The U.S. dollar fell on Monday after CNBC reported that Chinese officials are pessimistic that a trade deal will be signed. The report, which cited government sources, said the bleak outlook was due to U.S. President Donald Trump™s reluctance to roll back tariffs. China has been pushing for the two sides to remove tariffs as they work on a phase one trade deal. Trump has said that he has not agreed to end tariffs, causing uncertainty on whether or not there will be a deal. Since then, both sides have said they are making progress but have not given any details on the outcome of...

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Gold prices edged down on Monday as optimism grew about U.S.-China trade ties following a report of œconstructive talks over the weekend, while losses were capped by a softer dollar. Spot gold was down about 0.3% to $1,463.40 per ounce at 0732 GMT, while U.S. gold futures were 0.4% lower at $1,462.90. Chinese state media Xinhua reported Washington and Beijing had a high-level phone call...

Oil prices inched higher on Monday, extending steady gains from the previous week, with investors awaiting fresh clues over prospects for a trade deal between the United States and China and shrugging off concerns over steadily rising oil supplies. Brent crude futures were up 11 cents, or 0.2%, to $63.41 a barrel at 0751 GMT. The contract rose 1.3% last week. West Texas Intermediate (WTI)...

Gold declines after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in holdings in bullion-backed exchange-traded funds. Spot gold -0.2% to $1,465.50/oz at 7:01am in London; +0.6% last week. Bloomberg Dollar Spot Index flat after -0.2% last week. U.S. and Chinese negotiators held œconstructive...

The dollar slid to one- week lows against a currency basket on Monday, as traders awaited fresh indications on whether the U.S. and China are moving closer to a deal to end their trade war which has roiled financial markets and acted as a drag on global growth. The U.S. dollar index edged down 0.11% to 97.77 by 02:23 AM ET (07:23 GMT), its lowest level since Nov. 7. Chinese state media Xinhua...

Oil prices inched down on Monday in Asia despite positive trade news. Chinese state media Xinhua reported that Chinese Vice Premier Liu He discussed a partial deal with U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer in a phone call on the weekend. The two sides had œconstructive discussions about œeach other's core concerns, the article said....

The pound strengthened against all its Group-of-10 peers after U.K. Prime Minister Boris Johnson said Conservative candidates pledged to vote for his Brexit deal if he wins the Dec. 12 election. GBP/USD climbed to a two-week high. Johnson will try to winbusiness leaders to his side Monday, offering them tax cuts as an olive branch for the disruption caused by...

Oil held gains near the highest close in eight weeks on signs of progress in the prolonged U.S.-China trade war, while Saudi Arabia set a valuation for Aramco's initial public offering. Futures were little changed in New York after rising 1.7% on Friday to close at the highest since Sept. 23. Trade negotiators held œconstructive discussions in a phone call Saturday to...

Gold was little changed after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in holdings in bullion-backed exchange-traded funds. U.S. and Chinese negotiators held œconstructive discussions in a call on Saturday to address each side's core concerns in phase one of a deal. That came after President Donald...

PRECIOUS METALS
Gold prices dip on optimism over US-China trade deal
Monday, 18 November 2019 18:48 WIB Gold prices edged down on Monday as optimism grew about U.S.-China trade ties following a report of œconstructive talks over the weekend, while...
ENERGY
Oil prices edge up on trade-talk optimism, OPEC meeting
Monday, 18 November 2019 18:39 WIB Oil prices inched higher on Monday, extending steady gains from the previous week, with investors awaiting fresh clues over prospects for a trade...
CURRENCIES
U.S. Dollar Falls as Trade Deal Uncertainty Spreads
Monday, 18 November 2019 23:27 WIB The U.S. dollar fell on Monday after CNBC reported that Chinese officials are pessimistic that a trade deal will be signed. The report, which cited...

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