LONDON, 6 June 2017 - Global news and data providers Bloomberg today name BullionVault as "the largest online platform for trading physical gold."The news-wire reports on growing demand for secure storage of precious metals. It shows BullionVault as the lowest-cost choice.A "pick-up in inflation across Europe" has increased demand for gold and silver storage, says Bloomberg, adding that "turbulent...Read More
* Dollar/yen slips below 110.00 to 6-week low* Caution begins to mount ahead of UK elections, Comey testimony* Aussie slips after current account data disappoints, awaits RBA* RBA widely expected to stand pat, focus on its economic view (Updates throughout)By Shinichi SaoshiroTOKYO, June 6 (Reuters) - The dollar hit a six-week low against the safe-haven yen on Tuesday as caution mounted ahead of B...Read More
By Cecile LefortSYDNEY, June 6 (Reuters) - The Australian dollar slipped on Tuesday after bulls were wrong-footed by a larger-than-expected current account deficit, while the New Zealand dollar scaled a three-month peak.The Australian dollar was down around 20 ticks at $0.7467 and away from Monday's high of 75 cents. Support was found around $0.7445.It dropped a third of a U.S. cent to $0.7458 aft...Read More
June 6 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0205 GMT.CURRENCIES VS U.S. DOLLARChange on the day at 0205 GMTCurrency Latest bid Previous dayPct Move Japan yen109.840110.45+0.56 Sing dlr 1.3801.3814+0.10 Taiwan dlr 30.076 30.090+0.05 Korean won*1118.300 1121.8+0.31 Baht 33.985 34+0.04 Peso 49.410 49.4-0.02 Rupiah 13285.000 13285+0.00 Rupee64.35564.36...Read More
By Nichola Saminather | SINGAPOREAsian stocks retreated on Tuesday after Wall Street's stumble overnight, while oil inched up from the previous day losses as lower Libyan oil production assuaged concerns that the severing of ties with Qatar by other Arab states could impede a deal to cut crude output.MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.2 percent in early...Read More
June 6 - Gold held steady early Tuesday, hovering close to a more than six-week high hit in the previous session, on weaker Asian stocks and amid tapered expectations for aggressive U.S. rate hikes this year.FUNDAMENTALS* Spot gold rose 0.1 percent to $1,280.60 per ounce at 0105 GMT. On Monday, it hit a peak of $1,283.27 an ounce, its highest level since April 21.* U.S. gold futures for August del...Read More
By Elias Biryabarema | KAMPALA, JUNE 5Widespread corruption at the Ugandan government's mines department, including using bribes to secure licences, is stifling investment in the sector and eroding benefits for Ugandans, a human rights group said on Monday.London-based Global Witness said it had conducted an 18-month investigation that uncovered evidence of bribery at the Directorate of Geological...Read More
By Tom Westbrook | SYDNEYAustralian Prime Minister Malcolm Turnbull said on Tuesday police were treating a deadly siege in the southern city of Melbourne as an "act of terrorism" after a claim by the Islamic State group that one of its fighters was the gunman responsible.Police shot dead gunman Yacqub Khayre on Monday after he held a woman hostage inside an apartment building in Melbourne, Austral...Read More
Gold will test the next key level of $1,300 if the Federal Reserve "remains cautious" at its upcoming June meeting, TD Securities said in a report."If the Fed maintains their stance that another hike is still in the cards then gold could run out of steam, but should they remain cautious, as we believe they will, gold could move higher and test the $1,300 level once again," TD Securities' global he...Read More
SHANGHAI, June 6 (Reuters) - China's central bank has not conducted open market operations so far on Tuesday morning, traders said.A total of 60 billion yuan ($8.82 billion) in reverse repos is due to mature on Tuesday.The People's Bank of China injected a net 30 billion yuan into the money market last week. ($1 = 6.8030 Chinese yuan) (Reporting by the Shanghai Newsroom) Disclaimer: The views exp...Read More
