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POPULAR NEWS
Gold Holds Tight Range Ahead of Key Brexit Vote, Focus on Fed

Gold steadied in a tight range on Tuesday as investors adopted a cautious approach ahead of a crucial Brexit vote, while focus shifted to the U.S. Federal Reserve™s stance on interest rate cuts. Spot gold was steady at $1,484.60 per ounce. U.S. gold futures settled mostly unchanged at $1,487.5. œEverything is really quiet. The biggest factor, with the Fed looming and Brexit on the horizon, in the U.S. is really company earnings right now, said Michael Matousek, head trader at U.S....

Oil Futures End Near a 2-Week Low as Investors Fret About Crude Demand

Oil futures settled at a nearly two-week low Monday, as investors failed to shake worries that growing signs of economic weakness will eventually hurt demand for crude oil. West Texas Intermediate crude for November delivery fell 47 cents, or 0.9%, to end at $53.31 a barrel on the New York Mercantile Exchange, after the U.S. benchmark contract posted a 1.7% weekly decline. The November contract, expires at Tuesday™s settlement. Global benchmark Brent crude for December lost 46 cents, or...

Gold Gains As ETF Holdings Inch Closer to Record

Gold reversed earlier losses as investors digest the latest trade and Brexit news. Holdings in gold-backed exchange-traded funds continue to close in on a record set in 2012. Gold ETFs expanded for a third day Monday, extending this year's increase to 16%. Central banks including Turkey and Germany also added gold holdings last month, joining major buyers like Russia and China, data from the International Monetary fund show. Spot gold rose 0.3% to $1,488.68/oz after...

Gold Eases as Trade-Deal Hopes Lift Risk Mood

Gold prices eased on Tuesday as reports that trade talks between Washington and Beijing were making progress cheered markets, but a dearth of concrete signs kept investors on the edge. Spot gold was down 0.1% at $1,482.41 per ounce, as of 00:38 GMT. U.S. gold futures dropped 0.2% to $1,485.80. U.S. President Donald Trump said on Monday that U.S.-China trade talks were making progress, adding to a comment he made on Friday that a trade deal will be signed by the time the Asia-Pacific Economic...

Hong Kong stocks end higher (Review)

Hong Kong stocks ended slightly up Monday, boosted by upbeat comments by China's top negotiator on progress in trade talks with the United States. The Hang Seng Index rose 0.08 percent, or 20.66 points, to 26,740.24. The benchmark Shanghai Composite Index finished 0.05 percent higher, or 1.48 points, to close at 2,939.62 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, ended 0.11 percent lower, or 1.85 points, at 1,614.87. Source: AFP

Trump: British Ambassador 'a Very Stupid Guy'
Wednesday, 10 July 2019 12:41 WIB | GLOBAL |Global

U.S. President Donald Trump on Tuesday called British ambassador Kim Darroch "a very stupid guy," a new taunt aimed at undercutting the envoy's assessment that Trump is "inept" and "incompetent."

"The wacky Ambassador that the U.K. foisted upon the United States is not someone we are thrilled with," Trump said on Twitter.

The U.S. leader said Darroch, Britain's top diplomat in Washington since 2016, "should speak to his country, and Prime Minister [Theresa] May, about their failed Brexit negotiation, and not be upset with my criticism of how badly it was handled. I told @theresa_may how to do that deal, but she went her own foolish way-was unable to get it done. A disaster!"

Trump added, "I don™t know the Ambassador but have been told he is a pompous fool. Tell him the USA now has the best Economy & Military anywhere in the World, by far."

Within hours, British Foreign Secretary Jeremy Hunt rebuked Trump, telling him that his comments about May and Britain were "disrespectful and wrong." Hunt said that if he becomes the British prime minister when May leaves office at the end of the month, he will retain Darroch as ambassador to Washington.

Hunt said U.S. diplomats stationed overseas "give their private opinions" to Secretary of State Mike Pompeo, just as British envoys report back to London. "But allies need to treat each other with respect" as May "has always done with you."

Trump on Monday said he would "no longer deal" with Darroch, claiming "he is not liked or well thought of within the U.S."

Later in the day, a White House official confirmed reports that Darroch was uninvited from a dinner that U.S. Treasury Secretary Steven Mnuchin was hosting with Trump and the emir of Qatar.

Source : VOA

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POPULAR NEWS
Gold Holds Tight Range Ahead of Key Brexit Vote, Focus on Fed

Gold steadied in a tight range on Tuesday as investors adopted a cautious approach ahead of a crucial Brexit vote, while focus shifted to the U.S. Federal Reserve™s stance on interest rate cuts. Spot gold was steady at $1,484.60 per ounce. U.S. gold futures settled mostly unchanged at $1,487.5. œEverything is really quiet. The biggest factor, with the Fed looming and Brexit on the horizon, in the U.S. is really company earnings right now, said Michael Matousek, head trader at U.S....

Oil Futures End Near a 2-Week Low as Investors Fret About Crude Demand

Oil futures settled at a nearly two-week low Monday, as investors failed to shake worries that growing signs of economic weakness will eventually hurt demand for crude oil. West Texas Intermediate crude for November delivery fell 47 cents, or 0.9%, to end at $53.31 a barrel on the New York Mercantile Exchange, after the U.S. benchmark contract posted a 1.7% weekly decline. The November contract, expires at Tuesday™s settlement. Global benchmark Brent crude for December lost 46 cents, or...

Gold Gains As ETF Holdings Inch Closer to Record

Gold reversed earlier losses as investors digest the latest trade and Brexit news. Holdings in gold-backed exchange-traded funds continue to close in on a record set in 2012. Gold ETFs expanded for a third day Monday, extending this year's increase to 16%. Central banks including Turkey and Germany also added gold holdings last month, joining major buyers like Russia and China, data from the International Monetary fund show. Spot gold rose 0.3% to $1,488.68/oz after...

Gold Eases as Trade-Deal Hopes Lift Risk Mood

Gold prices eased on Tuesday as reports that trade talks between Washington and Beijing were making progress cheered markets, but a dearth of concrete signs kept investors on the edge. Spot gold was down 0.1% at $1,482.41 per ounce, as of 00:38 GMT. U.S. gold futures dropped 0.2% to $1,485.80. U.S. President Donald Trump said on Monday that U.S.-China trade talks were making progress, adding to a comment he made on Friday that a trade deal will be signed by the time the Asia-Pacific Economic...

Hong Kong stocks end higher (Review)

Hong Kong stocks ended slightly up Monday, boosted by upbeat comments by China's top negotiator on progress in trade talks with the United States. The Hang Seng Index rose 0.08 percent, or 20.66 points, to 26,740.24. The benchmark Shanghai Composite Index finished 0.05 percent higher, or 1.48 points, to close at 2,939.62 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, ended 0.11 percent lower, or 1.85 points, at 1,614.87. Source: AFP

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