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Hong Kong stocks resume gains at open
Friday, 24 November 2017 09:23 WIB

Hong Kong stocks resumed their upward trajectory on Friday following a one percent drop, but Shanghai extended losses after the previous day's sudden sell-off. The Hang Seng Index rose 0.50 percent, or 148.94 points, to 29,856.88. The benchmark Shanghai Composite Index lost 0.34 percent, or...

U.K. Consumers Drive Economic Growth as Business Spending Slows
Thursday, 23 November 2017 16:51 WIB

Consumers drove the British economy in the third quarter as spending on cars rebounded. Household spending rose 0.6 percent, the fastest pace in a year, the Office for National Statistics said on Thursday. Business investment slowed and net trade acted as a drag on growth. Overall GDP rose an...

EUR/JPY - 132.00 remains elusive, yield spread narrows
Friday, 24 November 2017 10:00 WIB

EUR/JPY defended the 100-day MA support yesterday for the second time this week, but the bullish move appears to have weakened near 132.00 levels in Asian session today. As of writing, the EUR/JPY pair is trading around 131.88 levels. The cross clocked a high of 131.97 earlier today. Capping the...

Fed sees 'near-term' rate hike as likely, but inflation doubts grow
Thursday, 23 November 2017 02:15 WIB

The Federal Reserve in early November viewed a "near-term" increase in interest rates as likely, but top officials also expressed more alarm about persistently low inflation in a sign the bank might not be aggressive in 2018 as previously expected. The language from the Fed's Oct. 31-Nov. 1 meeting was softer than in the September discussions, reflecting worries that low inflation might also be a result of "developments that could prove more persistent," according to the Fed minutes released Wednesday. Despite the nagging doubt the Fed still appears on the cusp of raise interest rates...

Suicide Bomber Kills 8 in Eastern Afghanistan
Friday, 24 November 2017 01:27 WIB

A suicide blast in eastern Afghanistan killed at least 8 people Thursday and wounded 16 others. Officials said the explosion in Jalalabad, capital of Nangarhar province, ripped through a crowd outside the residence of a former district police commander. A provincial government spokesman,...

This Is Gold's Best Chance To Break $1,300 - Saxo Bank
Friday, 24 November 2017 02:42 WIB

Gold traders need to be patient as the market remains stuck in a narrow trading range, according to one commodity analyst who sees growing potential for higher prices by the end of the year. Ole Hansen, head of commodity strategy at Saxo Bank, said that a flatter yield curve -- as the spread...


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