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POPULAR NEWS
Strong U.S. Jobs Data Supports Dollar as Market Looks to U.S.-China Trade Deal

The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in the U.S.-China trade war. The dollar index stood almost flat at 97.704 in early Asian trade on Monday, after rising 0.3% on Friday. The euro traded at $1.10575 , after hitting a one-week low of $1.10395 on Friday. The dollar changed hands at 108.57 yen . It had lifted to 108.92 yen on the U.S. jobs data before losing...

Gold Holds Drop as Equities Rally on Solid U.S. Jobs

Gold held a decline after a better-than-expected U.S. payrolls report on Friday led to a surge in equities, damping demand for haven assets. Job gains roared back in November and wages topped estimates, giving the Federal Reserve more reason to hold interest rates steady after three straight cuts. Payrolls jumped 266,000 last month, the most since January, according to a government report that topped all forecasts in a Bloomberg survey. In focus this week are the Fed™s and...

Tokyo: Stocks Open Higher With Eyes on Key Global Events

Tokyo stocks opened higher on Monday extending rallies on Wall Street after strong jobs data, as investors closely watched key events this week including central bank meetings and the UK elections. The benchmark Nikkei 225 index climbed 0.34 per cent or 79.11 points to 23,433.51 in early trade, while the broader Topix index was up 0.36 per cent or 6.11 points at 1,719.47. Source : AFP

Oil Drops From 12-Week High as Demand Woes Overshadow Output Cut

Oil retreated from a 12-week high as optimism spurred by Saudi Arabia's surprise output cut was overshadowed by demand concerns. West Texas Intermediate for January delivery fell 28 cents, or 0.5%, to $58.92 a barrel on the New York Mercantile Exchange as of 9:47 a.m. in Singapore. The contract closed at $59.20 on Friday, the highest since Sept. 17. It climbed 7.3% last week, the most since mid-June. Brent for February settlement dropped 23 cents, or 0.4%, to $64.16 a barrel on the...

Gold Prices Near Flat; Fed Meeting, Trade News Eyed

Gold prices stayed near flat on Monday in Asia as traders awaited the U.S. Federal Reserve meeting later this week and updates on the Sino-U.S. trade developments. U.S. Gold Futures were little changed at $1,464.85 by 1:10 AM ET (05:10 GMT). The yellow metal suffered a steep drop on Friday following a better-than-expected U.S. nonfarm payrolls report, which sent the U.S. dollar and stocks higher.U.S. Labor Department data showed that employers added 266,000 jobs in November - the most since...

China Consumer Prices Surge in March as Factory Inflation Gains
Thursday, 11 April 2019 08:48 WIB | ECONOMY |ekonomi ChinaCPI China

China™s consumer inflation surged in March on rising food prices, while factory-gate prices rebounded from close to zero.

The consumer price index rose 2.3 percent last month from a year earlier after gaining 1.5 percent in February, while factory price growth accelerated to 0.4 percent, according to the National Bureau of Statistics. That compares to estimates of 2.3 percent and 0.4 percent respectively.

Pork prices, a key element in the country™s CPI basket, surged in March as over a million hogs were culled in an outbreak of African swine fever.

China™s economy will still flirt with deflation this year with producer prices likely to contract in the second half, according to economists.

Source : Bloomberg

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ADP badly disappoints with 67K, GBP/USD breaks above 1.31, EUR/USD nears 1.11...
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ADP's Employment Change figures for November came out at 67,000, well below expectations for an increase of 140,00. Moreover, October's figure was revised down to 121,000 from 125,000. Some suspect t...

Aussie GDP Q3 Misses The Mark, AUD/USD Drops to Session Lows...
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POPULAR NEWS
Strong U.S. Jobs Data Supports Dollar as Market Looks to U.S.-China Trade Deal

The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in the U.S.-China trade war. The dollar index stood almost flat at 97.704 in early Asian trade on Monday, after rising 0.3% on Friday. The euro traded at $1.10575 , after hitting a one-week low of $1.10395 on Friday. The dollar changed hands at 108.57 yen . It had lifted to 108.92 yen on the U.S. jobs data before losing...

Gold Holds Drop as Equities Rally on Solid U.S. Jobs

Gold held a decline after a better-than-expected U.S. payrolls report on Friday led to a surge in equities, damping demand for haven assets. Job gains roared back in November and wages topped estimates, giving the Federal Reserve more reason to hold interest rates steady after three straight cuts. Payrolls jumped 266,000 last month, the most since January, according to a government report that topped all forecasts in a Bloomberg survey. In focus this week are the Fed™s and...

Tokyo: Stocks Open Higher With Eyes on Key Global Events

Tokyo stocks opened higher on Monday extending rallies on Wall Street after strong jobs data, as investors closely watched key events this week including central bank meetings and the UK elections. The benchmark Nikkei 225 index climbed 0.34 per cent or 79.11 points to 23,433.51 in early trade, while the broader Topix index was up 0.36 per cent or 6.11 points at 1,719.47. Source : AFP

Oil Drops From 12-Week High as Demand Woes Overshadow Output Cut

Oil retreated from a 12-week high as optimism spurred by Saudi Arabia's surprise output cut was overshadowed by demand concerns. West Texas Intermediate for January delivery fell 28 cents, or 0.5%, to $58.92 a barrel on the New York Mercantile Exchange as of 9:47 a.m. in Singapore. The contract closed at $59.20 on Friday, the highest since Sept. 17. It climbed 7.3% last week, the most since mid-June. Brent for February settlement dropped 23 cents, or 0.4%, to $64.16 a barrel on the...

Gold Prices Near Flat; Fed Meeting, Trade News Eyed

Gold prices stayed near flat on Monday in Asia as traders awaited the U.S. Federal Reserve meeting later this week and updates on the Sino-U.S. trade developments. U.S. Gold Futures were little changed at $1,464.85 by 1:10 AM ET (05:10 GMT). The yellow metal suffered a steep drop on Friday following a better-than-expected U.S. nonfarm payrolls report, which sent the U.S. dollar and stocks higher.U.S. Labor Department data showed that employers added 266,000 jobs in November - the most since...

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