Gold Silver Reports (GSR) – Equities in Japan, South Korea and Australia rose after the S&P 500 Index climbed for a third day toward the upper end of its trading range.
Stocks in Asia extended recent gains from a nine-month low, and followed U.S. shares higher, amid optimism the upcoming earnings season will be sufficiently robust to overshadow a rise in trade tensions.
Gold Silver Reports (GSR) – Stocks Market Watch – PNB, Tata Steel, Goa Carbon, Sterlite Tech – Asian stocks gained, building on a positive Friday session for global equities, as investors watched for developments in trade tensions between China and the U.S. before earnings season gets underway later this week.
Gold Silver Reports (GSR) – Futures signaled losses for stock indexes in Japan, Hong Kong and South Korea after the S&P 500 Index followed European bourses lower. Reports that the U.S. Treasury will propose limits on Chinese technology investment damped sentiment, though stocks did recoup some losses as National Trade Council Director Peter Navarro said there were no plans to impose restrictions. The dollar weakened and 10-year Treasury yields fell to the lowest in more than three weeks.
Gold Silver Reports (GSR) – Trump Says Kim Jong Un Summit Location Narrowed to Two or Three Possibilities — “I don’t think he’s playing,” Trump said Friday of Kim. The North Korean leader earlier Friday held a historic meeting with South Korean President Moon Jae-in, where the two agreed to work toward formally ending their war and pursue the “complete denuclearization” of the Korean Peninsula.
Gold Silver Reports (GSR) – Trump Says He May Delay South Korea Trade Deal Until North Korea Is Resolved — “I may hold it up until after a deal is made with North Korea,” Trump said Thursday during a speech in Richfield, Ohio. “You know why? Because it’s a very strong card and I want to make sure everyone is treated fairly and we’re moving along very nicely with North Korea.”
Gold Silver Reports — After a surge in import of gold from South Korea, the Directorate General of Foreign Trade (DGFT) in the commerce ministry on Friday banned duty free imports of the yellow metal from the country.