decline after a better-than-expected U.S. payrolls report on Friday led to a surge in equities, damping demand for haven assets. Job gains roared back in November and wages topped estimates, giving the Federal Reserve more reason to hold interest rates steady after three straight cuts. Payrolls jumped 266,000 last month, the most since January, according to a government report that topped all forecasts in a Bloomberg survey. In focus this week are the Fed™s and...

Tokyo: Stocks Open Higher With Eyes on Key Global Events

Tokyo stocks opened higher on Monday extending rallies on Wall Street after strong jobs data, as investors closely watched key events this week including central bank meetings and the UK elections. The benchmark Nikkei 225 index climbed 0.34 per cent or 79.11 points to 23,433.51 in early trade, while the broader Topix index was up 0.36 per cent or 6.11 points at 1,719.47. Source : AFP

Oil Drops From 12-Week High as Demand Woes Overshadow Output Cut

Oil retreated from a 12-week high as optimism spurred by Saudi Arabia's surprise output cut was overshadowed by demand concerns. West Texas Intermediate for January delivery fell 28 cents, or 0.5%, to $58.92 a barrel on the New York Mercantile Exchange as of 9:47 a.m. in Singapore. The contract closed at $59.20 on Friday, the highest since Sept. 17. It climbed 7.3% last week, the most since mid-June. Brent for February settlement dropped 23 cents, or 0.4%, to $64.16 a barrel on the...

Gold Prices Step Higher as Ahead of Fed Meeting, Buoyed by Weaker Buck

Gold futures headed higher Friday morning as weakness in the U.S. dollar helped to prop up the yellow metal ahead of a policy update from the Federal Reserve due in the middle of the week and a U.K. general election that could roil markets. February gold on Comex picked up $3.70, or 0.3%, to trade at $1,468.90 an ounce, after declining 0.5% last week. March silver meanwhile, added 8 cents, or 0.5%, at $16.680 an ounce, following a weekly decline of 3%, according to FactSet data. On Monday...

Putin Meets With Pope, Italian Leaders During Rome Visit
Saturday, 6 July 2019 03:59 WIB | GLOBAL |Global

Russian President Vladimir Putin visited Italy on Thursday for the first time in four years, at the invitation of Prime Minister Giuseppe Conte, who was in Moscow last October.

Amid heavy security in Rome, Putin went from the airport to the Vatican to speak with Pope Francis, with whom he had met twice before.

The Russian leader thanked the pope for the nearly hour-long closed-door talks and called the discussion "very substantive and interesting." The Vatican issued a statement after the meeting in the Apostolic Palace, saying the talks focused on the situations in Syria, Ukraine and Venezuela.

The conflict in Ukraine and last year's schism between the Russian and Ukrainian Orthodox Churches had been expected to be the focus of discussions, but no further details were made available by the Vatican. Catholic leaders from Ukraine will be gathering at the Vatican in the coming days to discuss the various problems in the country.

After the Vatican meeting, Putin met with Italian President Sergio Mattarella at the Quirinale Palace.

Sources described "bilateral relations between Russia and Italy as excellent," in spite of existing differences with the West on matters regarding Ukraine. Common concern was expressed by the Russian president and the Italian head of state about "the civil war in Libya and the consequent return to Islamic terrorism in Syria." The importance of stability in Libya for Italy and Europe was also noted.

Putin then held a meeting with Prime Minister Giuseppe Conte at government headquarters.

Conte said they discussed the situation in Libya and their shared belief that the instability could cause a further escalation on the ground, causing greater humanitarian problems, further insurgence of terrorism and insecurity for energy infrastructures.

The Russian president and Italian prime minister were also attending a meeting of the Russian-Italian Civil Society Dialogue Forum, under way at the Foreign Affairs Ministry.

Putin had dinner with Conte and the two deputy prime ministers, Matteo Salvini and Luigi di Maio, as well as Foreign Affairs Minister Enzo Moavero Milanesi.

Putin also met with his longtime friend, former Prime Minister Silvio Berlusconi.

Source : VOA

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POPULAR NEWS
Strong U.S. Jobs Data Supports Dollar as Market Looks to U.S.-China Trade Deal

The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in the U.S.-China trade war. The dollar index stood almost flat at 97.704 in early Asian trade on Monday, after rising 0.3% on Friday. The euro traded at $1.10575 , after hitting a one-week low of $1.10395 on Friday. The dollar changed hands at 108.57 yen . It had lifted to 108.92 yen on the U.S. jobs data before losing...

Gold Holds Drop as Equities Rally on Solid U.S. Jobs

Gold held a decline after a better-than-expected U.S. payrolls report on Friday led to a surge in equities, damping demand for haven assets. Job gains roared back in November and wages topped estimates, giving the Federal Reserve more reason to hold interest rates steady after three straight cuts. Payrolls jumped 266,000 last month, the most since January, according to a government report that topped all forecasts in a Bloomberg survey. In focus this week are the Fed™s and...

Tokyo: Stocks Open Higher With Eyes on Key Global Events

Tokyo stocks opened higher on Monday extending rallies on Wall Street after strong jobs data, as investors closely watched key events this week including central bank meetings and the UK elections. The benchmark Nikkei 225 index climbed 0.34 per cent or 79.11 points to 23,433.51 in early trade, while the broader Topix index was up 0.36 per cent or 6.11 points at 1,719.47. Source : AFP

Oil Drops From 12-Week High as Demand Woes Overshadow Output Cut

Oil retreated from a 12-week high as optimism spurred by Saudi Arabia's surprise output cut was overshadowed by demand concerns. West Texas Intermediate for January delivery fell 28 cents, or 0.5%, to $58.92 a barrel on the New York Mercantile Exchange as of 9:47 a.m. in Singapore. The contract closed at $59.20 on Friday, the highest since Sept. 17. It climbed 7.3% last week, the most since mid-June. Brent for February settlement dropped 23 cents, or 0.4%, to $64.16 a barrel on the...

Gold Prices Step Higher as Ahead of Fed Meeting, Buoyed by Weaker Buck

Gold futures headed higher Friday morning as weakness in the U.S. dollar helped to prop up the yellow metal ahead of a policy update from the Federal Reserve due in the middle of the week and a U.K. general election that could roil markets. February gold on Comex picked up $3.70, or 0.3%, to trade at $1,468.90 an ounce, after declining 0.5% last week. March silver meanwhile, added 8 cents, or 0.5%, at $16.680 an ounce, following a weekly decline of 3%, according to FactSet data. On Monday...

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