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 U.S. dollar was unmoved on Wednesday after prepared remarks from Federal Reserve Chairman Jerome Powell. Powell, who is testifying in front of Congress, said that while the economy is on track right now, there are risks to the current economic expansion. œWe see the current stance of monetary policy as likely to remain appropriate as long as incoming information about the economy remains...

Gold prices gained on Wednesday on lack of clarity on the U.S.-China trade negotiations, keeping markets wary about the tariff wars toll on the health of the global economy. Spot gold rose 0.5% to $1,464.80 per ounce. U.S. gold futures inched 0.8% higher to $1,465.60. U.S. President Donald Trump said a trade deal was œclose but gave no new details on when or where an agreement would be...

Oil prices fell on Wednesday as prospects for a trade deal between the United States and China faded, weighing on the outlook for the global economy and energy demand. U.S. President Donald Trump said on Tuesday the two countries were close to finalising a trade deal, but he fell short of providing a date or venue for the signing ceremony, disappointing investors. Brent crude futures fell 75...

Gold rebounded from near a three-month low as optimism over a trade deal ebbed and traders looked for signs of a reversal in the recent downtrend in precious metals. Spot gold climbed 0.6% to $1,464.27/oz by 10:48am in London. Prices fell to $1,445.70/oz on Tuesday, the lowest intraday level since Aug. 5. Spot silver advanced 1% to $16.9352/oz, most since Oct. 31. President...

The pound was slightly weaker against the U.S. dollar on Wednesday and stable against the euro, as weak economic data, which should hurt sterling, is more than offset by supportive political developments in Britain. Average weekly earnings rose at a weaker pace in the three months to September in the UK, but the pound continues to derive support from Mondays news that the Brexit Party will...

EUR/USD trades better bid above the 1.10 handle ahead of the European open, having defended the last on several occasions in the overnight trades, Bears now await the key US inflation report and Federal Reserve (Fed) Chair Powells testimony for the next push lower.  EUR/USD: 5-DMA at 1.1025 to limit the recovery gains? The spot is seen somewhat benefitting from a pause in the...

Gold advanced from a three-month low as investors weighed President Donald Trumps latest comments on a U.S.-China trade deal with the general improvement in risk appetite. Spot gold +0.2% to $1,458.50/oz at 9:38am in Singapore. Price fell to $1,445.70/oz on Tuesday, the lowest intraday level since Aug. 5 Bloomberg Dollar Spot Index steady after +0.2% Tuesday. Other precious...

Oil fell for a third day as President Donald Trump failed to provide any fresh details on progress toward a limited U.S.-China trade deal. Futures dropped as much as 0.4% in New York after losing 0.8% over the previous two sessions. Phase one of a trade agreement could happen soon, but the U.S. would substantially raise tariffs if a deal cant be reached, Trump said in a speech to...

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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