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POPULAR NEWS
Sterling Slips From 5-Mth High after Brexit Plan Hits Snag

Sterling fell over half a percent against the dollar on Monday, slipping from five-month highs after the British parliament delayed a crucial vote on a Brexit withdrawal agreement. The move derailed Prime Minister Boris Johnson's plan for a decision on his withdrawal deal, but the pound held the bulk of its recent rally on confidence that a disorderly exit from the European Union would be avoided. In early Asian trade, the pound fell 0.72% to $1.2896, having hit a five-month peak of $1.2990...

Asian Share Markets Cautious, Pound Stumbles on Brexit Drama

Asian stocks were steady in a cautious start to the week on Monday, while the British pound fell following a delay to a crucial vote on Britain's divorce from the European Union. MSCI's broadest index of Asia-Pacific shares outside Japan were flat, with Australian shares off down 0.3%. Japan's Nikkei rose 0.13%. The Brexit maelstrom, worries over slowing global growth and international trade frictions have kept investors on edge over recent months. Oil futures fell as lingering economic...

Gold Prices Flat; Traders Looking for Next Catalyst

Gold is flat in early Asian trade. Traders are most likely looking for the next catalyst that will lift gold prices, AxiTrader says. Meanwhile, gold is likely to remain supported by recent weak global economic data and risks related to U.S.-China trade tensions in the near term, it says. Spot gold is flat at $1,490.57/oz. Source : Bloomberg

Tokyo Stocks Open Higher

Tokyo stocks opened higher on Monday after British Prime Minister Boris Johnson's latest failure to break the Brexit deadlock, with eyes shifting to Japanese corporate earnings season starting this week. The benchmark Nikkei 225 index was up 0.25 percent, or 55.82 points, at 22,548.50 in early trade, while the broader Topix index was rose 0.28 percent, or 4.58 points, to 1,626.57. Source : AFP

Oil Prices Dip on Weak Demand Outlook, Supply Concerns

Oil prices eased on Monday amid persistent concerns about the global economic outlook and the impact on oil demand, while Russia again missed its target to cut oil output last month. Global benchmark Brent crude oil futures fell by 10 cents, or 0.2%, to $59.32 a barrel by 01:08 GMT. U.S. crude oil futures were down by 9 cents, or 0.2%, to $53.69. The Organization of the Petroleum Exporting Countries (OPEC), Russia and other oil producers, an alliance known as OPEC+, agreed in December to...

Trump: US is 'Locked and Loaded' to Respond to Saudi Oil Attack
Monday, 16 September 2019 17:05 WIB | GLOBAL |Global

U.S. President Donald Trump says American forces are 'locked and loaded' to respond to the fiery attacks on one of Saudi Arabia's largest oil fields and the world™s biggest crude oil stabilization facility.

"There is reason to believe we know the culprit," Trump tweeted late Sunday. He added he is waiting to hear from the Saudis as to who they believe is behind the attack and œunder what terms we would proceed.

Earlier, Secretary of State Mike Pompeo had tweeted that œIran has now launched an unprecedented attack on the world's energy supply," discounting the claim of responsibility by Iran-backed Houthi rebels in Yemen who said they carried out the attack by drones.

Iran calls the charges it is behind the attack, œmaximum lies.

Likely targets in Iran for the United States or Saudi Arabia œwould be refineries and critical oil facilities, Ali Shihabi, the founder of the Arabia Foundation, tells VOA.

Shihabi says, despite Trump™s tweet, it is not about Riyadh œdeciding, that any action the Saudis take œin retaliation across the Gulf will expose U.S. troops and facilities to Iranian attack, so it has to coordinate with the U.S.

Middlebury Institute of International Studies scholar Jeffrey Lewis says Trump leaving the decision to the Saudis œis pathetic.

Lewis, the founding publisher of the Arms Control Wonk blog, tells VOA the U.S. president is œclearly leaving himself an out “ so he can declare that he œwanted to retaliate, but it was the Saudis who said no.Lewis adds that Trump œlikes to talk tough and I can™t rule out something symbolic, but I don™t think he has the stomach to start a war.

Source : VOA

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U.K. Faces Last Chance to Avoid No-Deal or Delay: Brexit Update...
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POPULAR NEWS
Sterling Slips From 5-Mth High after Brexit Plan Hits Snag

Sterling fell over half a percent against the dollar on Monday, slipping from five-month highs after the British parliament delayed a crucial vote on a Brexit withdrawal agreement. The move derailed Prime Minister Boris Johnson's plan for a decision on his withdrawal deal, but the pound held the bulk of its recent rally on confidence that a disorderly exit from the European Union would be avoided. In early Asian trade, the pound fell 0.72% to $1.2896, having hit a five-month peak of $1.2990...

Asian Share Markets Cautious, Pound Stumbles on Brexit Drama

Asian stocks were steady in a cautious start to the week on Monday, while the British pound fell following a delay to a crucial vote on Britain's divorce from the European Union. MSCI's broadest index of Asia-Pacific shares outside Japan were flat, with Australian shares off down 0.3%. Japan's Nikkei rose 0.13%. The Brexit maelstrom, worries over slowing global growth and international trade frictions have kept investors on edge over recent months. Oil futures fell as lingering economic...

Gold Prices Flat; Traders Looking for Next Catalyst

Gold is flat in early Asian trade. Traders are most likely looking for the next catalyst that will lift gold prices, AxiTrader says. Meanwhile, gold is likely to remain supported by recent weak global economic data and risks related to U.S.-China trade tensions in the near term, it says. Spot gold is flat at $1,490.57/oz. Source : Bloomberg

Tokyo Stocks Open Higher

Tokyo stocks opened higher on Monday after British Prime Minister Boris Johnson's latest failure to break the Brexit deadlock, with eyes shifting to Japanese corporate earnings season starting this week. The benchmark Nikkei 225 index was up 0.25 percent, or 55.82 points, at 22,548.50 in early trade, while the broader Topix index was rose 0.28 percent, or 4.58 points, to 1,626.57. Source : AFP

Oil Prices Dip on Weak Demand Outlook, Supply Concerns

Oil prices eased on Monday amid persistent concerns about the global economic outlook and the impact on oil demand, while Russia again missed its target to cut oil output last month. Global benchmark Brent crude oil futures fell by 10 cents, or 0.2%, to $59.32 a barrel by 01:08 GMT. U.S. crude oil futures were down by 9 cents, or 0.2%, to $53.69. The Organization of the Petroleum Exporting Countries (OPEC), Russia and other oil producers, an alliance known as OPEC+, agreed in December to...

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