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POPULAR NEWS
Gold notches a third straight session gain, its second above $1,400

Gold futures climbed sharply on Monday, extending their streak of gains to a third consecutive session. Weakness in the U.S. dollar and 10-year Treasury yield, expectations for lower interest rates among global central banks, as well as geopolitical concerns continued to support haven demand for the precious metal. August gold rose $18.10, or 1.3%, to settle at $1,418.20 on Comex. Prices saw their highest most-active contract finish since August 28, 2013, according to FactSet data. Source :...

Gold gives up nearly all of its gains, but settles at highest since late August 2013

Gold futures gave up almost all of their earlier gains by Tuesday afternoon, though still marked the highest most-active contract settlement since August 2013. Federal Reserve Chairman Jerome Powell suggested Tuesday that an interest-rate cut in July is not a done deal. Following those comments, George Gero, managing director at RBC Wealth Management, said he expected to see profit taking in gold. A July interest-rate cut has been widely expected by investors and economists. August gold rose...

U.S. oil ends higher, but Brent falls as Trump administration announces additional Iran sanctions

Oil futures split two ways on Monday, with U.S. prices ending higher but global benchmark Brent crude posting a loss as the U.S. announced new sanctions on Iran. President Donald Trump on Monday signed an executive order imposing financial sanctions on Iranian leaders, according to pool reports from the White House. In Monday dealings, August West Texas Intermediate crude climbed by 47 cents, or 0.8%, to settle at $57.90 a barrel on the New York Mercantile Exchange. That was the highest...

Gold Continues Rally, Pushing Further Past $1,400

Gold prices resumed a push higher on Monday, as flows into the precious metal continued on improved prospects for easier monetary policy from the Federal Reserve and other central banks. August gold rose $12.60, or 0.9%, to $1,412.60 an ounce, nearing session highs of $1,414.80 an ounce. On Friday, gold settled above $1,400 an ounce for the first time since Sept. 3, 2013, according to FactSet. The contract rose 0.2% to finish at $1,400.10 an ounce, and gained 4.1% for the week. Gold™s...

Tokyo's Nikkei index opens slightly lower, traders eye G20

Tokyo's leading Nikkei stocks index opened marginally lower on Tuesday after a quiet Wall Street session with all eyes on a heavily anticipated US-China meeting at the Group of 20 summit later this week. The benchmark Nikkei 225 index was down 0.03 percent or 5.44 points at 21,280.55 in early trade, while the broader Topix index was up 0.12 percent or 1.89 points at 1,549.63. Source: AFP

US: ISM Manufacturing PMI falls to 52.1 in May from 52.8 in April
Monday, 3 June 2019 21:17 WIB | ECONOMY |Ekonomi ASISM AS

The Institue for Supply Management's (ISM) latest Manufacturing PMI came in at 52.1 in May following April's 52.8 reading and fell short of analysts' estimate of 53 to show an expansion in the manufacturing business activity at a slower pace than expected.

The New Orders Index registered 52.7%, an increase of 1 percentage point from the April reading of 51.7%.

The Production Index registered 51.3%, a 1-percentage point decrease compared to the April reading of 52.3%.

The Employment Index registered 53.7%, an increase of 1.3 percentage points from the April reading of 52.4 perce%.

The Supplier Deliveries Index registered 52%, a 2.6-percentage point decrease from the April reading of 54.6%.

The Inventories Index registered 50.9%, a decrease of 2 percentage points from the April reading of 52.9%.

The Prices Index registered 53.2%, a 3.2-percentage point increase from the April reading of 50%.

Source : FXstreet

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POPULAR NEWS
Gold notches a third straight session gain, its second above $1,400

Gold futures climbed sharply on Monday, extending their streak of gains to a third consecutive session. Weakness in the U.S. dollar and 10-year Treasury yield, expectations for lower interest rates among global central banks, as well as geopolitical concerns continued to support haven demand for the precious metal. August gold rose $18.10, or 1.3%, to settle at $1,418.20 on Comex. Prices saw their highest most-active contract finish since August 28, 2013, according to FactSet data. Source :...

Gold gives up nearly all of its gains, but settles at highest since late August 2013

Gold futures gave up almost all of their earlier gains by Tuesday afternoon, though still marked the highest most-active contract settlement since August 2013. Federal Reserve Chairman Jerome Powell suggested Tuesday that an interest-rate cut in July is not a done deal. Following those comments, George Gero, managing director at RBC Wealth Management, said he expected to see profit taking in gold. A July interest-rate cut has been widely expected by investors and economists. August gold rose...

U.S. oil ends higher, but Brent falls as Trump administration announces additional Iran sanctions

Oil futures split two ways on Monday, with U.S. prices ending higher but global benchmark Brent crude posting a loss as the U.S. announced new sanctions on Iran. President Donald Trump on Monday signed an executive order imposing financial sanctions on Iranian leaders, according to pool reports from the White House. In Monday dealings, August West Texas Intermediate crude climbed by 47 cents, or 0.8%, to settle at $57.90 a barrel on the New York Mercantile Exchange. That was the highest...

Gold Continues Rally, Pushing Further Past $1,400

Gold prices resumed a push higher on Monday, as flows into the precious metal continued on improved prospects for easier monetary policy from the Federal Reserve and other central banks. August gold rose $12.60, or 0.9%, to $1,412.60 an ounce, nearing session highs of $1,414.80 an ounce. On Friday, gold settled above $1,400 an ounce for the first time since Sept. 3, 2013, according to FactSet. The contract rose 0.2% to finish at $1,400.10 an ounce, and gained 4.1% for the week. Gold™s...

Tokyo's Nikkei index opens slightly lower, traders eye G20

Tokyo's leading Nikkei stocks index opened marginally lower on Tuesday after a quiet Wall Street session with all eyes on a heavily anticipated US-China meeting at the Group of 20 summit later this week. The benchmark Nikkei 225 index was down 0.03 percent or 5.44 points at 21,280.55 in early trade, while the broader Topix index was up 0.12 percent or 1.89 points at 1,549.63. Source: AFP

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