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POPULAR NEWS
Gold Advances as German Talks Fail, U.S. Tax Weighed

Gold holds near one-month high as talks on forming German government collapse, pummeling euro and boosting haven demand. Investors also assessing uncertainty over U.S. tax reform ahead of release of Fed meeting this week. Bullion for immediate delivery as much as +0.2% to $1,294.88/oz, before trading at $1,292.60 at 9:26am in Singapore: Bloomberg generic pricing. Source : Bloomberg

Gold drops on stronger dollar

Gold dropped on Monday as the dollar rose but political and economic uncertainty in the United States continued to dominate sentiment. Spot gold was down 1.43 percent at $1,275.80 an ounce, off Friday's peak of $1,297, its strongest since Oct. 16. U.S. gold futures for December settled down at $1,275.30 an ounce. The dollar gained against the euro after German Chancellor Angela Merkel's efforts to form a three-way coalition government failed. Merkel said she would inform the German president...

Gold Gives Up Early Gains, Tracking Volatile Euro-Dollar Amid German Political Uncertainty

Gold eased Monday, giving up early gains seen amid German political uncertainty. Relative stability for the euro as Monday™s trading session progressed helped the shared currency against the dollar, dulling some of the early demand shown for the haven metal. Gold may consolidate short term after prices rallied Friday to a more than one-month high. The metal tacked on nearly 1.8% for last week, as the latest developments in the investigation into Russia™s interference in the U.S....

GBP/USD - Recovery Continues, Focus on German Politics and Brexit

GBP/USD has recovered more than 50% of its intraday losses but is struggling build momentum above 1.32 levels. The collapse of the German coalition talks and the resulting action in Asia (weak EUR, GBP) clearly indicates that investors fear "all major decisions, including Brexit negotiations" could be put on hold till the situation in Germany is sorted out. Thus, GBP could remain under pressure in Europe. The data calendar is light, but BoE Deputy Governor David Ramsden, who voted against...

Gold Holds Worst Loss in Two Months as Dollar Recovers

Gold holds biggest drop in almost two months as dollar strengthens and equities regain poise. Investors await minutes Wednesday from last Federal Reserve meeting and weigh Fed Chair Janet Yellen™s announcement that she™ll step down from board of governors after Jerome Powell™s sworn in. Bullion for immediate delivery +0.2% to $1,279.30/oz by 10:10am in Singapore, after -1.2% Monday, largest decline since Sept. 26: Bloomberg generic pricing. Source : Bloomberg

European stocks end 5-day win streak as U.K. equities suffer
Wednesday, 13 September 2017 23:24 WIB | MARKET UPDATE |Stoxx 600Indeks Stoxx Europe 600Saham EropaStoxx Europe 600

Europe's benchmark stock index closed marginally lower on Wednesday, as London-listed shares sold off and Apple Inc. suppliers declined a day after the tech giant revealed its new iPhones.

The Stoxx Europe 600 index fell 0.08 point to end at 381.34, narrowly breaking a five-session winning streak. On Tuesday, the benchmark rose 0.5%.

The Stoxx 600 was feeling the weight of a selloff in London-listed blue-chips as strength in the British pound piled on pressure. Sterling traded at its highest in a year, above $1.33, during the session. The currency fell, however, after U.K. wage-growth figures came in weaker than expected, but the FTSE 100 still ended down 0.3% at 7,379.70.

Germany™s DAX 30 index ended 0.2% higher at 12,553.57, and France™s CAC 30 index moved up 0.2% to 5,217.59.

Source: Marketwatch

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POPULAR NEWS
Gold Advances as German Talks Fail, U.S. Tax Weighed

Gold holds near one-month high as talks on forming German government collapse, pummeling euro and boosting haven demand. Investors also assessing uncertainty over U.S. tax reform ahead of release of Fed meeting this week. Bullion for immediate delivery as much as +0.2% to $1,294.88/oz, before trading at $1,292.60 at 9:26am in Singapore: Bloomberg generic pricing. Source : Bloomberg

Gold drops on stronger dollar

Gold dropped on Monday as the dollar rose but political and economic uncertainty in the United States continued to dominate sentiment. Spot gold was down 1.43 percent at $1,275.80 an ounce, off Friday's peak of $1,297, its strongest since Oct. 16. U.S. gold futures for December settled down at $1,275.30 an ounce. The dollar gained against the euro after German Chancellor Angela Merkel's efforts to form a three-way coalition government failed. Merkel said she would inform the German president...

Gold Gives Up Early Gains, Tracking Volatile Euro-Dollar Amid German Political Uncertainty

Gold eased Monday, giving up early gains seen amid German political uncertainty. Relative stability for the euro as Monday™s trading session progressed helped the shared currency against the dollar, dulling some of the early demand shown for the haven metal. Gold may consolidate short term after prices rallied Friday to a more than one-month high. The metal tacked on nearly 1.8% for last week, as the latest developments in the investigation into Russia™s interference in the U.S....

GBP/USD - Recovery Continues, Focus on German Politics and Brexit

GBP/USD has recovered more than 50% of its intraday losses but is struggling build momentum above 1.32 levels. The collapse of the German coalition talks and the resulting action in Asia (weak EUR, GBP) clearly indicates that investors fear "all major decisions, including Brexit negotiations" could be put on hold till the situation in Germany is sorted out. Thus, GBP could remain under pressure in Europe. The data calendar is light, but BoE Deputy Governor David Ramsden, who voted against...

Gold Holds Worst Loss in Two Months as Dollar Recovers

Gold holds biggest drop in almost two months as dollar strengthens and equities regain poise. Investors await minutes Wednesday from last Federal Reserve meeting and weigh Fed Chair Janet Yellen™s announcement that she™ll step down from board of governors after Jerome Powell™s sworn in. Bullion for immediate delivery +0.2% to $1,279.30/oz by 10:10am in Singapore, after -1.2% Monday, largest decline since Sept. 26: Bloomberg generic pricing. Source : Bloomberg

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