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(单词翻译:双击或拖选)
The price of gold has hit a new high after going to 1,300 dollars an ounce. The move was the results of concern over the global economic outlook as gold is seen by investors1 as a safe refuge. There’s particular uncertainty(口误) in developed economies about the prospects2 for inflation.
A United States congressional panel has turned up the pressure on China over the yuan, approving a bill that would let the US slap duties on goods from countries with undervalued currencies. It's a move likely to increase trade tensions with China. The House of Representatives Ways and Means Committee backed the legislation on a voice later today and cleared the way for the full House to take it up next week.
And to the market numbers now, gold is slightly lower than its overnight record high of 1,300 dollars an ounce. Oil is trading higher. In the US, the Dow Jones and the S&P 500 have both closed higher.
Back home now, and the Australian shares ended the week in the red. The All Ords was down 28 points. The ASX 200 was 32 points off. And checking currencies, the Australian dollar is buying about 96 US cents and 60 pence.
1 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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2 prospects | |
n.希望,前途(恒为复数) | |
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