Bullion gains as more investors turn to safe-haven assets

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Source: CNBC
Gold prices rose on Monday as the recent devaluation of the Yuan in China reinforced the risk-off sentiment on the market, with the yellow metal reaffirming its position as a safe-haven asset. Gold advanced 0.33% at $1,116.30, up from its Friday close at $1,115.30. Meanwhile, analysts say that gold could extend its gains if the Federal Reserve does not hike rates at the next meeting in September. 
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Mon, 17 Aug 2015 09:13:04 GMT

Mixed results in Asian stocks on steady Yuan

Equity markets in Asia showed mixed results on Monday as relative stability in the Yuan decreased concerns over further China's currency devaluation. The Shanghai Composite Index was up 0.73%, while the smaller Shenzhen Composite rose 0.6%. Elsewhere, the Hang Seng Index declined 0.74%, while South Korea's Kospi dipped 0.75%. In Japan, the Nikkei rose 0.49% as disappointing growth boosted hopes

Mon, 17 Aug 2015 08:28:06 GMT

Oil prices decline amid strong Dollar and supply glut

Crude futures dropped on Monday as a firmer US Dollar and ongoing global oversupply hamper appetite for crude. WTI futures lost 1.39% to $41.91, while Brent futures dipped 1.18% to $48.61 by 07:13 AM GMT. Meanwhile, concerns on oil global supply glut remain, as the OPEC is likely to boost production to 33 million barrels a day and the US

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