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POPULAR NEWS
Gold futures finish higher, near 1-week high

Gold futures moved higher on Monday, building on last week's climb to mark their highest finish in almost a week. The ICE U.S. Dollar Index was down 0.4% in Monday dealings, providing a boost to dollar-denominated gold prices.  August gold rose $3.50, or 0.2%, to settle at $1,793.50 an ounce. That was the highest settlement since June 30, when prices ended above $1,800 for the first time since September 2011. Source: Marketwatch

Gold futures log highest finish since September 2011

Gold futures marked their highest finish in nearly nine years, after climbing to nearly $1,810 an ounce during Tuesday's session. Prices had seen a "routine downside correction following recent gains" in early Tuesday action, that was "once again seen as a value-buying opportunity in the yellow metal, on strong notions more price appreciation lies ahead," said Jim Wyckoff, senior analyst at Kitco.com, in a market update. August gold rose $16.40, or 0.9%, to settle at $1,809.90 an ounce. That...

Gold Holds Gain Amid Virus Resurgence, Weaker Dollar

Gold held near the highest level in more than seven years on demand for haven assets amid the resurgence in coronavirus cases in some parts of the world, while the U.S. dollar slipped. The pace of new infections in Tokyo, Iran and elsewhere is raising concerns about a fresh wave. Australia™s two most-populous states will close their shared border from Tuesday night as authorities battle to contain a spike in cases. Any vaccine developed to ward off the novel...

Oil steady as hopeful economic data face spike in virus cases

Oil futures ended largely steady on Monday as positive economic data supported prices, while a spike in coronavirus cases in the United States that could curb fuel demand pressured prices. Brent crude settled at $43.10 a barrel, up 30 cents. U.S. West Texas Intermediate (WTI) crude settled at $40.63 a barrel, down 2 cents. Production by the Organization of the Petroleum Exporting Countries (OPEC) has fallen to its lowest in decades. OPEC and other producers including Russia, collectively...

Wall Street jumps on strong services sector, hopes of China recovery

U.S. stocks rose sharply on Monday as a rebound in U.S. services industry activity in June and expectations of a revival in China™s economy boosted optimism, helping investors look past a surge in new coronavirus cases in the United States. A non-manufacturing activity index jumped to a reading of 57.1 last month, the highest since February, from 45.4 in May, according to a report from the Institute for Supply Management (ISM). Unofficially, the Dow Jones Industrial Average rose 459.47...

Dozens Killed in Iraq as Protests Escalate
Friday, 29 November 2019 17:44 WIB | GLOBAL |Global

Iraqi security forces used live ammunition against mostly unarmed demonstrators Thursday, killing at least 40 people in one of the bloodiest days since anti-government protests began last month, security and medical officials said.

At least 25 people were killed and more than 200 wounded when security forces opened fire on protesters who had blocked key roads and bridges in the southern city of Nasiriyah.

Baghdad said it had sent military troops to restore order across southern Iraq, where protests have grown increasingly violent. Demonstrators have occupied buildings and bridges and have clashed with security forces, who have used tear gas and live ammunition almost daily since protests began.

"The scenes from Nasiriyah this morning more closely resemble a war zone than city streets and bridges. This brutal onslaught is just the latest in a long series of deadly events where Iraqi security forces meted out appalling violence against largely peaceful protesters,'' said Lynn Maalouf, the group's Middle East research director.

Al Jazeera reported that Prime Minister Adel Abdul-Mahdi fired Lieutenant-General Jamil al-Shammari less than a day after he was put in charge of bringing order to Dhi Qar, of which Nasiriyah is the capital. Local media also reported late Thursday that the governor of Dhi Qar had resigned.

In Baghdad, security forces shot and killed four people and wounded at least another 22 as protesters tried to cross the Ahrar Bridge, which leads to the Green Zone, the heavily fortified seat of Iraq's government.

The clashes came a day after protesters burned down an Iranian consulate in the holy city of Najaf. The staff at the consulate were unharmed because they had evacuated just before the attack, the state-run Islamic Republic News Agency reported Thursday. Iran Foreign Ministry spokesman Abbas Mousavi called for a "responsible, strong and effective'' response to the attack.

This was the second time protesters had attacked an Iranian diplomatic mission. Earlier this month, protesters threw Molotov cocktails over the consulate walls in Karbala, but the fire did not catch.

The demonstrators are demanding an end to government corruption and what they perceive as increasing Iranian influence in Iraqi affairs.

More than 350 people have been killed and thousands more wounded since October.

Source : VOA            

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POPULAR NEWS
Gold futures finish higher, near 1-week high

Gold futures moved higher on Monday, building on last week's climb to mark their highest finish in almost a week. The ICE U.S. Dollar Index was down 0.4% in Monday dealings, providing a boost to dollar-denominated gold prices.  August gold rose $3.50, or 0.2%, to settle at $1,793.50 an ounce. That was the highest settlement since June 30, when prices ended above $1,800 for the first time since September 2011. Source: Marketwatch

Gold futures log highest finish since September 2011

Gold futures marked their highest finish in nearly nine years, after climbing to nearly $1,810 an ounce during Tuesday's session. Prices had seen a "routine downside correction following recent gains" in early Tuesday action, that was "once again seen as a value-buying opportunity in the yellow metal, on strong notions more price appreciation lies ahead," said Jim Wyckoff, senior analyst at Kitco.com, in a market update. August gold rose $16.40, or 0.9%, to settle at $1,809.90 an ounce. That...

Gold Holds Gain Amid Virus Resurgence, Weaker Dollar

Gold held near the highest level in more than seven years on demand for haven assets amid the resurgence in coronavirus cases in some parts of the world, while the U.S. dollar slipped. The pace of new infections in Tokyo, Iran and elsewhere is raising concerns about a fresh wave. Australia™s two most-populous states will close their shared border from Tuesday night as authorities battle to contain a spike in cases. Any vaccine developed to ward off the novel...

Oil steady as hopeful economic data face spike in virus cases

Oil futures ended largely steady on Monday as positive economic data supported prices, while a spike in coronavirus cases in the United States that could curb fuel demand pressured prices. Brent crude settled at $43.10 a barrel, up 30 cents. U.S. West Texas Intermediate (WTI) crude settled at $40.63 a barrel, down 2 cents. Production by the Organization of the Petroleum Exporting Countries (OPEC) has fallen to its lowest in decades. OPEC and other producers including Russia, collectively...

Wall Street jumps on strong services sector, hopes of China recovery

U.S. stocks rose sharply on Monday as a rebound in U.S. services industry activity in June and expectations of a revival in China™s economy boosted optimism, helping investors look past a surge in new coronavirus cases in the United States. A non-manufacturing activity index jumped to a reading of 57.1 last month, the highest since February, from 45.4 in May, according to a report from the Institute for Supply Management (ISM). Unofficially, the Dow Jones Industrial Average rose 459.47...

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