Dollar Under Preassure in Asia After Mixed Data

The dollar slipped in Asia Monday following mixed US data and simmering geopolitical concerns, while the Indian rupee sat close to one-year highs after the pro-business opposition won the country's general election.In afternoon Tokyo trading, the greenback fetched 101.43 yen, against 101.54 yen in New York Friday afternoon.The euro rose to $1.3700 from $1.3695 while changing hands at 138.98 yen against 139.08 yen.On Friday, data showed...

Gold Climbs First Time in Three Days on India Demand Speculation

Gold futures climbed for the first time in three sessions on speculation that the newly elected Indian government will relax import restrictions, increasing demand for the precious metal. India, the world��s biggest bullion consumer after China, will probably cut the 10 percent tax on shipments in July and relax rules on importers, Bachhraj Bamalwa, a director with the All India Gems & Jewellery Trade Federation, said today. The new...

Gold Rise on Speculation of India Relaxing Import Restrictions

Gold climbed for the first time in three days in New York on speculation the new Indian government will relax import restrictions on the metal. Incoming Indian leader Narendra Modi told thousands of supporters over the weekend that he represented a break from past governments after winning the nation��s biggest electoral mandate in 30 years. The new India finance minister will decide on easing gold import curbs, Reserve Bank of India...

Gold Climbs on Speculation of India Relaxing Import Restrictions

Gold climbed for the first time in three days in London on speculation the new Indian government will relax import restrictions on the metal. Incoming Indian leader Narendra Modi told thousands of supporters over the weekend that he represented a break from past governments after winning the nation��s biggest electoral mandate in 30 years. The new India finance minister will decide on easing gold import curbs, Reserve Bank of India...

Gold Holds Below $1,300 as U.S. Economy Weighed Against Ukraine

Gold held below $1,300 an ounce as investors assessed the health of the U.S. economy and the impact on monetary stimulus against tension in Ukraine. Bullion for immediate delivery rose and fell at least 0.3 percent before trading at $1,295.99 an ounce at 2:43 p.m. in Singapore from $1,293.52 on May 16, according to Bloomberg generic pricing. Last week, the metal completed the first weekly gain in three as rebels fought government forces...

Europe Stock-Index Futures Are Little Changed; Ryanair May Move

European stock-index futures were little changed after the region’s equities climbed for a fifth week. U.S. stock-index futures were also little changed, while Asian shares fell. Deutsche Bank AG may move after Germany’s biggest bank sold about 60 million shares to the Qatari royal family as it announced plans to raise 8 billion euros ($11 billion) in its second-biggest capital increase. AstraZeneca Plc may be active after Pfizer Inc....

Emas Bertahan di Bawah US$ 1300 di Asia

Emas bertahan di bawah US$ 1.300 per ons karena investor menilai kesehatan perekonomian AS dan dampak dari stimulus moneter terhadap ketegangan di Ukraina. Bullion untuk pengiriman segera diperdagangkan pada US$ 1,294.06 per ons pada 9:42 di Singapura dari US$ 1,293.52 pada tanggal 16 Mei yang lalu, menurut Bloomberg generic pricing. Pada pekan lalu, logam menyelesaikan kenaikan mingguan pertamanya dalam tiga setelah separatis berjuang...