Gold prices on Thursday eased from the last session™s two-week high after a report that China has invited top U.S. negotiators for a new round of face-to-face talks, and is seeking to reach an initial trade agreement with the United States. Spot gold declined by 0.2% to $1,468.09 per ounce. Prices had notched a two-week high of $1,478.80 in the previous session, before turning negative, after the U.S. passed a bill supporting Hong Kong anti-government protesters. U.S. gold futures were flat at $1,473.70 per ounce. China will strive to reach an initial trade agreement with the United...

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The dollar was mostly flat in early trade in Europe on Friday amid a lull in news ahead of more U.S. economic data later in the day. The greenback is on course for a modest loss of around 0.2% this week, drifting as the world waits for China and the U.S. tie up an elusive trade truce. The threat of a Chinese crackdown on unrest in Hong Kong is also keeping markets on edge. President Xi Jinping...

Gold declined, trimming its fourth weekly gain in five, after White House economic adviser Larry Kudlow signaled progress on a trade deal with China. Spot gold as much as -0.3% to $1,466.90/oz and traded at $1,468.50 at 9:56am in Singapore; +0.6% this week. Bloomberg Dollar Spot Index -0.1%. Other precious metals: Spot silver -0.2% to $16.9965/oz. Palladium +0.1%...

Oil pared a weekly loss as investors weighed signs of progress in the U.S.-China trade war against swelling American crude inventories. Futures added 0.4% in New York after dropping 0.6% on Thursday. A phase one deal with China is close, White House Economic adviser Larry Kudlow told reporters. U.S. crude stockpiles expanded by 2.22 million barrels last week...

The dollar found broad support on Friday as fresh signs of a global economic slowdown and little visible progress toward a Sino-U.S. trade truce put investors in a risk-averse mood. The dollar clawed back some of the ground it gave to the safe-haven yen overnight, rising 0.1% to buy 108.55 yen, and kept hold of overnight gains against the Australian and New Zealand dollars. Against a basket of...

Oil prices fell on Thursday as U.S. crude futures were pressured by a build in domestic inventories and record production, while forecasts from the Organization of the Petroleum Exporting Countries for a lower-than-expected oil surplus supported Brent. Brent futures fell 7 cents to settle at $62.30 per barrel, while West Texas Intermediate crude futures fell 35 cents, or 0.6%, to settle at...

Gold futures settled higher on Thursday, building on gains from a day earlier as weakness in U.S. benchmark stock indexes and a drop in yields on government debt raised the precious metals investment appeal. Gold concluded Thursday "on a positive note amid market caution and general risk aversion," said Lukman Otunuga, senior research analyst at FXTM. œTensions in Hong Kong, fading...

The U.S. dollar was unmoved on Thursday as the number of Americans applying for unemployment benefits rose to an unexpected five-month high and there were no new comments on monetary policy from Federal Reserve Chair Jerome Powell. Initial claims for state unemployment benefits increased 14,000 to a seasonally adjusted 225,000 for the week ended Nov. 9, the highest reading since June 22, the...

Gold futures were modestly higher Thursday, finding support as yields on government debt continue to fall, lowering the opportunity cost of holding the metal. Gold for December delivery on Comex, rose $7.20, or 0.5%, to $1,470.50 an ounce, a day after snapping a four-day losing streak and rebounding from a more-than-two-month low. December silver rose 6.7 cents, or 0.4%, to $16.98 an...

PRECIOUS METALS
Gold Declines as China Invites US Officials For Talks, Lifts Market Sentiment
Thursday, 21 November 2019 19:59 WIB Gold prices on Thursday eased from the last session™s two-week high after a report that China has invited top U.S. negotiators for a new round of...
ENERGY
Oil drops as U.S.-China standoff extends beyond trade
Thursday, 21 November 2019 18:24 WIB Oil prices edged lower on Thursday as fresh tensions between the United States and China over protests in Hong Kong fueled concern that a deal to...
CURRENCIES
Japan's yen gains, yuan down on trade woes, Hong Kong strife
Thursday, 21 November 2019 16:34 WIB The Japanese yen firmed against the dollar on Thursday after sources close to the White House told Reuters that a U.S.-China trade deal is unlikely...

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