Saturday, June 29, 2019
Europe
Spot Gold Blast – Gold Near 3 Week High – Happy Holi – Bura Na Mano Holi Hai.
Spot gold gained 0.3 percent at $1,316 per ounce as of 0114 GMT, after touching its highest since Feb. 28 at $1,319 in the previous session.
Oil Hits 2019 High as OPEC+ Re-Commits to Cuts in the Near Term
Crude Oil closed at its highest yet this year as OPEC and its partners committed to continuing production cuts until at least June, when they will meet to discuss an extension.
‘No-deal’ Would Prevail if UK’s Brexit plan Unclear by Next Week: France
Gold Silver Reports (GSR) – Britain would only be granted an extension to the Article 50 Brexit negotiation period if its parliament passed the deal on the table or if a clear alternative plan emerged by next week’s EU summit, a French official said on Friday.
Brexit Deal – With Five Hours to go, things are not looking Great
Brexit Deal – Who’d be the Prime Minister right now? Less that 24 hours after boldly claiming she had secured legally-binding reassurances on the Brexit deal she’d struck with the EU, Theresa May’s own Attorney General told lawmakers the changes were less law law, more jaw jaw, to paraphrase another British PM beyond recognition.
May Strikes New Brexit Deal With the EU, Asks Parliament to Back It
Theresa May struck a deal to revise the terms of the U.K.’s divorce from the European Union but it’s unclear whether she’s done enough to win Parliament’s support.
Gold Steady as Sino-U.S. Trade Hopes Drag Dollar
U.S. and Chinese officials expressed hopes that a new round of trade talks, which began in Beijing on Monday, would bring them closer to easing their nearly year-long trade war.