Dollar hits three-week high, gold sinks to year low
22 Julio, 2018, 04:30 | Author: Arnold Perez
Higher interest rates tend to boost the dollar and push up bond yields, making greenback-denominated gold more expensive for holders of other currencies and denting its appeal.
MSCI's gauge of stocks across the globe .MIWD00000PUS gained 0.17 percent and touched its highest point in a month.
MSCI's broadest index of Asia-Pacific shares outside Japan was 0.3 percent lower following two sessions of gains.
Powell and other Fed officials have in recent remarks pointedly declined to declare "victory" in their effort to hit the 2 percent inflation target, though most have acknowledged that, with joblessness at 4 percent, their employment goal has been reached.
The index shed 0.25 percent on Monday, nudging away from a two-week high of 95.241 scaled on Friday ahead of Fed Chairman Powell's testimony.
Spreadbetters expected European stocks to open slightly higher, with Britain's FTSE, Germany's DAX and France's CAC each gaining about 0.1 percent. Australia's S&P/ASX 200 climbed 0.7 percent to 6,245.10. Shares of the banking giant rose more than 2.5% in the pre-market.
LONDON, July 18 (Reuters) - The euro fell and the yen slid to a six-month low on Wednesday as the dollar extended its rally following bullish comments from U.S. Federal Reserve Chairman Jerome Powell about the strength of the U.S. economy. Stocks have fallen after Powell's previous major addresses, but not on Tuesday.
The White House struggled on Wednesday to contain a political outcry and confusion over Trump's summit with Russian President Vladimir Putin, denying Trump ever meant to say that Moscow was no longer targeting the United States.
U.S. Bancorp also posted a stronger-than-forecast profit, sending its stock up by 0.4%. It fell 0.5 percent in May after a fire disrupted production of Ford Motor's F-series pickup trucks, America's bestselling vehicle.
US stocks rose as earnings season rolled on stateside.
ANALYST VIEWPOINT: "Buoyancy in the European session merely carries forward the theme handed down from USA overnight and perpetuated in most of Asia today".
"If China is slowing down, there will be consequences to global commodity consumption and that's going to drag gold down as well", said Richard Xu, a fund manager at China's biggest gold exchange-traded fund, HuaAn Gold.
Japanese exporters advanced in early trading Wednesday with Toyota rising 1.55 per cent to 7,489 yen, Honda climbing 0.96 per cent to 3,355 yen and Panasonic up 1.10 per cent at 1,459 yen. The contract was relatively unchanged at $68.08 in NY on Tuesday.
At 5 p.m., the dollar stood at ¥113.05-06, up from ¥112.34 at the same time Tuesday.
Es el Beluga XL , también conocido como " Ballena blanca " por su similitud en apariencia a este mamífero marino . El Beluga XL mide 19 metros y es tan alto como un edificio de tres pisos , dice Airbus .
Ireland, who beat England in the first round, beat Russian Federation 20-15 and will contest fifth place with Spain. Australia's Emma Tonegato is tackled by France's Marjorie Mayans and the captain, Fanny Horta.
This being 2018, the balloons exclusively offer 4G LTE access, although Loon is looking at adding 5G support in the future. The announcement comes just a week after Loon graduated from Alphabet's secretive "moonshot factory" known as X.
The UK government has blamed Russian Federation for the incident, but the country's authorities deny any involvement. Sturgess initially collapsed at an address in Amesbury on June 30 and was taken to the hospital, police said.
Jorginho played under Maurizio Sarri at Napoli and Chelsea's new head coach was keen to be reunited with him at Stamford Bridge. Pep Guardiola says Manchester City will go "back to basics" to try and repeat their 2017/18 Premier League title success.
During a panel at San Diego Comic-Con, the annual culture convention, Shyamalan showed the official trailer for the first time. Jackson , Sarah Paulson , and Bruce Willis is set in a world first created by the director in the 2000 film Unbreakable .
One witness has written on social media that he got out of safely and was with employees behind a police barricade. Other views from TV helicopters showed people leaving through the front door with their hands up.
Prime Day was celebrated in 17 countries, and the top-selling items in different countries were just as varied as here in the U.S. You can also track the estimated delivery time so that way you'll know to be home, the next time the doorbell rings.
Trump escalates his war with the Fed
Riley FBR Inc. "If we see a consistent drumbeat on this from the president, it probably is going to weigh on the dollar". A loss of confidence from investors could lead to concerns of runaway inflation.
Ezra Miller rocks Toadette Costume at Grindelwald Panel
It's a big day for Harry Potter fans! Much of the trailer sets up Grindelwald 's war with the war with the wizarding world. Yes, we've seen Dumbledore before, portrayed by two different actors, but Law was able to make this iteration his own.
Aquaman: Warner Bros revela póster con Jason Momoa
También se esperan novedades sobre Wonder Woman 1984 , y la película Shazam! , que se estrenará en abril del año que viene. Wan publicó una imagen en Instagram la cual muestra al cineasta poniendo los toques finales en el trailer .