Day: January 11, 2019

Jan 11

Asia stocks reach five-week high. Big gains for yuan

Asian stocks reach up to five-week highs on Friday, after Chairman Jerome Powell reiterated the Federal Reserve will be patient about raising interest rates and news that trade talks between Sino and US are moving to higher levels. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.2 percent to the highest levels since […]

Jan 11

Gold Prices rose dollar softens on Fed Rate Outlook

Gold prices rose on Friday as the dollar retread on expectations that the Federal Reserve may pause interest rate hikes if the US economy slow this year while investors awaited news on progress in the US-China trade talks. Spot gold rose 0.6 per cent to $1,293.55 per ounce as at 0604 GMT, heading for a […]

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