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POPULAR NEWS
Gold extends loss to a third session as dollar strengthens to 1 1/2-year high

Gold prices on Monday settled lower for a third straight session as a popular gauge of the dollar strengthened to its highest level in more than 17 months, weighing on demand for the precious metal. December gold lost $5.10, or 0.4%, to settle at $1,203.50 an ounce, after posting a drop of 2% last week, falling nearly 1.4% on Friday alone. Monday marked the lowest finish for a most-active contract since Oct. 10, according to FactSet data. Prices for the metal have now posted declines in six...

Gold Holds Near One-Month Low as Inflation in Focus

Gold held near the lowest in a month as investors awaited data on inflation later this week for signs that the Federal Reserve has a case for raising interest rates further. A Labor Department report on Friday showed producer prices in the U.S. rose the most since 2012 on broad gains in costs for goods and services. Consumer inflation probably rebounded in October after easing in September, according to analyst estimates before data due Wednesday. At its meeting last...

Oil Pares Bear Market Collapse on Prospect of OPEC Curbs in 2019

Oil rose for the first time in 11 sessions on the possibility that OPEC and its allies will cut output next year and after Saudi Arabia said it will reduce sales in December. While futures in New York climbed as much as 1.3 percent on Monday, they are still down about 20 percent from a 2014-high reached early last month. Top OPEC member Saudi Arabia said exports will be curbed by 500,000 barrels a day in December, and a committee of the Organization of Petroleum Exporting...

Gold Holds Near One-Month Low as Inflation in Focus

Gold held near the lowest in a month as investors awaited data on inflation later this week for signs that the Federal Reserve has a case for raising interest rates further. A Labor Department report on Friday showed producer prices in the U.S. rose the most since 2012 on broad gains in costs for goods and services. Consumer inflation probably rebounded in October after easing in September, according to analyst estimates before data due Wednesday. At its meeting last...

Tokyo Stocks Open Lower on Monday

Tokyo stocks opened lower on Monday tracking falls on Wall Street last week amid lingering worries over global economic growth. The Nikkei 225 index was down 0.55 percent, or 121.75 points, at 22,128.50 in early trade, while the broader Topix index was down 0.50 percent, or 8.30 points, at 1,664.68. Source : AFP

Trump: 'No Rush' to Drop Sanctions Against North Korea
Friday, 9 November 2018 01:13 WIB | GLOBAL |Global

President Donald Trump says he is in "no rush" to finalize a deal with North Korea and remove sanctions.

"I would love to take the sanctions off, but they have to be responsive too. It's a two-way street," Trump said during a lengthy White House news conference Wednesday.

He told reporters he has made more progress with North Korea than any other administration and that he still plans another summit with Kim Jong Un early next year.

Trump spoke just hours after Thursday's scheduled meeting between U.S. Secretary of State Mike Pompeo and senior Kim adviser Kim Yong Chol was called off.

Neither side gave any firm reason why the talks were postponed other than State Department deputy spokesman Robert Palladino calling it "purely a matter of scheduling."

"We're in a pretty good place right now. We are confident going forward," Palladino told reporters. "We're not going to be driven into artificial timelines."

The talks in New York were largely seen as paving the way for the second Trump-Kim summit.

Source : VOA

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POPULAR NEWS
Gold extends loss to a third session as dollar strengthens to 1 1/2-year high

Gold prices on Monday settled lower for a third straight session as a popular gauge of the dollar strengthened to its highest level in more than 17 months, weighing on demand for the precious metal. December gold lost $5.10, or 0.4%, to settle at $1,203.50 an ounce, after posting a drop of 2% last week, falling nearly 1.4% on Friday alone. Monday marked the lowest finish for a most-active contract since Oct. 10, according to FactSet data. Prices for the metal have now posted declines in six...

Gold Holds Near One-Month Low as Inflation in Focus

Gold held near the lowest in a month as investors awaited data on inflation later this week for signs that the Federal Reserve has a case for raising interest rates further. A Labor Department report on Friday showed producer prices in the U.S. rose the most since 2012 on broad gains in costs for goods and services. Consumer inflation probably rebounded in October after easing in September, according to analyst estimates before data due Wednesday. At its meeting last...

Oil Pares Bear Market Collapse on Prospect of OPEC Curbs in 2019

Oil rose for the first time in 11 sessions on the possibility that OPEC and its allies will cut output next year and after Saudi Arabia said it will reduce sales in December. While futures in New York climbed as much as 1.3 percent on Monday, they are still down about 20 percent from a 2014-high reached early last month. Top OPEC member Saudi Arabia said exports will be curbed by 500,000 barrels a day in December, and a committee of the Organization of Petroleum Exporting...

Gold Holds Near One-Month Low as Inflation in Focus

Gold held near the lowest in a month as investors awaited data on inflation later this week for signs that the Federal Reserve has a case for raising interest rates further. A Labor Department report on Friday showed producer prices in the U.S. rose the most since 2012 on broad gains in costs for goods and services. Consumer inflation probably rebounded in October after easing in September, according to analyst estimates before data due Wednesday. At its meeting last...

Tokyo Stocks Open Lower on Monday

Tokyo stocks opened lower on Monday tracking falls on Wall Street last week amid lingering worries over global economic growth. The Nikkei 225 index was down 0.55 percent, or 121.75 points, at 22,128.50 in early trade, while the broader Topix index was down 0.50 percent, or 8.30 points, at 1,664.68. Source : AFP

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