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POPULAR NEWS
Gold Futures Fall Sharply for The Session, Climb for The Month

Gold futures fell sharply on Tuesday, but scored a gain for month against a backdrop of ongoing worries about the spread of the coronavirus and overall losses in the stock market. June gold fell $46.60, or 2.8%, to settle at $1,596.60 an ounce. The contract, which is now the most active, was up 1.6% from its finish at $1,571.80 on Feb. 28, according to FactSet data. Source : Marketwatch

Gold Futures Settle Lower for a Second Session

Gold futures fell Monday for a second session, pressured as U.S. benchmark stock indexes climbed and the dollar strengthened. "Gold has been the answer to needed cash for the most part," said George Gero, managing director at RBC Wealth Management, following the record coronavirus-led retreat in the stock market. June gold fell $10.90, or 0.7%, to settle at $1,643.20 an ounce. The contract, which is now the most active, posted a loss of 0.4% on Friday. Source : Marketwatch

Gold Heads Lower As Dollar Finds Support And Bond Yields Edge Up

Gold futures head lower Tuesday morning, putting the precious metal on track for a second drop in a row as government bond yields and the US. dollar rose, pressuring precious metals that have mostly gained in the month and quarter against the backdrop of the COVID-19 pandemic. June gold on Comex was off $21.50, or 1.3%, at $1,621.87 an ounce, after falling 0.7% on Monday. For the month, gold has advanced 3.5% thus far, and is on pace for a return for the first quarter, which ends on Tuesday,...

U.S. oil prices settle above the key $20 mark, but log lowest finish since 2002

Oil futures fell on Monday, settling above the key $20 mark, but concerns over a drop in energy demand pushed prices to their lowest finish since 2002. "Oil likely has little hope of rallying without some major production cut amongst producers, as global oil demand plunges under pressure from billions of people globally staying home to prevent the spread" of COVID-19, said Patrick De Haan, head of petroleum analysis at GasBuddy, in a statement Monday. May West Texas Intermediate oil fell...

Hong Kong Stocks Close on a High (Review)

Hong Kong stocks closed on a positive note Tuesday, in line with a broad Asia advance and following a rally on Wall Street, while investors welcomed a surprisingly strong factory activity report out of China. The Hang Seng Index jumped 1.85 percent, or 428.37 points, to 23,603.48. The benchmark Shanghai Composite Index edged up 0.11 percent, or 3.08 points, to 2,750.30, but the Shenzhen Composite Index on China's second exchange added 0.51 percent, or 8.38 points, to 1,665.93. Source : AFP

UK retail sales growth softens in third-quarter as department stores disappoint
Thursday, 17 October 2019 16:03 WIB | ECONOMY |

British shoppers grew more cautious about their spending in the three months to September despite enjoying real growth in their wages, raising concerns about the health of the economy in the run-up to Brexit.

Consumer spending has been the biggest driver of British economic growth since June 2016's referendum to leave the European Union, but there have been increasing signs that this is starting to soften.

Monthly retail sales volumes were flat in September and annual sales growth picked up to 3.1% from a weak 2.6% in August, the Office for National Statistics said on Thursday - slightly less of a recovery than economists had forecast in a Reuters poll.

Looking at the third quarter as a whole, which strips out monthly volatility, quarterly sales growth held steady at 0.6% while the annual pace of expansion dropped to 3.1% from 3.6%, the weakest growth since the final quarter of 2018.

Source: Reuters

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POPULAR NEWS
Gold Futures Fall Sharply for The Session, Climb for The Month

Gold futures fell sharply on Tuesday, but scored a gain for month against a backdrop of ongoing worries about the spread of the coronavirus and overall losses in the stock market. June gold fell $46.60, or 2.8%, to settle at $1,596.60 an ounce. The contract, which is now the most active, was up 1.6% from its finish at $1,571.80 on Feb. 28, according to FactSet data. Source : Marketwatch

Gold Futures Settle Lower for a Second Session

Gold futures fell Monday for a second session, pressured as U.S. benchmark stock indexes climbed and the dollar strengthened. "Gold has been the answer to needed cash for the most part," said George Gero, managing director at RBC Wealth Management, following the record coronavirus-led retreat in the stock market. June gold fell $10.90, or 0.7%, to settle at $1,643.20 an ounce. The contract, which is now the most active, posted a loss of 0.4% on Friday. Source : Marketwatch

Gold Heads Lower As Dollar Finds Support And Bond Yields Edge Up

Gold futures head lower Tuesday morning, putting the precious metal on track for a second drop in a row as government bond yields and the US. dollar rose, pressuring precious metals that have mostly gained in the month and quarter against the backdrop of the COVID-19 pandemic. June gold on Comex was off $21.50, or 1.3%, at $1,621.87 an ounce, after falling 0.7% on Monday. For the month, gold has advanced 3.5% thus far, and is on pace for a return for the first quarter, which ends on Tuesday,...

U.S. oil prices settle above the key $20 mark, but log lowest finish since 2002

Oil futures fell on Monday, settling above the key $20 mark, but concerns over a drop in energy demand pushed prices to their lowest finish since 2002. "Oil likely has little hope of rallying without some major production cut amongst producers, as global oil demand plunges under pressure from billions of people globally staying home to prevent the spread" of COVID-19, said Patrick De Haan, head of petroleum analysis at GasBuddy, in a statement Monday. May West Texas Intermediate oil fell...

Hong Kong Stocks Close on a High (Review)

Hong Kong stocks closed on a positive note Tuesday, in line with a broad Asia advance and following a rally on Wall Street, while investors welcomed a surprisingly strong factory activity report out of China. The Hang Seng Index jumped 1.85 percent, or 428.37 points, to 23,603.48. The benchmark Shanghai Composite Index edged up 0.11 percent, or 3.08 points, to 2,750.30, but the Shenzhen Composite Index on China's second exchange added 0.51 percent, or 8.38 points, to 1,665.93. Source : AFP

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