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POPULAR NEWS
Oil Trades Near $68 as U.S. Rig Count Falls by Most Since March

Oil held steady near $68 a barrel as U.S. data showed the nation's drillers decreased activity. September futures in New York were little changed after falling 2.4 percent last week. The August contract expired Friday at $70.46 a barrel. U.S. working oil rigs fell by five to 858, the biggest drop since March 30, according to data from Baker Hughes. Meanwhile, hedge funds cut their net-long position in West Texas Intermediate by the most since May, according to U.S....

Gold Climbs 2nd Day as Dollar Slumps on Trump's Tweets

Gold advances for second day as dollar weakens after U.S. President Donald Trump tweeted that China and the European Union have been manipulating their currencies. Bullion for immediate delivery +0.3% to $1,233.30/oz at 9:53am in Singapore, after +0.5% on Friday: Bloomberg generic pricing. Metal hit $1,211.63 last week, lowest since July 2017, as rising dollar, trade tensions spur declines. Bloomberg Dollar Spot Index -0.2% after -0.8% Friday. In other precious...

Nikkei hit as Trump comments, BOJ reports boost yen

Japan's Nikkei fell on Monday, after U.S. President Donald Trump's latest trade comments and speculation towards the Bank of Japan tweaking its massive easing scheme triggered a rally in the yen. The Nikkei was down 1.29 percent at 22,404.45 on midday trade The dollar traded below 111.00 yen, having tumbled from the six-month peak above 113.00 scaled late last week after President Trump said the strong greenback put his country at a disadvantage. Losses in Topix stocks were less pronounced...

USD/JPY: bears burst below 111 the figure and score a low of 110.85

USD/JPY is on the move in Asia and Tokyo has pushed it higher to test the 111 psychological level with a low of 110.85 so far from a high of 111.51. USD/JPY has been dropping, following the move that started last week following Trump's comments on CNBC that have sparked an unwinding in the dollar. The DXY has dropped all the way back to 94.2810 from close to 95.31 earlier in the month. However, there is a decoupling of US yields and the dollar where 10yr treasury yields rose from 2.84% to...

Tokyo stocks open lower in early trade

Tokyo stocks opened lower on Monday as the yen firmed against the dollar after US President Donald Trump accused China and the European Union of keeping their currencies low. The benchmark Nikkei 225 index lost 0.89 percent, or 200.89 points, to 22,496.99 in early trade, while the broader Topix index was down 0.44 percent, or 7.71 points, at 1,737.27. Source : AFP

U.S. jobless claims fall to 5-week low of 236,000
Thursday, 7 December 2017 20:44 WIB | ECONOMY |Klaim pengangguran ASekonomi A.SU.S.Unemployment

Initial U.S. jobless claims, a way to measure layoffs, fell by 2,000 to 236,000 in the seven days ended Dec 2. Economists surveyed by MarketWatch had forecast claims to total 240,000.

The more stable monthly average of claims slipped by 750 to 241,500, the government said Thursday.

The number of people already collecting unemployment benefits, known as continuing claims, declined by 52,000 to 1.91 million.

The number of Americans applying for unemployment benefits each week has settled around 230,000, reflecting the strongest U.S. labor market since Bill Clinton was president.

New claims are still elevated in Puerto Rico a few months after the island was devastated by Hurricane Maria, but it™s only had a tiny effect on overall U.S. claims.

Source: Marketwatch

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POPULAR NEWS
Oil Trades Near $68 as U.S. Rig Count Falls by Most Since March

Oil held steady near $68 a barrel as U.S. data showed the nation's drillers decreased activity. September futures in New York were little changed after falling 2.4 percent last week. The August contract expired Friday at $70.46 a barrel. U.S. working oil rigs fell by five to 858, the biggest drop since March 30, according to data from Baker Hughes. Meanwhile, hedge funds cut their net-long position in West Texas Intermediate by the most since May, according to U.S....

Gold Climbs 2nd Day as Dollar Slumps on Trump's Tweets

Gold advances for second day as dollar weakens after U.S. President Donald Trump tweeted that China and the European Union have been manipulating their currencies. Bullion for immediate delivery +0.3% to $1,233.30/oz at 9:53am in Singapore, after +0.5% on Friday: Bloomberg generic pricing. Metal hit $1,211.63 last week, lowest since July 2017, as rising dollar, trade tensions spur declines. Bloomberg Dollar Spot Index -0.2% after -0.8% Friday. In other precious...

Nikkei hit as Trump comments, BOJ reports boost yen

Japan's Nikkei fell on Monday, after U.S. President Donald Trump's latest trade comments and speculation towards the Bank of Japan tweaking its massive easing scheme triggered a rally in the yen. The Nikkei was down 1.29 percent at 22,404.45 on midday trade The dollar traded below 111.00 yen, having tumbled from the six-month peak above 113.00 scaled late last week after President Trump said the strong greenback put his country at a disadvantage. Losses in Topix stocks were less pronounced...

USD/JPY: bears burst below 111 the figure and score a low of 110.85

USD/JPY is on the move in Asia and Tokyo has pushed it higher to test the 111 psychological level with a low of 110.85 so far from a high of 111.51. USD/JPY has been dropping, following the move that started last week following Trump's comments on CNBC that have sparked an unwinding in the dollar. The DXY has dropped all the way back to 94.2810 from close to 95.31 earlier in the month. However, there is a decoupling of US yields and the dollar where 10yr treasury yields rose from 2.84% to...

Tokyo stocks open lower in early trade

Tokyo stocks opened lower on Monday as the yen firmed against the dollar after US President Donald Trump accused China and the European Union of keeping their currencies low. The benchmark Nikkei 225 index lost 0.89 percent, or 200.89 points, to 22,496.99 in early trade, while the broader Topix index was down 0.44 percent, or 7.71 points, at 1,737.27. Source : AFP

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