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POPULAR NEWS
Gold pares gains on stronger dollar, posts a modest weekly decline

Gold futures pared much of their earlier gains Friday as a strength in the dollar dulled the dollar-denominated metal's appeal to investors. Prices still logged their highest settlement since last Friday. For the week, they fell by 0.1%, with the haven metal failing to get a significant boost on the back of tensions in the Middle East and Hong Kong. "The fact that gold has managed to trade over $1,340 is a positive sign for next week," said Chintan Karnani, chief market analyst at Insignia...

Stocks fall as chipmakers slide and China data disappoints

Stocks fell on Friday as investors digested a drop in semiconductor shares alongside weak data out of China. The Dow Jones Industrial Average dipped 14 points as Intel and Apple lagged. The S&P 500 slipped 0.1% as the tech sector dropped 0.6%. The Nasdaq Composite slid 0.4%. Chipmakers fell broadly after weak quarterly results from Broadcom. The VanEck Vectors Semiconductor ETF (SMH) fell 2.4%, led by a 6.3% drop on Broadcom. The chipmaker posted weaker-than-expected revenue for the...

European stocks close lower amid Middle East tensions; tech stocks down 1.75%

European stocks closed in the negative territory on Friday as tensions heightened between the U.S. and Iran, following attacks on two oil tankers in the Gulf of Oman on Thursday. The pan-European Stoxx 600 came off its session lows and closed 0.40% lower to 378.81. Tech stocks underperformed with the sector down 1.75%, while the majority of other sectors were trading in the red. Utilities and energy, however posted minor gains. On the last trading day of the week, worldwide focus remained on...

Stocks end week on a high note, even after chip maker losses

Stocks mostly closed lower on Friday, leaving weekly gains still intact, after shares of computer chip makers came under pressure due to US-China trade tensions. The S&P 500 fell 0.2% to end around 2,887. The Dow Jones Industrial Average shed 17 points, or less than 0.1%, to finish near 26,090. The Nasdaq Composite slipped 0.5% to end around 7,797. For the week, S&P was up 0.5%, the Dow was up 0.4% and the Nasdaq was up 0.7%. Broadcom Inc. shares led the slump in tech stocks on Friday...

Hong Kong stocks finish week with another loss (Review)

Hong Kong stocks fell Friday, capping a tumultuous week that saw a sharp sell-off fuelled by violent protests in the city, while investors are also unnerved by China-US trade uncertainty. The Hang Seng Index fell 0.65 percent, or 176.36 points, to 27,118.35. The benchmark Shanghai Composite Index shed 0.99 percent, or 28.77 points, to 2,881.97, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 1.81 percent, or 27.73 points, to 1,505.06. Source : AFP

German flash manufacturing PMI hits 6-year lows of 44.7 in March, EUR drops sharply
Friday, 22 March 2019 16:26 WIB | ECONOMY |Ekonomi JermanPMIEkonomi Eropa

German manufacturing activity grew at the weakest pace in six years in the month of March, the latest manufacturing activity report from IHS/Markit research showed this Friday.

The German manufacturing purchasing managers index (PMI) slipped deeper into contraction territory and arrived at 44.7 versus 48.0 expected and 47.6 previous. Meanwhile, services PMI dropped to a two-month low level of 54.9 as against previous months reading of 55.3 and 54.8 anticipated.

The IHS Markit Flash Germany Composite Output Index hit 69-month lows of 51.5 in March, down from 52.8 booked in February.

Source: FXstreet

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POPULAR NEWS
Gold pares gains on stronger dollar, posts a modest weekly decline

Gold futures pared much of their earlier gains Friday as a strength in the dollar dulled the dollar-denominated metal's appeal to investors. Prices still logged their highest settlement since last Friday. For the week, they fell by 0.1%, with the haven metal failing to get a significant boost on the back of tensions in the Middle East and Hong Kong. "The fact that gold has managed to trade over $1,340 is a positive sign for next week," said Chintan Karnani, chief market analyst at Insignia...

Stocks fall as chipmakers slide and China data disappoints

Stocks fell on Friday as investors digested a drop in semiconductor shares alongside weak data out of China. The Dow Jones Industrial Average dipped 14 points as Intel and Apple lagged. The S&P 500 slipped 0.1% as the tech sector dropped 0.6%. The Nasdaq Composite slid 0.4%. Chipmakers fell broadly after weak quarterly results from Broadcom. The VanEck Vectors Semiconductor ETF (SMH) fell 2.4%, led by a 6.3% drop on Broadcom. The chipmaker posted weaker-than-expected revenue for the...

European stocks close lower amid Middle East tensions; tech stocks down 1.75%

European stocks closed in the negative territory on Friday as tensions heightened between the U.S. and Iran, following attacks on two oil tankers in the Gulf of Oman on Thursday. The pan-European Stoxx 600 came off its session lows and closed 0.40% lower to 378.81. Tech stocks underperformed with the sector down 1.75%, while the majority of other sectors were trading in the red. Utilities and energy, however posted minor gains. On the last trading day of the week, worldwide focus remained on...

Stocks end week on a high note, even after chip maker losses

Stocks mostly closed lower on Friday, leaving weekly gains still intact, after shares of computer chip makers came under pressure due to US-China trade tensions. The S&P 500 fell 0.2% to end around 2,887. The Dow Jones Industrial Average shed 17 points, or less than 0.1%, to finish near 26,090. The Nasdaq Composite slipped 0.5% to end around 7,797. For the week, S&P was up 0.5%, the Dow was up 0.4% and the Nasdaq was up 0.7%. Broadcom Inc. shares led the slump in tech stocks on Friday...

Hong Kong stocks finish week with another loss (Review)

Hong Kong stocks fell Friday, capping a tumultuous week that saw a sharp sell-off fuelled by violent protests in the city, while investors are also unnerved by China-US trade uncertainty. The Hang Seng Index fell 0.65 percent, or 176.36 points, to 27,118.35. The benchmark Shanghai Composite Index shed 0.99 percent, or 28.77 points, to 2,881.97, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 1.81 percent, or 27.73 points, to 1,505.06. Source : AFP

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