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POPULAR NEWS
Gold ends sharply higher, then holds gains after Fed meeting minutes

Gold prices ended sharply higher Wednesday, getting a boost as the U.S. dollar weakened, with the ICE U.S. Dollar Index trading near the session's lows as gold trading settled. December gold was at $1,292 an ounce, after settling with a gain of $10.50, or 0.8%, at $1,292.20 an ounce. Prices for the metal then held ground near their settlement level after minutes from the Federal Open Market Committee™s meeting earlier this month showed the central bank viewed a near-term increase in...

Dollar falls to 4-week low as Fed minutes cast doubt on 2018 rate hikes

The U.S. dollar fell to a four-week low against its major rivals on Wednesday, pummeled by mixed data and a mixed message from the minutes of the Federal Reserve™s last policy meeting. The minutes confirmed that a near-term interest rate increase was all but assured, but showed doubt over persistently low U.S. inflation grew, casting doubt on the pace of rate increases in 2018. The ICE U.S. Dollar Index was down 0.8% at 93.242. The broader WSJ U.S. Dollar Index also slipped 0.8% to...

This Is Gold's Best Chance To Break $1,300 - Saxo Bank

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 between two-year and 10-year bond yields has narrowed to the lowest point in 10 years -- and a struggling U.S. dollar against the Japanese yen are two positive signs for the gold market. œI am watching...

Gold Holds Gain as Dollar Drops on Inflation Concerns

Gold holds advance as dollar weakens after minutes from latest Federal Reserve meeting show that some officials expressed concerns over low inflation, hinting at divisions over future path of U.S. monetary policy. Bullion for immediate delivery -0.1% to $1,290.64/oz at 9:21am in Singapore, after +0.9% Wednesday: Bloomberg generic pricing. Bloomberg Dollar Spot Index flat after -0.7% Wednesday to lowest close in six weeks. S&P 500 Index closed slightly below...

Gold Snaps Two-Day Gain as Market Weighs Rate Outlook

Gold snaps 2-day gain as traders weighed minutes of the latest Federal Reserve meeting and as U.S. markets close for the Thanksgiving holiday. Bullion for immediate delivery -0.4% to $1,287.64/oz in London. Prices +1.2% in previous 2 days. In other precious metals, Silver -0.3% to $17.0971/oz, Platinum -0.4% to $934.81/oz and Palladium -0.2% to $1,004.35/oz. Source : Bloomberg

U.S. Jobless Claims Soar by Most Since 2012 on Hurricane Harvey
Thursday, 7 September 2017 19:39 WIB | ECONOMY |Klaim pengangguran ASEkonomi AS

U.S. jobless claims surged last week by the most since November 2012 as tens of thousands of Texans displaced by Hurricane Harvey filed applications to collect benefits, according to Labor Department figures Thursday. 

Initial jobless claims increased by 62k to seasonally adjusted 298k (est. 245k).

Applications filed in Texas surged by an unadjusted 51,637 from the previous week to 63,742.

Continuing claims in U.S. fell by 5k to 1.94m in week ended Aug. 26 (data reported with one-week lag).

 

Source : Bloomberg

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POPULAR NEWS
Gold ends sharply higher, then holds gains after Fed meeting minutes

Gold prices ended sharply higher Wednesday, getting a boost as the U.S. dollar weakened, with the ICE U.S. Dollar Index trading near the session's lows as gold trading settled. December gold was at $1,292 an ounce, after settling with a gain of $10.50, or 0.8%, at $1,292.20 an ounce. Prices for the metal then held ground near their settlement level after minutes from the Federal Open Market Committee™s meeting earlier this month showed the central bank viewed a near-term increase in...

Dollar falls to 4-week low as Fed minutes cast doubt on 2018 rate hikes

The U.S. dollar fell to a four-week low against its major rivals on Wednesday, pummeled by mixed data and a mixed message from the minutes of the Federal Reserve™s last policy meeting. The minutes confirmed that a near-term interest rate increase was all but assured, but showed doubt over persistently low U.S. inflation grew, casting doubt on the pace of rate increases in 2018. The ICE U.S. Dollar Index was down 0.8% at 93.242. The broader WSJ U.S. Dollar Index also slipped 0.8% to...

This Is Gold's Best Chance To Break $1,300 - Saxo Bank

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 between two-year and 10-year bond yields has narrowed to the lowest point in 10 years -- and a struggling U.S. dollar against the Japanese yen are two positive signs for the gold market. œI am watching...

Gold Holds Gain as Dollar Drops on Inflation Concerns

Gold holds advance as dollar weakens after minutes from latest Federal Reserve meeting show that some officials expressed concerns over low inflation, hinting at divisions over future path of U.S. monetary policy. Bullion for immediate delivery -0.1% to $1,290.64/oz at 9:21am in Singapore, after +0.9% Wednesday: Bloomberg generic pricing. Bloomberg Dollar Spot Index flat after -0.7% Wednesday to lowest close in six weeks. S&P 500 Index closed slightly below...

Gold Snaps Two-Day Gain as Market Weighs Rate Outlook

Gold snaps 2-day gain as traders weighed minutes of the latest Federal Reserve meeting and as U.S. markets close for the Thanksgiving holiday. Bullion for immediate delivery -0.4% to $1,287.64/oz in London. Prices +1.2% in previous 2 days. In other precious metals, Silver -0.3% to $17.0971/oz, Platinum -0.4% to $934.81/oz and Palladium -0.2% to $1,004.35/oz. Source : Bloomberg

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