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POPULAR NEWS
Gold Ticks Up on Concerns Over Increase in Virus Cases

Gold climbed as investors sought haven assets amid the rise in coronavirus cases, with the World Health Organization reporting a one-day high in global infections over the weekend. U.S. virus cases increased 2%, more than the seven-day average, according to an updated Johns Hopkins University count, while global cases topped 11.3 million. Mexico overtook France with the fifth-deadliest outbreak. Spot gold +0.2% to $1,776.01/oz at 8:10am in Singapore. Last week,...

Tokyo Shares Open The Week on Positive Note

Tokyo shares opened higher Monday while investors monitored with caution a continued rebound of global coronavirus infections. The benchmark Nikkei 225 index rose 25.74 points or 0.12 percent to 22,332.22, while the broader Topix index added 2.94 points or 0.19 percent to 1,555.27. Source : AFP

Dollar in Tight Range Ahead of U.S. Services Sector Data

The dollar held steady against most currencies on Monday as investors awaited data expected to show the U.S. services sector stopped contracting, and highlighting the economic recovery from the coronavirus pandemic. The euro moved in a narrow range before economic data from Germany and the eurozone that are also forecast to show a sharp rebound in corporate activity and retail sales, which would ease concerns about the economic outlook. A steady rise of new coronavirus infections in the...

Oil Stuck Near $43 With Market Weighing Supply Against Virus

Oil in London was anchored near $43 a barrel as investors weighed tightening crude supplies and robust U.S. economic data against surging coronavirus infections. Libya™s oil exports are expected to slide this month as forces opposed to the government continue to block shipments, adding to coordinated OPEC+ cuts, while data last week showed the American labor market rebounded in June. However, a surge in U.S. virus cases has pushed global infections above 11.3...

Hong Kong Stocks Rise at Open

Hong Kong shares started on the front foot Monday, building on last week's rally as investors eye the ongoing reopening of economies around the world. The Hang Seng Index added 0.68 percent, or 172.42 points, to 25,545.54. The benchmark Shanghai Composite Index jumped 1.11 percent, or 35.03 points, to 3,187.84 while the Shenzhen Composite Index on China's second exchange gained 0.64 percent, or 12.98 points, to 2054.87. Source : AFP

Iran Stepping Back From Nuclear Deal With Increased Fordow Activity
Thursday, 7 November 2019 09:54 WIB | GLOBAL |Global

Iranian media reported Wednesday that Iran has put a container containing 2,000 kilograms of uranium hexafluoride in its Fordow nuclear facility in order to begin injecting uranium gas into centrifuges.

The move is Iran's latest step away from the agreement it signed in 2015 with a group of world powers to limit its nuclear activity in exchange for sanctions relief.

Under the Joint Comprehensive Plan of Action, Iran was allowed to keep 1,044 centrifuges at Fordow in six cascades, four of which were to remain idle while the other two were allowed to spin without uranium.

"Iran's 4th step in reducing its commitments under the JCPOA by injecting gas to 1044 centrifuges begins today," Iranian President Hassan Rouhani wrote on Twitter.  "Thanks to U.S. policy and its allies, Fordow will soon be back to full operation."

Reuters quoted a spokesman from the U.N.'s nuclear watchdog agency saying its inspectors were on the ground in Iran and would report "any relevant activities" to its headquarters in Vienna.

The United States has criticized Iran's increased nuclear activity, which followed last year's U.S. withdrawal from the nuclear deal and a subsequent push by Iran for the remaining signatories to help Iran deal with U.S. sanctions.

Source : VOA

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POPULAR NEWS
Gold Ticks Up on Concerns Over Increase in Virus Cases

Gold climbed as investors sought haven assets amid the rise in coronavirus cases, with the World Health Organization reporting a one-day high in global infections over the weekend. U.S. virus cases increased 2%, more than the seven-day average, according to an updated Johns Hopkins University count, while global cases topped 11.3 million. Mexico overtook France with the fifth-deadliest outbreak. Spot gold +0.2% to $1,776.01/oz at 8:10am in Singapore. Last week,...

Tokyo Shares Open The Week on Positive Note

Tokyo shares opened higher Monday while investors monitored with caution a continued rebound of global coronavirus infections. The benchmark Nikkei 225 index rose 25.74 points or 0.12 percent to 22,332.22, while the broader Topix index added 2.94 points or 0.19 percent to 1,555.27. Source : AFP

Dollar in Tight Range Ahead of U.S. Services Sector Data

The dollar held steady against most currencies on Monday as investors awaited data expected to show the U.S. services sector stopped contracting, and highlighting the economic recovery from the coronavirus pandemic. The euro moved in a narrow range before economic data from Germany and the eurozone that are also forecast to show a sharp rebound in corporate activity and retail sales, which would ease concerns about the economic outlook. A steady rise of new coronavirus infections in the...

Oil Stuck Near $43 With Market Weighing Supply Against Virus

Oil in London was anchored near $43 a barrel as investors weighed tightening crude supplies and robust U.S. economic data against surging coronavirus infections. Libya™s oil exports are expected to slide this month as forces opposed to the government continue to block shipments, adding to coordinated OPEC+ cuts, while data last week showed the American labor market rebounded in June. However, a surge in U.S. virus cases has pushed global infections above 11.3...

Hong Kong Stocks Rise at Open

Hong Kong shares started on the front foot Monday, building on last week's rally as investors eye the ongoing reopening of economies around the world. The Hang Seng Index added 0.68 percent, or 172.42 points, to 25,545.54. The benchmark Shanghai Composite Index jumped 1.11 percent, or 35.03 points, to 3,187.84 while the Shenzhen Composite Index on China's second exchange gained 0.64 percent, or 12.98 points, to 2054.87. Source : AFP

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