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POPULAR NEWS
Gold Falls as Potential Japan Stimulus Boosts Risk Appetite

Gold declined on Monday as Japanese equities rose on news of a potential stimulus program that boosted investors™ risk appetite, though fresh tensions over Hong Kong limited the metal™s fall. Spot gold was down 0.5% at $1,726.18 per ounce by 0512 GMT. U.S. gold futures were fell 0.5% to $1,726.60. Gold on Friday rose as much as 0.8% to touch $1,739.51, before paring gains. Japan is considering fresh stimulus worth over $929 billion, which mostly consists of financial aid programs for...

Gold Down Over Escalating U.S.-China Tensions

Gold was down in Asia on Monday morning, with escalating U.S.-China tensions continuing to impact demand for even the safe-haven asset. Gold futures slid by 0.47% at $1,727.40 by 12:26 AM ET (5:26 AM GMT), with the yellow metal unable to hold onto its gains from the previous session. Stocks, which usually move in the opposite direction to gold, were mixed with Greater Chinese stocks suffering losses on Monday. Investors risk sentiment was down on Friday after China formally tabled national...

Gold Steady As Stronger Equities Offset Political Tensions

Gold traded little changed on Tuesday as gains in equities on optimism over a reopening global economy offset support from a softer dollar and lingering tensions over Hong Kong and Venezuela. Spot gold was flat at $1,729.83 per ounce by 1253 GMT. U.S. gold futures were down 0.2% to $1,732.10. Japan™s Nikkei rose 1% to its highest since early March, while MSCI™s broadest index of Asia-Pacific shares outside Japan added 0.1% in early trade. Source : Reuters

Oil Dips as U.S.-China Tensions Add to Nerves on Global Economy

Oil edged lower as an escalating war of words between the U.S. and China added to caution over the prospects for a global recovery in demand. Futures in New York lost 0.4% in Asian trading after falling 2% on Friday. China warned that some in the U.S. were pushing the countries toward a new Cold War, stoking concerns that deteriorating relations between the superpowers could complicate the market™s recovery from a historic demand crash. Beijing last week abandoned its decades-long practice...

Gold down as potential Japanese stimulus boosts risk appetite

Gold declined on Monday as Japanese equities rose on news of a potential stimulus programme that boosted investors' risk appetite, though fresh tensions over Hong Kong limited the metal's fall. Spot gold fell 0.4% to $1,728.06 per ounce by 02:52 GMT. U.S. gold futures were down 0.4% at 1,728.50. Gold on Friday rose as much as 0.8% to touch $1,739.51, before paring gains. Japan is considering fresh stimulus worth over $929 billion, which mostly consists of financial aid programmes for...

Trump Says Americans Want to Return to Work Amid Coronavirus Pandemic
Wednesday, 25 March 2020 18:27 WIB | GLOBAL |Global

U.S. President Donald Trump is poised to send the United States back to work within weeks, despite warnings from medical experts that might be premature to prevent an even wider spread of the COVID-19 virus.

"I would like to have the country opened up and just raring to go by Easter", which is April 12, Trump said during an interview on Fox News on Tuesday.

"We have to go back to work sooner, much sooner, than people thought," the president said, warning of the severe damage to the economy that could shave 20 to 25 points off gross domestic product.

In a subsequent White House interview with Fox News, Trump also said it would "be beautiful" to "have packed churches all over our country" on Easter, despite the warnings from the medical community that social distancing may have to continue across much of the United States for months.

At a White House briefing for reporters later in the day, Trump said he would rely on the coronavirus task force and data for setting a date that could see some sections of the country that are not hot spots for COVID-19 ” such as the Farm Belt, some of the western states and Texas ” released from coronavirus guidance on social distancing.

"I hope we can do this by Easter," the president reiterated.

The Democratic Party candidate that Republican Trump is likely to face in November's general election appeared incredulous when asked about the president's comment to re-open the country within weeks.

"By Easter, he wants everyone back to work? What he's talking about?" said former Vice President Joe Biden.

The United States has the third-highest number of COVID-19 cases of any country after China and Italy, with about 50,000 people confirmed to have been infected and more than 600 dead.

Source : VOA

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POPULAR NEWS
Gold Falls as Potential Japan Stimulus Boosts Risk Appetite

Gold declined on Monday as Japanese equities rose on news of a potential stimulus program that boosted investors™ risk appetite, though fresh tensions over Hong Kong limited the metal™s fall. Spot gold was down 0.5% at $1,726.18 per ounce by 0512 GMT. U.S. gold futures were fell 0.5% to $1,726.60. Gold on Friday rose as much as 0.8% to touch $1,739.51, before paring gains. Japan is considering fresh stimulus worth over $929 billion, which mostly consists of financial aid programs for...

Gold Down Over Escalating U.S.-China Tensions

Gold was down in Asia on Monday morning, with escalating U.S.-China tensions continuing to impact demand for even the safe-haven asset. Gold futures slid by 0.47% at $1,727.40 by 12:26 AM ET (5:26 AM GMT), with the yellow metal unable to hold onto its gains from the previous session. Stocks, which usually move in the opposite direction to gold, were mixed with Greater Chinese stocks suffering losses on Monday. Investors risk sentiment was down on Friday after China formally tabled national...

Gold Steady As Stronger Equities Offset Political Tensions

Gold traded little changed on Tuesday as gains in equities on optimism over a reopening global economy offset support from a softer dollar and lingering tensions over Hong Kong and Venezuela. Spot gold was flat at $1,729.83 per ounce by 1253 GMT. U.S. gold futures were down 0.2% to $1,732.10. Japan™s Nikkei rose 1% to its highest since early March, while MSCI™s broadest index of Asia-Pacific shares outside Japan added 0.1% in early trade. Source : Reuters

Oil Dips as U.S.-China Tensions Add to Nerves on Global Economy

Oil edged lower as an escalating war of words between the U.S. and China added to caution over the prospects for a global recovery in demand. Futures in New York lost 0.4% in Asian trading after falling 2% on Friday. China warned that some in the U.S. were pushing the countries toward a new Cold War, stoking concerns that deteriorating relations between the superpowers could complicate the market™s recovery from a historic demand crash. Beijing last week abandoned its decades-long practice...

Gold down as potential Japanese stimulus boosts risk appetite

Gold declined on Monday as Japanese equities rose on news of a potential stimulus programme that boosted investors' risk appetite, though fresh tensions over Hong Kong limited the metal's fall. Spot gold fell 0.4% to $1,728.06 per ounce by 02:52 GMT. U.S. gold futures were down 0.4% at 1,728.50. Gold on Friday rose as much as 0.8% to touch $1,739.51, before paring gains. Japan is considering fresh stimulus worth over $929 billion, which mostly consists of financial aid programmes for...

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