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POPULAR NEWS
Gold Hits 3-Week High, on Course to Reclaiming $1,600 Perch

The fear factor across markets is like manna from heaven for gold bugs. Both bullion and futures of the yellow metal breached the key $1,580 per ounce resistance on Monday before consolidating gains, although analysts said the $1,600 target seemed well within the market™s reach. Gold futures for February delivery on New York™s COMEX settled up $5.50, or 0.4%, at $1,577.40 per ounce. It earlier reached $1,588.10, a peak since Jan. 8. Spot gold, which tracks live trades in bullion, was up...

Gold Jumps as Investors Seek a Haven Amid Growing Virus Fears

Spot gold jumped as much as 1.1% to $1,588.68/oz as investors sought a haven amid growing fears over the spread of the coronavirus around the world. Trades 0.7% higher at $1,582.96 at 7:54am in Singapore; rose 0.9% last week. Stock futures and crude oil tumble as investors are spooked by the impact of the virus; Treasury futures climb. Source : Bloomberg

Oil Tumbles on Virus Fear While Saudis See 'Very Limited' Impact

Oil tumbled as the market opened in Asia on fears China's deadly coronavirus will crimp energy demand, prompting Saudi Arabia to say it was closely monitoring the situation. Futures in London and New York plunged more than 3% in early trading as the death toll from the outbreak in China rose and as officials extended the Lunar New Year holiday to help stem the spread of the outbreak. While Goldman Sachs Group Inc. predicted last week that global oil demand may take a hit, Saudi...

Gold showcases haven credentials as Equities sink on Virus Fears

Gold is once again showcasing its long-standing reputation as an effective haven in troubled times, trading near the highest close in more than six years amid rising concern over the economic and human impact of China's deadly coronavirus. Prices steadied after surging Monday as investors weighed the fallout from the spread of the disease, with Germany reportedly seeing its first case. The virus has killed at least 80, and infected more than 2,700. China's markets...

Gold eyes $1,600 as Fed meeting, new virus threat in focus this week

Gold is well supported and has room to run higher this week as analysts point to the Federal Reserve meeting and the spread of the new corona virus as the two key issues to keep an eye on. The yellow metal battled against risk-on sentiment last week but managed to hold above $1,550 an ounce level and even rise about 0.8% on the week. February Comex gold futures were last trading at $1,572.40, up 0.45% on the day. This week, analysts are keeping a close eye on the Federal Reserve interest...

Trump Tweets About Non-White Lawmakers Prompt Fresh Outrage
Monday, 15 July 2019 17:22 WIB | GLOBAL |Global

In a series of Sunday morning tweets quickly deemed racist and xenophobic by critics, U.S. President Donald Trump has provoked fresh controversy with taunts at several new members of Congress.

Trump on Twitter, targeted Progressive Democratic Congresswomen, telling them to "go back" and help fix the "crime infested" countries from which they came.

Of the four apparently targeted, only one ” Minnesota Congresswoman Ilhan Omar, a native of Somalia ” is foreign born. The other three are native Americans: Ayana Pressley (who is a representative from Massachusetts) was born in Cincinnati, Ohio, Alexandria Ocasio-Cortez is a native New Yorker (and represents the eastern part of the Bronx and a portion of north-central Queens), and Rashid Tlaib, of Michigan, was born in Detroit.

The White House has not responded to a request from VOA on whether the president was aware prior to sending the tweets that three of the four are citizens by birth.

The progressives have been squabbling with Democratic House Speaker Nancy Pelosi over immigration policy and other issues.

The dispute has attracted Trump™s attention in recent days, even prompting him to utter rare public support for Pelosi “ at least when it comes to her attempt to rein in the newly elected foursome.

Trump™s tweets about the minority, novice female members of Congress, known as œthe squad, came about 20 minutes after a segment about them on the Fox News Channel. The president frequently reacts quickly on social media to what he sees on Fox.

Omar, in particular, has been a frequent topic of critical coverage on the cable television channel, in part due to her frequent criticism of Israel and comments perceived as anti-Semitic.

Omar and Tlaib are the first two Muslim women to serve in Congress.

In a Twitter response to Trump on Sunday, Omar reminded him that the United States is the only country to which members of Congress swear an oath.

œWhich is why we are fighting to protect it from the worst, most corrupt and inept president we have ever seen, the Minnesotan added.

Many others on social media are condemning Trump™s tweet, which even by his provocative norms are viewed as crossing a new line.

Among the most prominent is Pelosi, who terms Trump™s remark xenophobic, œmeant to divide our nation and œreaffirm his plan to ˜Make America Great Again™ has always been about making America white again.

Source : VOA

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POPULAR NEWS
Gold Hits 3-Week High, on Course to Reclaiming $1,600 Perch

The fear factor across markets is like manna from heaven for gold bugs. Both bullion and futures of the yellow metal breached the key $1,580 per ounce resistance on Monday before consolidating gains, although analysts said the $1,600 target seemed well within the market™s reach. Gold futures for February delivery on New York™s COMEX settled up $5.50, or 0.4%, at $1,577.40 per ounce. It earlier reached $1,588.10, a peak since Jan. 8. Spot gold, which tracks live trades in bullion, was up...

Gold Jumps as Investors Seek a Haven Amid Growing Virus Fears

Spot gold jumped as much as 1.1% to $1,588.68/oz as investors sought a haven amid growing fears over the spread of the coronavirus around the world. Trades 0.7% higher at $1,582.96 at 7:54am in Singapore; rose 0.9% last week. Stock futures and crude oil tumble as investors are spooked by the impact of the virus; Treasury futures climb. Source : Bloomberg

Oil Tumbles on Virus Fear While Saudis See 'Very Limited' Impact

Oil tumbled as the market opened in Asia on fears China's deadly coronavirus will crimp energy demand, prompting Saudi Arabia to say it was closely monitoring the situation. Futures in London and New York plunged more than 3% in early trading as the death toll from the outbreak in China rose and as officials extended the Lunar New Year holiday to help stem the spread of the outbreak. While Goldman Sachs Group Inc. predicted last week that global oil demand may take a hit, Saudi...

Gold showcases haven credentials as Equities sink on Virus Fears

Gold is once again showcasing its long-standing reputation as an effective haven in troubled times, trading near the highest close in more than six years amid rising concern over the economic and human impact of China's deadly coronavirus. Prices steadied after surging Monday as investors weighed the fallout from the spread of the disease, with Germany reportedly seeing its first case. The virus has killed at least 80, and infected more than 2,700. China's markets...

Gold eyes $1,600 as Fed meeting, new virus threat in focus this week

Gold is well supported and has room to run higher this week as analysts point to the Federal Reserve meeting and the spread of the new corona virus as the two key issues to keep an eye on. The yellow metal battled against risk-on sentiment last week but managed to hold above $1,550 an ounce level and even rise about 0.8% on the week. February Comex gold futures were last trading at $1,572.40, up 0.45% on the day. This week, analysts are keeping a close eye on the Federal Reserve interest...

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