By Arshad Mohammed and Steve Holland | WASHINGTONThe United States will quietly try to calm the waters between Saudi Arabia and Qatar, current and former U.S. officials said on Monday, arguing that the small Gulf state was too important to U.S. military and diplomatic interests to be isolated.U.S. officials were blindsided by Saudi Arabia's decision to sever diplomatic ties with Qatar in a coordin...Read More
MANILA, June 6 (Reuters) - Philippines' annual inflation eased to its slowest pace in four months in May, reflecting slower price increases for eight commodity groups including food and non-alcoholic beverages, official date from the statistics agency showed on Tuesday.The annual rate of consumer price inflation was 3.1 percent in May, below economists' forecast for an increase to 3.3 percent, sup...Read More
SYDNEY, June 6 (Reuters) - Prices for New Zealand's main commodities rose in May, lifted by a surge in apple and kiwifruit prices, ANZ Bank's commodity price index showed on Tuesday.The index gained 3.2 percent for the month from April, compared with a 0.2 percent fall in the previous month. On an annual basis the index was 26.3 percent higher, ahead of a 23.7 percent rise the month before.The big...Read More
* Dollar/yen steady after moving off low thanks to US yield bounce* Aussie looks to RBA for cues after 2 days of solid gains* RBA widely expected to stand pat, focus on its economic view By Shinichi SaoshiroTOKYO, June 6 (Reuters) - The dollar held firm early on Tuesday after crawling away from an 18-day low against the yen thanks to a bounce in U.S. yields, while the Australian dollar was steady...Read More
TAIPEI, June 6 (Reuters) - Taiwan's consumer price index for May was released by the Directorate General of Budget, Accounting and Statistics on Tuesday. The CPI rose 0.59 percent year on year, its fastest expansion since January, the directorate said in a statement. The indicator was in line with anayst forecasts.MAYAPRIL CPI (y/y pct chg) +0.59+0.10* Reuters poll+0.6 WPI (y/y pct chg) -1.12+1.0...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC -0.5 pct, CSI300 -0.5 pct, HSI -0.2 pct* HK->Shanghai Connect daily quota used 6.7 pct* HK->Shenzhen Connect daily quota used 7.8 pct, Shenzhen->HK daily quota used 4.6 pct* CNY official close 6.8046 per dollar* FTSE China A50 -1.1 pct, BNY Mellon ADR China Select Index -0.3 pct SHANGHAI, June 6 (Reuters) - Following is a list of recent corporate and policy...Read More
By Dustin Volz and Mark Hosenball | WASHINGTONThe U.S. Department of Justice on Monday charged a federal contractor with sending classified material to a news organization that sources identified to Reuters as The Intercept, marking one of the first concrete efforts by the Trump administration to crack down on leaks to the media.Reality Leigh Winner, 25, was charged with removing classified materi...Read More
CloseGain/LossGold $1279.60+$1.40Silver$17.57+$0.05XAU83.12-0.12%HUI192.84+0.70%GDM632.61+0.20%JSE Gold1319.37+13.02USD96.81+0.13Euro112.58-0.27Yen90.50-0.08Oil$47.40-$0.2610-Year2.180%+0.030T-Bond155.6875-0.46875Dow21184.04-0.10%Nasdaq6295.68-0.16%S&P2436.10-0.12% The Metals: Gold gained $4.80 to $1283.00 by a little after 8AM EST before it dropped back to $1277.90 in the next four hours...Read More
Gold Today -New York closed at $1,278.20 Friday after closing at $1,270.10 Thursday. London opened at $1,281.00 today. Overall the dollar was weaker against global currencies, early today. Before London's opening: - The $: EUR was weaker at $1.1264 after Friday's $1.1222: EUR1.- The Dollar index was weaker at 96.77 after yesterday's 97.20. -...Read More
A summer evening on London Bridge and in Borough Market ended in terror on Saturday as attackers killed seven people and injured 48.This is the second terrorist attack on British soil in less than two weeks and the the third this year. The attack was immediately labelled as a terrorist attack. In the hours that followed police arrested a further 12 people who were suspected of having links to th...Read More