Says carlos ghosn left the country by illegal means. Theformal nice former nissan boss is expected to give a press conference this wednesday. Yousef it is 8 00 a. M. Across the emirates. This is Bloomberg Markets middle east. Are talking about those geopolitical jitters currently running through markets, so lets take a look at where gold is trading this morning. Gold trading at the highest level in about six years, with Goldman Sachs suggesting that shiny metal will be a better hedge against geopolitical risk than crude oil. Goldman sticking to its forecast for 1600 announced, but with risk for prices to the upside. Gold building off of what was a stellar year, up Something Like 18 in 2019. That is the biggest annual jump in over a decade. Changes the dollar, the dollar also strengthening off the back of that safe haven appetite. Yousef crude oil is extending its surge from friday. We are at threemonth month highs for wti and brent. You have the fallout between the u. S. And iran escal
Crude Oil Last Week which hit the highest interday wti up to 63. 72 an barrel ice brent crude is up to 69. 49. Gold hit a nearly fourmonth high last week posting its eighth straight positive session on friday. Longest daily winning streak since june of 2019 right now gold price is up another 1. 75 to 1,579. 60 an ounce. Our top story, tensions with iran escalating over the weekend. Eamon javers has the latest from washington good morning. Good morning, joe the iranians were vowing revenge over the weekend the administration took to television to explain its decision to kill that iranian general who was in iraq last week and to offer an explanation for what its plan is Going Forward. Mike pompeo said the administration is prepared and ready to handle anything that the iranians respond with. Heres what he said. If the American People should know that we have prepared for this, that we are ready well talk cultural that our responses are lawful and the president will take every action nece
Hong Kong has accelerated efforts to shake off influences from the colonial era as the city's legislature on Wednesday began deliberating a bill aimed at altering obsolete legal wordings like "crown" or "governor".
Veteran China watchers also say former diplomat’s move to Hong Kong and Macau Affairs Office may be used to cultivate ties with Middle East, Central Asian countries.