toptestmotor.com
toptestmotor.com Agosto 20, 2017


Gold Prices Go Up On Rising US-North Korea Tensions

12 Agosto 2017, 07:09 | Azura Castelo

US stocks end lower after comments from Trump

Gold Prices Go Up On Rising US-North Korea Tensions

Gold prices rose early Wednesday amid rising tensions between the United States and North Korea after the North responded to warnings from U.S. President Donald Trump with a threat to strike the U.S. territory of Guam.

Simmering tensions with North Korea were also weighing on the market in early trading Thursday. The Russell 2000 index gave up 24.40 points, or 1.7 percent, to 1,372.54. The Dow Jones industrial average slid 0.2 percent to 22,048.70. "So we're not going to get to a year-over-year number of 2-percent until some of these very low readings drop out of the statistics 6 to 10 months from now".

The headlines about North Korea served as a spark to jolt investors out of complacency on the heels of an extended period of calm in the market, said McClellan who shared the following chart in a report.

"The story today is North Korea and there was nothing in the earnings that was bullish enough to pull people away from focusing on North Korea", said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.

Charter Communications rose 2.9 percent on news Altice is exploring a bid for the cable giant. Biotech companies Celgene and Amgen lost 3.8 percent and 2.6 percent, respectively.

The markets may benefit from bargain hunting, as some traders look to pick up stocks at reduced levels following the pullback seen over the past few sessions.

The Dow is up 2,081.41 points, or 10.5 percent.

The common currency had lost about 0.4 percent overnight after news US job openings surged to a record in June reinforced Friday's robust payrolls data and supported the greenback. Macy's was down 8.9 percent after the company said its sales continued to decline in the second quarter.

To that end, gold prices shot up to near $1,300 an ounce - their highest level in several months.

The dollar index .DXY , which measures against a basket of currencies, fell 0.05 percent. It was last up 1.2 percent at 1.1305 per euro.

The euro dipped 0.1 per cent to $1.1733 but the single European currency has been slipping this week against the dollar, having hit a more than 2 1/2-year high of $1.1892 on August 2. Meanwhile, the dollar USDJPY, -0.31% fetched ¥109.69, compared with ¥110.31 late Tuesday.

Scout24 climbed 5.34 percent after the online classifieds company forecast stronger growth in revenues in the second half of 2017.

Benchmark U.S. crude added 39 cents to settle at $49.56 a barrel on the New York Mercantile Exchange.

The $1,279 area is a key technical level, representing a downtrend that has been in force since mid-2016 when gold surged to a two-year peak of $1,374.91. Stocks in Taiwan, Singapore and other Southeast Asian countries were also lower.

Oil prices gained 60 cents to $50.16 USA per barrel.

The euro bought $1.1739, compared with $1.1760 late Wednesday in NY.

Australian shares were down 1.3 percent, set for a weekly loss of 0.6 percent and Chinese and Hong Kong bluechips lost 1.6 percent and 1.9 per cent respectively.



Otras noticias

Tendencias Ahora

Stocks rally, but end a bit lower
Despite today's jump, gold still sits well below its 52-week high of over $1,350 per ounce, which it reached last summer. In currency markets, the Canadian dollar was trading at an average price of 78.71 cents USA , down 0.20 of a U.S. cent.

Shot Dead In Kenya Elections Protests
Mr Odinga labelled the preliminary results as fake but urged his supporters to remain calm. His deputy Kalonzo Musyoka said the opposition might call for unspecified "action" later.

PlayerWatch: New England Patriots
Full-time officials will be hired at each of the seven officiating positions and may serve on each of the 17 officiating crews. But the average cost of chartering an aircraft for an entire season can run a team around $4 million depending on the charter.

Even after successful debut, Deshaun Watson still has uphill battle to start
The team got off to a fast start with their first teams on the field, minus a few key starters like Cam Newton and Julius Peppers. Will Fuller and DeAndre Hopkins are the team's top receivers, while Lamar Miller will handle RB duties along with Alfred Blue .

Nemanja Matic: Chelsea might have given Man Utd 'last piece of jigsaw'
Carragher also touched upon the decision to sell Nemanja Matic as an example of the difference between Conte and the board. "The importance for me about this player, who is a really good player, a top player, very important for our team".

Adrian Peterson will not make New Orleans Saints debut Thursday
Kizer also completed a 52-yard pass to receiver Richard Mullaney that set up a touchdown earlier in the fourth quarter. First-round draft picks Marshon Lattimore and Ryan Ramczyk also were held out along with a handful of other players.

Conte: Matic a great loss to Chelsea
Players who try to deceive referees to win a penalty or get an opposing player sent off will now face two-match bans. It takes into account form, who your team still has left to play, and how well a team has done in previous seasons.

Tottenham Hotspur fans react on Twitter to Davinson Sanchez rumours
I can see this whole affair at Newcastle coming to an end soon if Rafa continues not to be backed in the transfer market. Striker Dwight Gayle's chances of playing hang in the balance with a hamstring issue also potentially keeping him out.

Chelsea will need 'stronger mentality' to win Prem again — Frank Lampard
They could have bought six or seven new players but everyone is upping their game, so I think it's a fair comment no matter what". The Clarets scored in all of their warm-up matches, although top scorer Andre Gray (4) has since joined Watford .

Chelsea vs Burnley TV channel, kick-off time, date and odds
The 23-year old will certainly relish a move to Chelsea - a club capable of harnessing his potential to the maximum. Chelsea legend Frank Lampard has described Nemanja Matic's £40million move to Manchester United as "strange".