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The leaders of the United States and China during their meeting at the G20 summit in Osaka managed to reach an agreement on an armistice in a trade war between these world's largest economies. Information about this, as well as the fact that bilateral negotiations on trade issues between the United States and the PRC will resume in the near future, led to a decrease in gold prices, last week they reached a maximum level since 2013 of 1,439 dollars 21 cents per troy ounce. In June, gold rose in price by 8%. On Monday, the price of gold dropped below $1,400 per ounce. During trading in London by 11:03 Moscow time, gold fell by 1.58% to 1 thousand 387 dollars 29 cents per ounce. Earlier on Monday, the quotes of this precious metal dropped to 1,384 dollars 8 cents per ounce.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
Oil prices fell on Monday as a surge in coronavirus cases and the escalating U.S.-China tensions prompted a safe-haven bid. Brent crude slid 0.2%, or 8 cents, at $43.26 per barrel. U.S. West Texas Intermediate crude fell 0.2%, or 7 cents, ...
The dollar was under pressure on Monday as the escalating U.S.-China tensions weighed on the market, while investors worried that the U.S. coronavirus resurgence could stall economic recovery. The dollar fell to a four-month low on the yen ...
KYC Policy