U.K. Cabinet minister Andrea Leadsom rejected the European Union’s latest plan to break the Brexit deadlock, but said Parliament will be given more chances to vote on the deal if the bloc improves its “disappointing” offer before it’s too late.
financial markets
Financial-Markets, Monetary-Policies, Dollar Levels to Decide Gold Demand: WGC
Since gold is considered a safe haven, during choppy markets, the demand for gold improves, normally. Emerging markets, led by India and China–the biggest consuming markets–make up 70% of consumer demand for the metal.
Unconventional monetary policies in the euro area, Japan, and the United Kingdom
In response to the global financial crisis of 2008, the central banks of the euro area, Japan, and the United Kingdom deployed a variety of unconventional monetary policies in an effort to support distressed financial markets and slowing economies.
U.S.-China Tensions Simmer While Both Say There’s No Trade War
Gold Silver Reports (GSR) – U.S.-China Tensions Simmer While Both Say There’s No Trade War — Serious talks “have not really begun yet,” Larry Kudlow, head of the White House National Economic Council. “We haven’t yet given China a list of demands on what we want,” Kudlow told reporters later on Friday at the White House. “We haven’t done that but such a list is under discussion.”
Financial Markets Awaited U.S. President Donald Trump Speech
Gold Silver Reports — The price of gold turned downward on Tuesday as the dollar came off its lows and financial markets awaited U.S. President Donald Trump’s speech to Congress later this evening regarding his policies on tax reforms and government spending.