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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Gold gains and Powell's comments are the focus of global markets today

    Rocky
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    • Post n°1

    Gold gains and Powell's comments are the focus of global markets today Empty Gold gains and Powell's comments are the focus of global markets today

    Post by Rocky Sat 25 Aug 2018, 2:44 am

    Gold gains and Powell's comments are the focus of global markets today
    Gold gains and Powell's comments are the focus of global markets today 640



     25 August 2018 12:02 ص

    From - Ahmed Shawki
    Mubasher : The Fed Chairman's remarks and gold gains were the top word in global markets by Friday.
    With the weakening of the US dollar and worries about the impact of US sanctions against Iran, oil prices rebounded and gained more than 2% in trading.
    Gold gains and statements by "Powell"
    Federal Reserve Chairman Jerome Powell predicted that the bank will continue to raise interest rates gradually as the US economy continues to perform strongly.
    He also expressed his concern about the acceleration of inflation in the United States, pointing out that he is approaching the Fed's goal.
    It saw the price of gold increased significantly at the settlement where the yellow metal won more than $ 19 to end a series of weekly losses since early July, after the remarks , "Powell."
    With the weakness of the US dollar, the metal gained around $ 21 during trading, finally gaining 2.5% this week.
    While oil prices rose at the end of trading today with the weakening of the dollar and concerns of supply shortages to record "Nymex" strong weekly gains by more than 5%.
    The number of oil drilling platforms in the United States fell during the past week, by 9 platforms to 860 platforms, and landed natural gas platforms.
    Stock Indices
    With today's close, both Standard & Poor's and Nasdaq were the highest levels ever, with Netflix rising 5.8% and Powell's comments recording Wall Street gains weekly.
    In economic data, Germany's economic growth accelerated in the second quarter on a year-on-year basis.
    While the Nikkei rose to a two-week high at the end of the day, to record weekly gains.
    Economic data in Japan showed a stable rate of inflation during the past month, contrary to expectations of rising.
    Political and economic events
    US President Donald Trump announced the cancellation of Foreign Minister Mike Pompeo's visit to North Korea scheduled for next week, saying there was no progress in negotiations on nuclear disarmament on the Korean Peninsula.
    The United States and China also announced the end of a two-day round of trade talks without any progress, but indicated continued contact through other steps
    While the United States plans to start implementing sanctions against Russia for its involvement in poisoning a client in Britain on Monday.


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