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POPULAR NEWS
Gold ends flat, then moves lower in electronic trade after Fed minutes

Gold prices finished unchanged on Wednesday, after spending much of the session losing ground on the back of strength in benchmark U.S. stock indexes. After future prices settled, minutes from the Federal Open Market Committee's July meeting showed that Federal Reserve officials shied away from saying how many more easing steps they might be willing to support this year. In electronic trading, gold for December delivery was at $1,514.30 an ounce shortly after the meeting minutes. The...

Gold posts lowest finish in nearly 2 weeks as bond yields climb

Gold futures declined on Thursday, pressured by strength in bond yields as the Fed™s symposium of central bankers got underway in Jackson Hole, Wyoming. U.S. Treasury bonds weakened Thursday, sending the benchmark 10-year Treasury note yield up 2.4 basis points to 1.6046%. Rising bond yields can dull the luster of gold, which offers no yield. December gold fell $7.20, or 0.5%, to settle at $1,508.50 an ounce after trading as low as $1,502.10. Prices finished at the lowest for a most-active...

Gold edges lower, focus on Jackson Hole summit for rate-cut direction

Gold prices fell marginally on Thursday, lingering around the key $1,500 level, as investors awaited the Federal Reserve chair's speech at a global central bankers' conclave for clues on future U.S. interest rate cuts. Spot gold inched down 0.2% at $1,499.60 per ounce as of 07:47 GMT. U.S. gold futures were down 0.5% at $1,507.60 an ounce. If Powell says they are going to cut rates aggressively, that may not be great for gold in the short-term since equities will gain, Halley...

U.S. oil prices settle lower as crude supplies log first weekly slump in 3 weeks

U.S. oil futures settled lower Wednesday after the government reported a weekly decrease in domestic crude supplies, the first in three weeks, but smaller than the market expected. Concerns over energy demand also continued to pressure prices. West Texas Intermediate crude for October delivery fell by 45 cents, or 0.8%, to settle at $55.68 a barrel on the New York Mercantile Exchange, following gains in each of the last three trading sessions. It was at $56.77 shortly before the supply...

Gold sinks as bond yields climb

Gold futures headed lower Thursday as bond yields edged up, dimming some of the luster from the precious metal, with the Federal Reserve's annual symposium of central bankers getting underway in Jackson Hole, Wyo. December delivery was last down $12.10, or 0.8%, to reach $1,503.90 an ounce, after finishing Wednesday™s session flat. September silver lost 13 cents, or 0.7%, to $17.025 an ounce. The benchmark 10-year Treasury note added more than 3 basis points to around 1.61% early Thursday...

Argentina's President Dealt a Blow in Primaries
Tuesday, 13 August 2019 11:08 WIB | GLOBAL |Global

Argentina's voters dealt President Mauricio Macri a crushing blow Sunday.

With almost all the votes counted in the primaries, results indicate voters are not happy with the austerity measures of center-right incumbent  Macri and are instead looking for a return to the left.

Macri and his vice-presidential running mate Miguel Angel Pichetto earned just 32% of the vote, in comparison to Alberto Fernandez and running mate Cristina Fernandez Kirchner who received 47%. 

Kirchner served two terms as president of Argentina, from 2007 - 2015, succeeding her husband, Nestor.

Kirchner is currently facing a number of corruption allegations from her administration which she denies.

Former Economy Minister Roberto Lavagna trailed far behind the two frontrunners with just 8.4% of the vote.

The presidential vote will be held in October. It there is no outright winner, a runoff will be held in November.

Source : VOA

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POPULAR NEWS
Gold ends flat, then moves lower in electronic trade after Fed minutes

Gold prices finished unchanged on Wednesday, after spending much of the session losing ground on the back of strength in benchmark U.S. stock indexes. After future prices settled, minutes from the Federal Open Market Committee's July meeting showed that Federal Reserve officials shied away from saying how many more easing steps they might be willing to support this year. In electronic trading, gold for December delivery was at $1,514.30 an ounce shortly after the meeting minutes. The...

Gold posts lowest finish in nearly 2 weeks as bond yields climb

Gold futures declined on Thursday, pressured by strength in bond yields as the Fed™s symposium of central bankers got underway in Jackson Hole, Wyoming. U.S. Treasury bonds weakened Thursday, sending the benchmark 10-year Treasury note yield up 2.4 basis points to 1.6046%. Rising bond yields can dull the luster of gold, which offers no yield. December gold fell $7.20, or 0.5%, to settle at $1,508.50 an ounce after trading as low as $1,502.10. Prices finished at the lowest for a most-active...

Gold edges lower, focus on Jackson Hole summit for rate-cut direction

Gold prices fell marginally on Thursday, lingering around the key $1,500 level, as investors awaited the Federal Reserve chair's speech at a global central bankers' conclave for clues on future U.S. interest rate cuts. Spot gold inched down 0.2% at $1,499.60 per ounce as of 07:47 GMT. U.S. gold futures were down 0.5% at $1,507.60 an ounce. If Powell says they are going to cut rates aggressively, that may not be great for gold in the short-term since equities will gain, Halley...

U.S. oil prices settle lower as crude supplies log first weekly slump in 3 weeks

U.S. oil futures settled lower Wednesday after the government reported a weekly decrease in domestic crude supplies, the first in three weeks, but smaller than the market expected. Concerns over energy demand also continued to pressure prices. West Texas Intermediate crude for October delivery fell by 45 cents, or 0.8%, to settle at $55.68 a barrel on the New York Mercantile Exchange, following gains in each of the last three trading sessions. It was at $56.77 shortly before the supply...

Gold sinks as bond yields climb

Gold futures headed lower Thursday as bond yields edged up, dimming some of the luster from the precious metal, with the Federal Reserve's annual symposium of central bankers getting underway in Jackson Hole, Wyo. December delivery was last down $12.10, or 0.8%, to reach $1,503.90 an ounce, after finishing Wednesday™s session flat. September silver lost 13 cents, or 0.7%, to $17.025 an ounce. The benchmark 10-year Treasury note added more than 3 basis points to around 1.61% early Thursday...

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