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POPULAR NEWS
Gold Jumps as Investors Seek a Haven Amid Growing Virus Fears

Spot gold jumped as much as 1.1% to $1,588.68/oz as investors sought a haven amid growing fears over the spread of the coronavirus around the world. Trades 0.7% higher at $1,582.96 at 7:54am in Singapore; rose 0.9% last week. Stock futures and crude oil tumble as investors are spooked by the impact of the virus; Treasury futures climb. Source : Bloomberg

Oil Tumbles on Virus Fear While Saudis See 'Very Limited' Impact

Oil tumbled as the market opened in Asia on fears China's deadly coronavirus will crimp energy demand, prompting Saudi Arabia to say it was closely monitoring the situation. Futures in London and New York plunged more than 3% in early trading as the death toll from the outbreak in China rose and as officials extended the Lunar New Year holiday to help stem the spread of the outbreak. While Goldman Sachs Group Inc. predicted last week that global oil demand may take a hit, Saudi...

Yen jumps, yuan slumps on worries China struggling to contain virus

The yen rose and the yuan fell in offshore trade on Monday as worries that China is struggling to contain the spread of a pneumonia-like virus sparked a bout of risk aversion. Japan's currency, often sought as a safe-haven in times of uncertainty, rose to the highest in almost three weeks versus the dollar, while the yuan fell to its lowest since Jan. 8. China's cabinet announced it will extend the Lunar New Year holidays to Feb. 2, to strengthen the prevention and control of the new...

Tokyo's Nikkei opens down more than 2% on China virus fears

Tokyo's key Nikkei index dropped more than two percent at the open on Monday on concerns over the potential impact of a new coronavirus that has killed 80 people in China. The benchmark Nikkei 225 index lost 2.04 percent, or 486.13 points, to 23,341.05 in early trade, while the broader Topix index fell 1.84 percent, or 31.77 points, to 1,698.67. Source : AFP

Safe Havens Shine as Spreading Virus Spurs Rush to Buy Gold

Gold jumped as the spread of the coronavirus globally spurred demand for haven assets. Prices rose as much as 1.1% as risk-off sentiment swept markets, with equitiestumbling and Treasures gaining. In the latest attempt at containment, China extended the week-long Lunar New Year holiday and banned all outgoing overseas group tours to avoid having travelers contribute to its spread. President Xi Jinping's government is under pressure to combat the outbreak that shows little sign...

Pound Holds Onto World-Topping Rally as Voting in U.K. Begins
Thursday, 12 December 2019 17:39 WIB | CURRENCIES |PoundsterlingSterling,pound

The pound reached the highest since March as British voters headed to the polls to decide between Conservatives hoping to deliver Brexit in January and a Labour Party promising a second referendum.

Sterling gained for a fourth day before steadying near $1.32 as markets bet on a win for Boris Johnson™s Conservative Party. The U.K. currency has been the world™s best performer in recent months, with the rally holding even as polls conducted ahead of voting suggested the race was beginning to narrow.

The pound traded steady at $1.3191 by 10:00 a.m. in London, after touching $1.3229, the highest since March 27. It also held its ground at 84.37 pence per euro.

Source : Bloomberg

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POPULAR NEWS
Gold Jumps as Investors Seek a Haven Amid Growing Virus Fears

Spot gold jumped as much as 1.1% to $1,588.68/oz as investors sought a haven amid growing fears over the spread of the coronavirus around the world. Trades 0.7% higher at $1,582.96 at 7:54am in Singapore; rose 0.9% last week. Stock futures and crude oil tumble as investors are spooked by the impact of the virus; Treasury futures climb. Source : Bloomberg

Oil Tumbles on Virus Fear While Saudis See 'Very Limited' Impact

Oil tumbled as the market opened in Asia on fears China's deadly coronavirus will crimp energy demand, prompting Saudi Arabia to say it was closely monitoring the situation. Futures in London and New York plunged more than 3% in early trading as the death toll from the outbreak in China rose and as officials extended the Lunar New Year holiday to help stem the spread of the outbreak. While Goldman Sachs Group Inc. predicted last week that global oil demand may take a hit, Saudi...

Yen jumps, yuan slumps on worries China struggling to contain virus

The yen rose and the yuan fell in offshore trade on Monday as worries that China is struggling to contain the spread of a pneumonia-like virus sparked a bout of risk aversion. Japan's currency, often sought as a safe-haven in times of uncertainty, rose to the highest in almost three weeks versus the dollar, while the yuan fell to its lowest since Jan. 8. China's cabinet announced it will extend the Lunar New Year holidays to Feb. 2, to strengthen the prevention and control of the new...

Tokyo's Nikkei opens down more than 2% on China virus fears

Tokyo's key Nikkei index dropped more than two percent at the open on Monday on concerns over the potential impact of a new coronavirus that has killed 80 people in China. The benchmark Nikkei 225 index lost 2.04 percent, or 486.13 points, to 23,341.05 in early trade, while the broader Topix index fell 1.84 percent, or 31.77 points, to 1,698.67. Source : AFP

Safe Havens Shine as Spreading Virus Spurs Rush to Buy Gold

Gold jumped as the spread of the coronavirus globally spurred demand for haven assets. Prices rose as much as 1.1% as risk-off sentiment swept markets, with equitiestumbling and Treasures gaining. In the latest attempt at containment, China extended the week-long Lunar New Year holiday and banned all outgoing overseas group tours to avoid having travelers contribute to its spread. President Xi Jinping's government is under pressure to combat the outbreak that shows little sign...

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