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POPULAR NEWS
Oil Holds Advance After Storm Barry Disrupts U.S. Production

Oil prices carried over a bullish tone from last week after Tropical Storm Barry shut down almost three-quarters of U.S. Gulf of Mexico production over the weekend. Futures in New York were up slightly, after gaining 4.7% last week. Barry weakened to a tropical depression Sunday, with some producers preparing to re-staff their offshore platforms. As of Sunday, Barry caused nearly 73% of crude oil production in the gulf to shut, up from 70% the day before, the Bureau of Safety...

Gold Trades Steady Ahead of China GDP Data

Gold prices held steady in early Asian trade on Monday, as market participants awaited key economic data from China for cues about the health of the world™s second-largest economy. Spot gold was flat at $1,415.34 per ounce as of 0100 GMT. U.S. gold futures were up 0.3% at $1,416.50 an ounce. Source : Reuters

Gold Prices Little Changed as China Growth Data Matches Expectations

Gold prices were little changed on Monday in Asia after data showed China™s second-quarter growth data slowed to a 27-year low but matched expectations. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange were little changed at $1,413.35 by 12:43 AM ET (04:43 GMT). The prices of the safe-haven asset was little changed after the release of a slew of China data this morning. The country™s GDP growth slowed to 6.2% year-on-year in the...

Wall St. Leans Neutral/Sideways On Gold Prices, Main St. Bullish

Wall Street traders and analysts are undecided or else look for gold prices to be sideways this week, while Main Street remained bullish, according to the weekly Kitco News gold survey. The largest block of Wall Street voters were in the neutral/sideways camp, while the rest were nearly evenly split between bulls and bears. This was the first time Wall Street was not bullish since May 10, when the professionals were also neutral. Sixteen market professionals took part in the Wall Street...

Trump Tweets About Non-White Lawmakers Prompt Fresh Outrage

In a series of Sunday morning tweets quickly deemed racist and xenophobic by critics, U.S. President Donald Trump has provoked fresh controversy with taunts at several new members of Congress. Trump on Twitter, targeted Progressive Democratic Congresswomen, telling them to "go back" and help fix the "crime infested" countries from which they came. Of the four apparently targeted, only one ” Minnesota Congresswoman Ilhan Omar, a native of Somalia ” is foreign born. The other three are...

U.S. Factory Gauge Drops Less Than Forecast But Orders Stall
Monday, 1 July 2019 21:14 WIB | ECONOMY |Ekonomi AS

A gauge of U.S. factory activity fell in June by less than forecast as output and jobs improved though new orders stalled, highlighting the repercussions of trade uncertainty and slower growth abroad.

The Institute for Supply Management index dropped to 51.7, the third straight decline and the weakest level since October 2016, the group™s data showed Monday. Still, that topped the median estimate of 51 in a Bloomberg survey of economists. The measure of new orders fell to 50, the lowest since December 2015 and equaling the dividing line between growth and contraction.

The data are consistent with other reports showing widespread weakness in manufacturing from Europe to Asia. While a trade cease-fire announced by President Donald Trump and Chinese leader Xi Jinping at this weekend™s Group of 20 meetings could help stabilize the industry, a sluggish global economy will remain a pressing concern for producers.

Source : Bloomberg

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China Economy Slows Further in 2nd Quarter Amid Trade Standoff...
Monday, 15 July 2019 09:14 WIB

China economy continued slowing in the second quarter, with sluggish domestic output and continuing trade tensions pulling growth down to the weakest pace since the early 1990s. Gross domestic produc...

U.S. wholesale prices increased 0.1% in June, PPI shows...
Friday, 12 July 2019 19:46 WIB

The producer price index rose a modest 0.1% in June, indicating that inflation remains muted. Economists polled by MarketWatch had predicted a 0.1% fall. The increase in wholesale inflation over the ...

Consumer inflation edges up 0.1% in June, CPI shows, but price pressures still muted...
Thursday, 11 July 2019 19:54 WIB

Americans paid more for rent, clothes and autos in June, but consumer inflation was largely held in check by falling energy prices. Waning inflation is one of the chief reasons the Federal Reserve is ...

UK Economy Returns to Growth in May as Car Production Gains...
Wednesday, 10 July 2019 15:52 WIB

The UK economy rebounded in May as car factories resumed work following Brexit-related shutdowns. GDP rose 0.3% after a decline in the previous month, the Office for National Statistics sai...

U.S. creates 224,000 jobs in June, unemployment rises to 3.7%...
Friday, 5 July 2019 19:44 WIB

The U.S. created 224,000 new jobs in June, bouncing back from a small increase in May and suggesting U.S. economy is still doing OK. The unemployment rate rose a tick to 3.7% as more people entered t...

POPULAR NEWS
Oil Holds Advance After Storm Barry Disrupts U.S. Production

Oil prices carried over a bullish tone from last week after Tropical Storm Barry shut down almost three-quarters of U.S. Gulf of Mexico production over the weekend. Futures in New York were up slightly, after gaining 4.7% last week. Barry weakened to a tropical depression Sunday, with some producers preparing to re-staff their offshore platforms. As of Sunday, Barry caused nearly 73% of crude oil production in the gulf to shut, up from 70% the day before, the Bureau of Safety...

Gold Trades Steady Ahead of China GDP Data

Gold prices held steady in early Asian trade on Monday, as market participants awaited key economic data from China for cues about the health of the world™s second-largest economy. Spot gold was flat at $1,415.34 per ounce as of 0100 GMT. U.S. gold futures were up 0.3% at $1,416.50 an ounce. Source : Reuters

Gold Prices Little Changed as China Growth Data Matches Expectations

Gold prices were little changed on Monday in Asia after data showed China™s second-quarter growth data slowed to a 27-year low but matched expectations. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange were little changed at $1,413.35 by 12:43 AM ET (04:43 GMT). The prices of the safe-haven asset was little changed after the release of a slew of China data this morning. The country™s GDP growth slowed to 6.2% year-on-year in the...

Wall St. Leans Neutral/Sideways On Gold Prices, Main St. Bullish

Wall Street traders and analysts are undecided or else look for gold prices to be sideways this week, while Main Street remained bullish, according to the weekly Kitco News gold survey. The largest block of Wall Street voters were in the neutral/sideways camp, while the rest were nearly evenly split between bulls and bears. This was the first time Wall Street was not bullish since May 10, when the professionals were also neutral. Sixteen market professionals took part in the Wall Street...

Trump Tweets About Non-White Lawmakers Prompt Fresh Outrage

In a series of Sunday morning tweets quickly deemed racist and xenophobic by critics, U.S. President Donald Trump has provoked fresh controversy with taunts at several new members of Congress. Trump on Twitter, targeted Progressive Democratic Congresswomen, telling them to "go back" and help fix the "crime infested" countries from which they came. Of the four apparently targeted, only one ” Minnesota Congresswoman Ilhan Omar, a native of Somalia ” is foreign born. The other three are...

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