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...
Gold futures posted a modest gain on Wednesday, with dollar-denominated prices for the metal supported by weakness in the U.S. dollar. Strength in global stock markets, on the heels of some positive news surrounding a coronavirus vaccine limited gold's price climb. August gold rose 40 cents, or 0.02%, to settle at $1,813.80 an ounce. Source : Marketwatch
Gold held a two-day advance above $1,800 an ounce as investors tracked tensions between the U.S. and China, progress in developing a coronavirus vaccine, and the mixed outlook for the global economy. Silver futures neared $20 an ounce. President Donald Trump ordered an end to Hong Kong™s special status with the U.S., the latest escalation in tensions between the world™s largest economies. Trump also said he had no plans to speak with Chinese President Xi...
Hong Kong shares finished more than one percent lower Tuesday, in line with an Asian retreat, as traders fret over the reimposition of containment measures in several countries as the virus flares up again. The Hang Seng Index shed 1.14 percent, or 294.23 points, to 25,477.89. The benchmark Shanghai Composite Index fell 0.83 percent, or 28.67 points, to 3,414.62 while the Shenzhen Composite Index on China's second exchange slipped 0.85 percent, or 19.83 points, to 2,309.57. Source : AFP
Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June, although demand concerns lingered due to increased cases of COVID-19 in the United States. Brent crude futures gained 18 cents, or 0.42%, to settle at $42.90 per barrel, after moving lower earlier in the session. West Texas Intermediate crude futures settled 19 cents, or 0.47%, higher at $40.29 per barrel. The Organization of the Petroleum Exporting Countries and its allies led by...
NATO and Russia did not make any breakthroughs on the Intermediate-Range Nuclear Forces Treaty (INF) in talks at the alliance headquarters, NATO's secretary-general said.
"We did not see any sign of Russia being willing to come back into compliance with the INF treaty," Jens Stoltenberg told reporters Friday in Brussels after a meeting of the NATO-Russia Council.
Stoltenberg said the chances of a resolution on a landmark Cold War arms treaty were "going down, day by day" but that NATO had not given up on its efforts to try to persuade Moscow to destroy the SSC-8 land-based cruise missile with a range of 500 to 5,500 kilometers (310 to 3,400 miles).
Moscow says it is fully in compliance with the INF treaty negotiated by U.S. President Ronald Reagan and Soviet leader Mikhail Gorbachev, which eliminated the medium-range missile arsenals of the two countries.
The United States is set to pull out of the treaty on August 2, arguing that it needs to develop its own warheads to deter Moscow, after Russia's last-minute decision not to destroy the medium-range missile that NATO says violates the INF.
Source : VOA
The United States is imposing visa restrictions on certain employees of Chinese technology companies, including Huawei, for providing œmaterial support to regimes engaging in human rights violations...
The United States shattered its own record Wednesday for the most reported COVID-19 cases in a 24-hour period “ 67,600 according to Johns Hopkins University. With nearly 3.5 million confirmed cases...
More than two dozen alleged leaders and members of the violent gang MS-13 have been arrested and charged, officials announced Wednesday, part of a federal law enforcement operation aimed at disrupting...
Tokyo Governor Yuriko Koike Wednesday issued the highest possible warning about the escalating spread of COVID-19 infections in the Japanese capital, requesting residents and business owners step up p...
Moderna Inc. stock skyrocketed in the extended session Tuesday after the biotech company said its coronavirus vaccine candidate produced a œrobust immune-system response in a larger group of peop...
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...
Gold futures posted a modest gain on Wednesday, with dollar-denominated prices for the metal supported by weakness in the U.S. dollar. Strength in global stock markets, on the heels of some positive news surrounding a coronavirus vaccine limited gold's price climb. August gold rose 40 cents, or 0.02%, to settle at $1,813.80 an ounce. Source : Marketwatch
Gold held a two-day advance above $1,800 an ounce as investors tracked tensions between the U.S. and China, progress in developing a coronavirus vaccine, and the mixed outlook for the global economy. Silver futures neared $20 an ounce. President Donald Trump ordered an end to Hong Kong™s special status with the U.S., the latest escalation in tensions between the world™s largest economies. Trump also said he had no plans to speak with Chinese President Xi...
Hong Kong shares finished more than one percent lower Tuesday, in line with an Asian retreat, as traders fret over the reimposition of containment measures in several countries as the virus flares up again. The Hang Seng Index shed 1.14 percent, or 294.23 points, to 25,477.89. The benchmark Shanghai Composite Index fell 0.83 percent, or 28.67 points, to 3,414.62 while the Shenzhen Composite Index on China's second exchange slipped 0.85 percent, or 19.83 points, to 2,309.57. Source : AFP
Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June, although demand concerns lingered due to increased cases of COVID-19 in the United States. Brent crude futures gained 18 cents, or 0.42%, to settle at $42.90 per barrel, after moving lower earlier in the session. West Texas Intermediate crude futures settled 19 cents, or 0.47%, higher at $40.29 per barrel. The Organization of the Petroleum Exporting Countries and its allies led by...