Gold held near a two-week low as the latest twists in the U.S.-China trade war fanned support for the dollar. Spot gold -0.1% at $1,276.10/oz in London.Price reached $1,273.71 on Monday, lowest since May 3. Beijing™s ambassador to the European Union warned of the potential for retaliation after President Donald Trump blacklisted Huawei Technologies Co. Gold still stands to benefit if U.S.-China relations deteriorate, although that may be offset by diminished Asian demand, Citigroup Inc. said. The dollar™s recent strength has been the primary driver capping bullion,...

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Sterling fell below $1.27 for the first time since mid-January, battered by dollar strength and expectations that Prime Minister Theresa May will fail to persuade cabinet colleagues to back an amended version of her Brexit withdrawal deal. Brexit uncertainty has grown in recent weeks after the breakdown of talks between May and the opposition Labour party. That has set the stage for the...

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Gold held near a two-week low as the latest twists in the U.S.-China trade war fanned support for the dollar, with Beijing's ambassador to the European Union warning of the potential for retaliation after President Donald Trump blacklisted Huawei Technologies Co. Spot gold -0.1% at $1,276.36/oz at 10:36am in Singapore. Price dropped to $1,273.71 on Monday, the lowest...

Oil prices edged up on Tuesday on escalating tensions between the United States and Iran and on signs that producer club OPEC will continue withholding supply this year. However, gains were checked by concerns that a prolonged Sino-U.S. trade war could lead to a global economic slowdown. Brent crude futures, the international benchmark for oil prices, were at $72.03 per barrel at 0118 GMT, up...

The dollar held near a 2-1/2-week high on Tuesday, supported by higher U.S.-yields and as intensifying trade frictions between the United States and China boosted appetite for the safe-haven greenback. The dollar index against a basket of six major currencies stood at 97.947 after brushing 98.036 overnight, its highest since May 3. Global equities have taken a hit this week, with a U.S....

PRECIOUS METALS
Gold Holds Near Two-Week Low as Dollar Builds on Gains
Tuesday, 21 May 2019 17:47 WIB Gold held near a two-week low as the latest twists in the U.S.-China trade war fanned support for the dollar. Spot gold -0.1% at...
ENERGY
Oil rises on escalating U.S.-Iran tensions; trade war concerns weigh
Tuesday, 21 May 2019 08:48 WIB Oil prices edged up on Tuesday on escalating tensions between the United States and Iran and on signs that producer club OPEC will continue...
CURRENCIES
Firmer Dollar and Brexit Fears Push Sterling Under $1.27
Tuesday, 21 May 2019 16:45 WIB Sterling fell below $1.27 for the first time since mid-January, battered by dollar strength and expectations that Prime Minister Theresa May will...

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