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POPULAR NEWS
Gold prices rise on weaker dollar as traders weigh progress on U.S.-China trade

Gold prices climbed Friday, buoyed by weakness in the dollar and a fall in bond yields, as traders struggled to sort out news that China has agreed to the text of a phase one trade deal with United States. Against that backdrop, February gold rose $3.70, or 0.3%, at $1,476 an ounce, set to more than recover its loss from Thursday. March silver meanwhile, shed 1.9 cents, or 0.1%, to $16.93 an ounce, after four consecutive sessions of gains. Among other metals on Comex, March copper fell 0.5%...

Hong Kong Stocks Soar on Trade Deal Reports (Review)

Hong Kong stocks jumped more than two percent Friday after reports said China and the US had finally reached a partial trade agreement that will see Washington cancel tariffs due to be imposed at the weekend. The Hang Seng index soared 2.57 percent, or 693.62 points, to 27,687.76. The benchmark Shanghai Composite Index added 1.78 percent, or 51.98 points, to 2,967.68 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rallied 1.48 percent, or 24.22 points, to...

Stock market books tepid gains to end the week as market weighs merits of limited China trade-deal

The S&P 500 and the Nasdaq Composite finished the week at records Friday but enthusiasm over an announced China-U.S. partial trade deal, which had sparked buying Thursday, faded as investors weighed aspects of the so-called phase-one pact. The Dow Jones Industrial Average closed up about 0.01% at 28,135, missing a record close at 28,164, while the S&P 500 index advanced less than 0.01% to 3,169, enough for a fresh all time high. The Nasdaq Composite Index closed up 0.2% to end at...

Dow, S&P 500 decline after U.S., China announce trade deal with modest tariff reduction

U.S. stocks traded mostly lower Friday, giving back early gains, after President Trump and Chinese officials announced a trade deal that includes a reduction of tariffs and promises by China to buy more U.S. goods. Meanwhile, a decisive victory for Conservatives in Thursday™s U.K. election that reduces policy uncertainty and clears a path for Brexit also boosted investor sentiment for a while. The Dow Jones Industrial Average  fell 44 points, 0.2%, to 28,087, while the S&P 500...

U.S. oil futures settle above $60 for first time since mid-September

Oil futures settled higher on Friday, with U.S. prices above $60 a barrel for the first time since mid-September. Traders digested news of a preliminary phase one U.S.-China trade deal that helped ease worries about the outlook for energy demand. The question of whether U.S. benchmark crude-oil futures can "break above multi-month resistance in the low $60s will depend on U.S.-China trade relations; a favorable deal with material tariff reductions will be supportive of a move higher in oil,...

Confiscated Iranian Tanker, Leave Gibraltar
Monday, 19 August 2019 11:24 WIB | GLOBAL |GlobalIran,

An Iranian tanker left Gibraltar on Sunday (8/18), after agreeing there refused to attempt to detain him, but it was not clear where the ship was headed.

Data on surveillance of tanker sea traffic moved from Gibraltar. Both Iran and Gibraltar confirmed the movement.

Tehran says it is ready to send its fleet to escort the ship, 2.1 million barrels of light crude oil receive US $ 130 million, but Iran gives no indication where the ship will sail.

The ship, which was named Grace 1 but now changed to Iran by the name of Adrian Darya 1, was captured on July 4 by Gibraltar, which became British territory because the parties involved there believed that crude oil was heading for Syria, an ally of Iran and departing from European Union.

Initially, the ship used the Panama flag but after being replaced, the red, white and green Iranian flag was flown on the ship.

The seizure of the ship is one of several related in recent weeks that was passed from between Tehran and Western countries. Then in July, Iran seized the British-flagged oil tanker, Stena Impero, in the Persian Gulf and is still confiscating it.

The United States and Iran trade unmanned aircraft and Western countries accuse Tehran of carrying out other attacks on ships in the Gulf, where one fifth of world oil production passes through the Strait of Hormuz.

The incident was largely a result of the resignation of US President Donald Trump last year from the 2015 international nuclear agreement to curb Tehran's nuclear weapons program. Trump then returned the crippling sanctions, which had been approved by the Iranian economy.

Gibraltar authorities on Thursday (15/8) decided to release the Iranian tanker and said they had received a written guarantee from Tehran that the crude oil would not be sent to Syria.

Source: VOA

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POPULAR NEWS
Gold prices rise on weaker dollar as traders weigh progress on U.S.-China trade

Gold prices climbed Friday, buoyed by weakness in the dollar and a fall in bond yields, as traders struggled to sort out news that China has agreed to the text of a phase one trade deal with United States. Against that backdrop, February gold rose $3.70, or 0.3%, at $1,476 an ounce, set to more than recover its loss from Thursday. March silver meanwhile, shed 1.9 cents, or 0.1%, to $16.93 an ounce, after four consecutive sessions of gains. Among other metals on Comex, March copper fell 0.5%...

Hong Kong Stocks Soar on Trade Deal Reports (Review)

Hong Kong stocks jumped more than two percent Friday after reports said China and the US had finally reached a partial trade agreement that will see Washington cancel tariffs due to be imposed at the weekend. The Hang Seng index soared 2.57 percent, or 693.62 points, to 27,687.76. The benchmark Shanghai Composite Index added 1.78 percent, or 51.98 points, to 2,967.68 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rallied 1.48 percent, or 24.22 points, to...

Stock market books tepid gains to end the week as market weighs merits of limited China trade-deal

The S&P 500 and the Nasdaq Composite finished the week at records Friday but enthusiasm over an announced China-U.S. partial trade deal, which had sparked buying Thursday, faded as investors weighed aspects of the so-called phase-one pact. The Dow Jones Industrial Average closed up about 0.01% at 28,135, missing a record close at 28,164, while the S&P 500 index advanced less than 0.01% to 3,169, enough for a fresh all time high. The Nasdaq Composite Index closed up 0.2% to end at...

Dow, S&P 500 decline after U.S., China announce trade deal with modest tariff reduction

U.S. stocks traded mostly lower Friday, giving back early gains, after President Trump and Chinese officials announced a trade deal that includes a reduction of tariffs and promises by China to buy more U.S. goods. Meanwhile, a decisive victory for Conservatives in Thursday™s U.K. election that reduces policy uncertainty and clears a path for Brexit also boosted investor sentiment for a while. The Dow Jones Industrial Average  fell 44 points, 0.2%, to 28,087, while the S&P 500...

U.S. oil futures settle above $60 for first time since mid-September

Oil futures settled higher on Friday, with U.S. prices above $60 a barrel for the first time since mid-September. Traders digested news of a preliminary phase one U.S.-China trade deal that helped ease worries about the outlook for energy demand. The question of whether U.S. benchmark crude-oil futures can "break above multi-month resistance in the low $60s will depend on U.S.-China trade relations; a favorable deal with material tariff reductions will be supportive of a move higher in oil,...

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