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POPULAR NEWS
Gold Steady With Trade Developments, ETFs in Focus

Gold was little changed after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in holdings in bullion-backed exchange-traded funds. U.S. and Chinese negotiators held œconstructive discussions in a call on Saturday to address each side's core concerns in phase one of a deal. That came after President Donald Trump™s administration signaled talks with China over the first phase of a broad agreement are...

Asia stocks mixed as investors watch for US-China trade updates

Stocks in Asia traded mixed on Monday morning as investors look for further developments on U.S.-China trade. Overall, the MSCI Asia ex-Japan index traded 0.05% lower. In Japan, the Nikkei 225 rose fractionally in early trade while the Topix index was largely flat. South Korea™s Kospi slipped 0.13%. Shares in Australia edged lower in morning trade, with the S&P/ASX 200 down about 0.4% as most of the sectors slipped. Investors will continue to monitor developments on U.S.-China trade....

Tokyo shares open lower with eyes on US-China talks, forex

Tokyo stocks opened slightly lower on Monday with investors watching the forex market and US-China trade talks. The benchmark Nikkei 225 index fell 0.04 percent or 8.70 points to 23,294.62, while the broader Topix index lost 0.10 percent or 1.63 points to 1,695.04. Source : AFP

Unique split on Wall Street to keep investors guessing the gold price this week

This week will be an interesting one for gold with Wall Street uniquely split between expectations of higher and neutral gold prices, while Main Street is still very bullish, according to the latest Kitco News gold price survey. It's been a messy week for gold prices as the metal was unable to break resistance at $1,475 an ounce but managed to remain well supported above $1,450 in light of higher U.S. equities and stronger U.S. dollar. Overall, prices are down around 0.14% on last week at...

Japan Stocks Rise as Investors Eye Progress in Trade Talks

Japanese stocks rose after fluctuating at the Monday open, as investors eyed progress in the U.S.-China trade negotiations. Telecommunication shares gave the biggest boost to the Topix index, following an announcement on SoftBank Group Corp.'s plan to combine messaging service Line Corp. with Z Holdings Corp., a unit of its telecom arm. U.S. and Chinese trade negotiators held œconstructive discussions in a phone call on Saturday to address each side's core concerns of...

Italy Swears In New Cabinet Eyeing Fresh Start for EU Ties
Thursday, 5 September 2019 23:46 WIB | GLOBAL |Global

President Sergio Mattarella on Thursday swore in Italy's new pro-European government, heralding a fresh start for the eurozone's third largest economy as the far-right falls from power.

Brussels warmly welcomed the coalition between the anti-establishment Five Star Movement (M5S) and center-left Democratic Party (PD), which is expected to markedly improve rocky relations between Europe and Rome.

Prime Minister Giuseppe Conte's government still faces votes in parliament on Monday and Tuesday.

First on the cabinet's to-do list is the 2020 budget, which has to be submitted to parliament by the end of September, and then to Brussels by Oct. 15.

The pick of the PD's Brussels-savvy Roberto Gualtieri as finance minister was hailed as "extremely positive, especially for the relationship with the EU" by Lorenzo Codogno, former chief economist at the Italian Treasury Department.

European Commission President Jean-Claude Juncker congratulated Conte and said Italy's new political era came at "an important moment for our Union", adding that he was sure Rome would play a "front-line" role on key issues.

Italy has put forward former center-left premier Paolo Gentiloni as its candidate for the incoming European Commission.

PD chief Nicola Zingaretti said it was an "excellent choice for Italy, which returns to playing a leading role in Europe".

The previous coalition between the M5S and far-right Matteo Salvini's anti-immigrant League had fought bitterly with Brussels over its big-spend budget and critics had bemoaned Rome's sidelining in the EU halls of power.

The markets welcomed the new cabinet, with Milan's FTSE Mib stock market up 0.5 percent after the swearing-in ceremony.

Source : VOA

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POPULAR NEWS
Gold Steady With Trade Developments, ETFs in Focus

Gold was little changed after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in holdings in bullion-backed exchange-traded funds. U.S. and Chinese negotiators held œconstructive discussions in a call on Saturday to address each side's core concerns in phase one of a deal. That came after President Donald Trump™s administration signaled talks with China over the first phase of a broad agreement are...

Asia stocks mixed as investors watch for US-China trade updates

Stocks in Asia traded mixed on Monday morning as investors look for further developments on U.S.-China trade. Overall, the MSCI Asia ex-Japan index traded 0.05% lower. In Japan, the Nikkei 225 rose fractionally in early trade while the Topix index was largely flat. South Korea™s Kospi slipped 0.13%. Shares in Australia edged lower in morning trade, with the S&P/ASX 200 down about 0.4% as most of the sectors slipped. Investors will continue to monitor developments on U.S.-China trade....

Tokyo shares open lower with eyes on US-China talks, forex

Tokyo stocks opened slightly lower on Monday with investors watching the forex market and US-China trade talks. The benchmark Nikkei 225 index fell 0.04 percent or 8.70 points to 23,294.62, while the broader Topix index lost 0.10 percent or 1.63 points to 1,695.04. Source : AFP

Unique split on Wall Street to keep investors guessing the gold price this week

This week will be an interesting one for gold with Wall Street uniquely split between expectations of higher and neutral gold prices, while Main Street is still very bullish, according to the latest Kitco News gold price survey. It's been a messy week for gold prices as the metal was unable to break resistance at $1,475 an ounce but managed to remain well supported above $1,450 in light of higher U.S. equities and stronger U.S. dollar. Overall, prices are down around 0.14% on last week at...

Japan Stocks Rise as Investors Eye Progress in Trade Talks

Japanese stocks rose after fluctuating at the Monday open, as investors eyed progress in the U.S.-China trade negotiations. Telecommunication shares gave the biggest boost to the Topix index, following an announcement on SoftBank Group Corp.'s plan to combine messaging service Line Corp. with Z Holdings Corp., a unit of its telecom arm. U.S. and Chinese trade negotiators held œconstructive discussions in a phone call on Saturday to address each side's core concerns of...

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