Wednesday, 27 May 2020
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Wednesday, 27 May 2020 09:45 WIB

Gold traded flat on Wednesday as concerns about the U.S. response to China™s proposed security law for Hong Kong countered optimism about a re-opening of the global economy. Spot gold was unchanged at $1,711.93 per ounce by 1243 GMT after a 1% drop on Tuesday. U.S. gold futures were also flat, at $1,705. U.S. President Donald Trump said on Tuesday the United States was working on a strong response to China™s planned national security legislation for Hong Kong and it would be announced before the end of the week. Hong Kong™s legislature was surrounded by riot police, as protests were...

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PRECIOUS METALS
Gold Flat As Hong Kong Concerns Offset Reopening Optimism
Wednesday, 27 May 2020 09:45 WIB

Gold traded flat on Wednesday as concerns about the U.S. response to China™s proposed security law for Hong Kong countered optimism about a re-opening of the global economy. Spot gold was...

ENERGY
Oil jumps more than 3% as faith in supply cuts grows
Wednesday, 27 May 2020 01:49 WIB

Oil prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut supplies and as fuel demand picks up with coronavirus restrictions...

CURRENCIES
Dollar Edges Higher As U.S.-China Worries Resurface
Wednesday, 27 May 2020 08:27 WIB

The dollar edged higher on Wednesday as worries about the U.S. response to China™s proposed security law for Hong Kong supported safe-haven demand for the greenback. The euro held gains against...