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POPULAR NEWS
Gold Holds Tight Range Ahead of Key Brexit Vote, Focus on Fed

Gold steadied in a tight range on Tuesday as investors adopted a cautious approach ahead of a crucial Brexit vote, while focus shifted to the U.S. Federal Reserve™s stance on interest rate cuts. Spot gold was steady at $1,484.60 per ounce. U.S. gold futures settled mostly unchanged at $1,487.5. œEverything is really quiet. The biggest factor, with the Fed looming and Brexit on the horizon, in the U.S. is really company earnings right now, said Michael Matousek, head trader at U.S....

Gold Futures Mark First Climb in 4 Sessions

Gold futures climbed on Wednesday to mark their first gain in four sessions, with prices settling at their highest in nearly a week. "As investors grow weary waiting for a resolution to the Brexit saga, they are bound to fall back on their flight-to-safety mantra as they let the U.K. political uncertainties play out," said Han Tan, market analyst at FXTM. Also, "although investors' hopes over the U.S.-China 'phase-one' trade deal have dampened bullion of late, overarching concerns over the...

Gold Gains As ETF Holdings Inch Closer to Record

Gold reversed earlier losses as investors digest the latest trade and Brexit news. Holdings in gold-backed exchange-traded funds continue to close in on a record set in 2012. Gold ETFs expanded for a third day Monday, extending this year's increase to 16%. Central banks including Turkey and Germany also added gold holdings last month, joining major buyers like Russia and China, data from the International Monetary fund show. Spot gold rose 0.3% to $1,488.68/oz after...

Hong Kong shares close with gains

Hong Kong stocks finished on a positive note Tuesday, tracking gains on Wall Street thanks to growing hopes that China and the US will hammer out the first phase of their trade pact by next month. The Hang Seng Index rose 0.23 percent, or 60.52 points, to 26,786.20. The benchmark Shanghai Composite Index added 0.50 percent, or 14.76 points, to 2,954.38 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, climbed 1.01 percent, or 16.34 points, to 1,631.22. Source...

Oil Gains 1.6% on Report That OPEC Will Consider Deeper Production Cuts

Oil prices were higher following a report that OPEC and its allies would consider deeper production cuts when they meet in December. The report, which appeared on Reuters, quoted sources close to the producer group and reflected rumors that had been in the oil market previously. The cuts are expected to be made in response to the outlook for weaker demand growth. Oil had been slightly higher earlier after China signaled progress in trade talks with the United States, but gains were capped by...

Facebook, Instagram Close Accounts of Italian Neo-fascist Groups
Tuesday, 10 September 2019 11:04 WIB | GLOBAL |Global

Facebook and Instagram on Monday blocked the social media accounts of two Italian neo-fascist groups and some of their activists because they had violated the platforms' policies against spreading hate, Facebook said.

Casapound and Forza Nuova, which espouse extreme right-wing ideologies, have boosted their profile in Italy by leading anti-migrant campaigns on their social media sites.

"People and organizations that spread hatred or attack others based on who they are, have no place on Facebook and Instagram," Facebook, which owns Instagram, said in a statement.

Casapound leader Simone Di Stefano denounced the decision.

"This is an abuse by a private multinational in contempt of Italian law. A spit in the face of democracy," he wrote in a tweet. Casapound had 250,000 followers on Facebook.

Di Stefano said his personal profile, which had 140,000 followers, had been shuttered along with those of a number of city councilors around Italy who belong to the group.

Forza Nuova leader Roberto Fiore confirmed his movement's profiles had also gone dark, and said his group would respond with more street protests and recruitment.

The groups' political opponents applauded the move.

"This is another step towards the end of an organized season of hatred on social networks," said former lower house speaker and left-wing lawmaker Laura Boldrini.

On Monday, Casapound and Forza Nuova supporters took part in a protest outside parliament to demand snap elections after the center-left Democratic Party replaced the far-right League in a coalition with the anti-establishment 5-Star Movement.

Some of those in the crowd were filmed making the stiff-armed fascist salute.

Source : VOA

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POPULAR NEWS
Gold Holds Tight Range Ahead of Key Brexit Vote, Focus on Fed

Gold steadied in a tight range on Tuesday as investors adopted a cautious approach ahead of a crucial Brexit vote, while focus shifted to the U.S. Federal Reserve™s stance on interest rate cuts. Spot gold was steady at $1,484.60 per ounce. U.S. gold futures settled mostly unchanged at $1,487.5. œEverything is really quiet. The biggest factor, with the Fed looming and Brexit on the horizon, in the U.S. is really company earnings right now, said Michael Matousek, head trader at U.S....

Gold Futures Mark First Climb in 4 Sessions

Gold futures climbed on Wednesday to mark their first gain in four sessions, with prices settling at their highest in nearly a week. "As investors grow weary waiting for a resolution to the Brexit saga, they are bound to fall back on their flight-to-safety mantra as they let the U.K. political uncertainties play out," said Han Tan, market analyst at FXTM. Also, "although investors' hopes over the U.S.-China 'phase-one' trade deal have dampened bullion of late, overarching concerns over the...

Gold Gains As ETF Holdings Inch Closer to Record

Gold reversed earlier losses as investors digest the latest trade and Brexit news. Holdings in gold-backed exchange-traded funds continue to close in on a record set in 2012. Gold ETFs expanded for a third day Monday, extending this year's increase to 16%. Central banks including Turkey and Germany also added gold holdings last month, joining major buyers like Russia and China, data from the International Monetary fund show. Spot gold rose 0.3% to $1,488.68/oz after...

Hong Kong shares close with gains

Hong Kong stocks finished on a positive note Tuesday, tracking gains on Wall Street thanks to growing hopes that China and the US will hammer out the first phase of their trade pact by next month. The Hang Seng Index rose 0.23 percent, or 60.52 points, to 26,786.20. The benchmark Shanghai Composite Index added 0.50 percent, or 14.76 points, to 2,954.38 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, climbed 1.01 percent, or 16.34 points, to 1,631.22. Source...

Oil Gains 1.6% on Report That OPEC Will Consider Deeper Production Cuts

Oil prices were higher following a report that OPEC and its allies would consider deeper production cuts when they meet in December. The report, which appeared on Reuters, quoted sources close to the producer group and reflected rumors that had been in the oil market previously. The cuts are expected to be made in response to the outlook for weaker demand growth. Oil had been slightly higher earlier after China signaled progress in trade talks with the United States, but gains were capped by...

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