The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Megvii is known for its facial recognition technology and while revenue grew over 350% in 2018, its losses have widened.Technologyread more
Stocks in Asia fell Monday afternoon following an escalation in the U.S.-China trade war late last week.Asia Marketsread more
* SPDR Gold holdings jumped 0.8% on Monday
* Spot gold remains neutral in $1,412-$1,427/oz range- techs
* Investors keep an eye on guidance for future Fed cuts (Updates prices)
July 30 (Reuters) - Gold prices ticked down on Tuesday as the dollar rose to a two-month high, while investors awaited the outcome of a two-day U.S. Federal Reserve policy meeting expected to result in a cut in interest rates.
Spot gold was down 0.1% at $1,425 per ounce as of 0743 GMT.
U.S. gold futures rose 0.3% to $1,425.10 an ounce.
"Liquidity is still thin as traders seem to be holding back before the Fed gives its views on monetary policy," said Benjamin Lu, an analyst at Phillip Futures, adding that a firm dollar was putting pressure on gold prices.
"We are also looking at the tone of the Fed speech and how many more cuts are expected. Financial markets are expecting two more cuts in the second half ... Overall, we are quite bullish on gold," Lu added.
The U.S. Fed begins its policy meeting on Tuesday, at which it is widely expected to lower interest rates by 25 basis points (bps). If implemented, it would be the central bank's first rate cut in a decade.
Meanwhile, the dollar hit a two-month high on Tuesday, as expectations of aggressive Fed rate cuts waned. A stronger dollar makes gold costlier for holders of other currencies.
"No one doubts that a (Fed) rate cut will be in store for us this time around," INTL FCStone analyst Edward Meir said in a note.
However, "the giddy expectation prevalent at the beginning of the month calling for a series of cuts that could follow this one move, could be something that we think will be walked back slightly."
The Bank of Japan kept its monetary settings steady on Tuesday but said it would ease "without hesitation" if the economy loses momentum for achieving the central bank's 2% inflation target.
Also on investors' radar was the U.S. and China trade negotiations due to begin in Shanghai on Tuesday, although expectations for progress during the two-day meeting are low.
On the technical side, spot gold remains neutral in a range of $1,412-$1,427 per ounce, and an escape could suggest a direction, according to Reuters technical analyst Wang Tao. Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, rose 0.83% to 824.89 tonnes on Monday from Friday.
Among other precious metals, silver was steady at $16.45 per ounce, while platinum edged 0.1% higher, to $879.55.
Palladium eased 0.1% to $1,552.58 per ounce, after touching a near two-week high in the previous session.
(Reporting by Harshith Aranya and Brijesh Patel in Bengaluru; Editing by Rashmi Aich, Richard Pullin & Uttaresh.V)