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POPULAR NEWS
Gold falls 1% after robust US jobs data

Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a new record high. U.S. job growth increased by the most in 10 months in November, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump. Spot gold slipped 1% to $1,461.01 per ounce. U.S. gold futures settled down 1.1% at $1,465.1 per...

Gold Futures Drop as U.S. Payrolls Rise More Than Expected

Gold futures plunged, erasing a weekly gain, as stronger-than-expected U.S. jobs data helped ease economic concerns that had fueled demand for the metal as a haven. Payrolls jumped 266,000, the most since January, according to a government report Friday that topped all estimates in a Bloomberg survey calling for 180,000 jobs. Gold has struggled to sustain recent rallies as resilient U.S. economic data and bets on progress toward a U.S.-China trade deal limit demand for the...

U.S. oil futures post biggest weekly rise since June

Oil futures settled higher on Friday, with U.S. prices up more than 7% for the week to mark their highest weekly percentage climb since June. Prices got a lift after the Organization of the Petroleum Exporting Countries and its allies announced an agreement to cut production by an additional 500,000 barrels a day starting in January. Including the 1.2 million barrels in reductions under the current pact, that will bring total output cuts to 1.7 million barrels a day from October 2018...

U.S. Jobs Trounce Forecasts With 266,000 Gain; Wages Heat Up

U.S. job gains roared back in November as unemployment matched a fresh half-century low and wages topped estimates, giving the Federal Reserve more reason to hold interest rates steady after three straight cuts. Stock futures and the dollar jumped while Treasuries slid. Payrolls jumped 266,000, the most since January, after an upwardly revised 156,000 advance the prior month, according to a Labor Department reportFriday that topped all estimates in a Bloomberg survey calling for...

Oil on track for weekly gain as OPEC+ set to confirm supply cut

Oil prices fell on Friday, but were set for weekly gains ahead of the OPEC+ meeting which kicked off Friday in Vienna. The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia - a grouping known as OPEC+ - agreed on Thursday to more output cuts to avert oversupply as economic growth stagnates amid the U.S.-China trade war. But OPEC stopped short of pledging action beyond March and analysts have questioned the impact of the latest curbs. Brent futures were...

North Korea Says It Doesn't Want to Talk to US
Tuesday, 19 November 2019 11:04 WIB | GLOBAL |Global

North Korea said Monday that while it views the U.S. decision to postpone joint military drills with South Korea as "positive," the adoption of a U.N. resolution criticizing the North's human rights record has soured its desire to have denuclearization talks with Washington.

"The U.S. dreams of bringing down our system when the DPRK-U.S. dialogue is on a high agenda, which shows that the U.S. has no intention to sincerely work with us towards the settlement of issues," a statement from North Korea's Foreign Ministry spokesman said.  "Therefore, we have no willingness to meet such a dialogue partner."

The DPRK is the acronym for North Korea's official name in English ” the Democratic People's Republic of Korea.

The United States was one of dozens of countries to co-sponsor the resolution on North Korea's human rights situation in the U.N. General Assembly committee that deals with human rights. It was adopted by consensus last Thursday and included urging the U.N. Security Council to consider further sanctions targeting those in North Korea responsible for rights abuses, and urging the council to refer Pyongyang to the International Criminal Court.

North Korea on Monday said the U.S. had made "another political provocation" by supporting the resolution.

The resolution has become an annual exercise, and in a departure from past years, South Korea did not join as a co-sponsor. In a statement, the Foreign Ministry said it had taken into consideration the "overall circumstances, such as the current situation on the Korean Peninsula," in making its decision, but its efforts to improve human rights conditions there remain unchanged. The committee resolution is expected to be passed in the full General Assembly next month.

Source : VOA

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POPULAR NEWS
Gold falls 1% after robust US jobs data

Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a new record high. U.S. job growth increased by the most in 10 months in November, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump. Spot gold slipped 1% to $1,461.01 per ounce. U.S. gold futures settled down 1.1% at $1,465.1 per...

Gold Futures Drop as U.S. Payrolls Rise More Than Expected

Gold futures plunged, erasing a weekly gain, as stronger-than-expected U.S. jobs data helped ease economic concerns that had fueled demand for the metal as a haven. Payrolls jumped 266,000, the most since January, according to a government report Friday that topped all estimates in a Bloomberg survey calling for 180,000 jobs. Gold has struggled to sustain recent rallies as resilient U.S. economic data and bets on progress toward a U.S.-China trade deal limit demand for the...

U.S. oil futures post biggest weekly rise since June

Oil futures settled higher on Friday, with U.S. prices up more than 7% for the week to mark their highest weekly percentage climb since June. Prices got a lift after the Organization of the Petroleum Exporting Countries and its allies announced an agreement to cut production by an additional 500,000 barrels a day starting in January. Including the 1.2 million barrels in reductions under the current pact, that will bring total output cuts to 1.7 million barrels a day from October 2018...

U.S. Jobs Trounce Forecasts With 266,000 Gain; Wages Heat Up

U.S. job gains roared back in November as unemployment matched a fresh half-century low and wages topped estimates, giving the Federal Reserve more reason to hold interest rates steady after three straight cuts. Stock futures and the dollar jumped while Treasuries slid. Payrolls jumped 266,000, the most since January, after an upwardly revised 156,000 advance the prior month, according to a Labor Department reportFriday that topped all estimates in a Bloomberg survey calling for...

Oil on track for weekly gain as OPEC+ set to confirm supply cut

Oil prices fell on Friday, but were set for weekly gains ahead of the OPEC+ meeting which kicked off Friday in Vienna. The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia - a grouping known as OPEC+ - agreed on Thursday to more output cuts to avert oversupply as economic growth stagnates amid the U.S.-China trade war. But OPEC stopped short of pledging action beyond March and analysts have questioned the impact of the latest curbs. Brent futures were...

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