Tuesday, 02 June 2020
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Tuesday, 2 June 2020 15:17 WIB

Sterling climbed above $1.25 to its highest in a month against the dollar on Tuesday, as signs Britain might be willing to compromise on sticking points in a fresh round of Brexit negotiations with the European Union provided support. Britain is expected to indicate flexibility over fisheries and trade rules if the European Union agrees to lessen its "maximalist" demands regarding regulatory alignment and fishing access, the Times newspaper reported on Tuesday, as a new round of talks kicks off. Britain has until July 1 to ask for an extension to the current transition period, which ends...

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PRECIOUS METALS
Gold Holds One-Week Peak as U.S.-China Tensions Keep Demand Afloat
Tuesday, 2 June 2020 13:08 WIB

Gold prices on Tuesday held on to last session™s more than one-week high on concerns around U.S.-China relations and as rising violent protests in the United States stoked fears of a resurgence in...

ENERGY
Oil Edges Higher With OPEC+ Decision on Output Cuts in Focus
Tuesday, 2 June 2020 12:50 WIB

Oil edged higher toward $36 a barrel as the market waited to see if OPEC and its allies will extend record production curbs. Futures in New York rose around 1% after closing little changed Monday....

CURRENCIES
Pound Climbs Above $1.25 to 1-Month High, Brexit Hopes Support
Tuesday, 2 June 2020 15:17 WIB

Sterling climbed above $1.25 to its highest in a month against the dollar on Tuesday, as signs Britain might be willing to compromise on sticking points in a fresh round of Brexit negotiations with...