GLOBAL AND DOMESTIC GOLD PRICE STAGNANT

Image
Indonesian- The world's gold prices opened unchanged in early trading this week after last weekend's trades held at the lowest level in four months amid a stronger US dollar. Quoted by Reuters on Monday, December 11, 2017, the price of gold in the international spot market stagnated at the level of US $ 1,247.8 per ounce. Meanwhile, US gold futures rose 0.1 percent to as low as US $ 1,250.1 per ounce. The immensity of gold prices this morning also fell supported by the stable trading of US dollars in Asia Monday morning. In addition, the expectation of US interest rate hikes this month is also higher. Domestic gold Domestically, the price of gold PT Aneka Tambang Tbk, on this day also recorded unnatural changes compared with last Saturday's trading weekend. Quoted from data of Business Unit Processing and Purification of Logam Mulia Antam, Monday, December 11, 2017, for purchases at the office Pulogadung, East Jakarta, gold dibanderol approximately Rp613 thou...

SINCE 1994-JAPAN'S ECONOMY IN LONGEST GROWTH STREAK

SINCE 1994-JAPAN'S ECONOMY IN LONGEST GROWTH STREAK
since 1994-Japan's economy in longest growth streak

Japan has sealed its longest stretch of economic growth in more than two decades, helped by a rise in business investment.

The economy expanded at an annual rate of 2.5% in the three months to September, revised data showed.
The growth rate was faster than expected, and higher than the initial estimate of 1.4%.

The solid growth figures come after more than four years of economic stimulus by Prime Minister Shinzo Abe.
Growth was driven by rising exports thanks to robust global demand, and also by increased spending by Japanese firms on equipment and facilities.
That helped to offset a drop in consumer spending at home.

The world's third-largest economy has now grown for seven straight quarters. Marcel Thieliant, senior Japan economist at Capital Economics, said this put Japan in its longest stretch of uninterrupted growth since at least 1994, when comparable data was made available.

Mr Abe's economic policies - dubbed "Abenomics" - have been partly credited for the expansion.
The programme, a mix of monetary easing, government spending and structural reforms, was designed to reignite the once-booming economy and lift consumer prices.
Japan has battled years of deflation, or falling prices, and slow growth following an equity and property market bubble in the early 1990s.

Comments

Popular posts from this blog

CLIMATE CHANGE IN NUVANUT

BUSINESS SWEETNESS PAPAYA CALIFORNIA,REACHES IDR200 MILLION

THE UK's BREXIT NEGOTIATOR DAVID DAVIS