GOLD: Took profits at first target at 1270. Will consider re-selling on Friday’s close. Chart/Levels from Analyst, Nicole Elliott – Investors Chronicle

 

Tehran-Washington rhetoric up another notch President Rouhani wants more power

Reuters reports that yesterday Iran’s President Hassan Rouhani rejected President Trump’s call for talks saying, ‘’today’s situation is not suitable for talks and our choice is resistance only. Iranians will never bow to a bully’’. Because the country was facing an ‘economic war’ he said his government needed more powers to control the economy.

The Financial Times reports that following Indonesia’s presidential elections, where on Tuesday incumbent Joko Widodo won a second term, protests have broken out overnight with 6 dead and 200 injured, Jakarta city governor confirmed.

Financial Markets and Political Commentary
 

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