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POPULAR NEWS
Gold futures pull back from a fresh 9-year peak, but hold above $1,800 an ounce

Gold futures ended lower on Thursday, pulling back a day after scoring another settlement at the highest since September 2011, but the haven metal held ground above $1,800 an ounce after data showed weekly U.S. jobless claims remained well above one million. August gold fell $16.80, or 0.9%, to settle at $1,803.80 an ounce, a day after the most-active contract rose 0.6% to settle at $1,820.60, the highest since Sept. 14, 2011, according to FactSet data. Prices on Thursday touched a low of...

Gold Futures Slip, Set to Take a Breather after Carving Out Fresh 9-Year Peak

Gold futures edged back early Thursday, giving up some of its gains after the precious metal scored another settlement at the highest since September 2011, but silver and platinum futures were staging a sharp advance. Precious metals have mostly benefited from expectations for a lengthy period of government and central bank stimulus to support economies harmed by the COVID-19 pandemic, but some analysts say that July also has been a seasonally strong period for gold due to heightened physical...

Dollar rises from four-week low as US stocks retreat

The dollar rallied from a four-week low in choppy trading on Thursday, enhancing the greenback's safe-haven appeal, as U.S. stocks fell with market sentiment turning cautious as the United States hit another record high on new coronavirus cases. The euro, meanwhile, fell from a one-month high versus the dollar, while commodity currencies, which tend to rise when there's higher risk appetite also slid against the greenback. Some analysts said dollar sentiment turned higher after the U.S....

Hong Kong Stocks Close On Strong Note (Review)

Hong Kong stocks finished with more gains on Thursday, in line with advances across Asia following another record-breaking lead from Wall Street. The Hang Seng Index rose 0.31 percent, or 80.98 points, to 26,210.16. The benchmark Shanghai Composite Index climbed 1.39 percent, or 47.15 points, to 3,450.59 while the Shenzhen Composite Index on China's second exchange jumped 2.70 percent, or 59.33 points, to 2257.95. Source : AFP

Oil falls, with U.S. benchmark settling back under $40 as coronavirus concerns swirl

Oil futures fell on Thursday, with U.S. benchmark prices settling back below $40 a barrel, as commodity traders contended with rising cases of coronavirus in the U.S. and some other countries that may threaten to unsettle demand for crude. August West Texas Intermediate crude fell by $1.28, or 3.1%, to settle at $39.62 a barrel on the New York Mercantile Exchange, after climbing 0.7% on Wednesday. Prices finished Thursday at the lowest since for a front-month contract June 30, according to...

U.S. Manufacturing, Services PMI Improve in November
Friday, 22 November 2019 22:12 WIB | ECONOMY |Ekonomi AS

IHS Markit said its flash manufacturing purchasing managers index rose to 52.2 in November from 51.3 in October. This is the fastest rate since April.

Meanwhile the flash services purchasing managers index in November rose to 51.6 from 50.6. This is the quickest expansion since July.

Any reading above 50 indicates improving conditions. The flash estimate is typically based on approximately 85%“90% of total survey responses each month.

Manufacturers registered a solid rise in new orders in November. There was a small upturn in service sector new business. Both manufacturers and service providers indicated a rise in workforce numbers.

Source : Marketwatch

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POPULAR NEWS
Gold futures pull back from a fresh 9-year peak, but hold above $1,800 an ounce

Gold futures ended lower on Thursday, pulling back a day after scoring another settlement at the highest since September 2011, but the haven metal held ground above $1,800 an ounce after data showed weekly U.S. jobless claims remained well above one million. August gold fell $16.80, or 0.9%, to settle at $1,803.80 an ounce, a day after the most-active contract rose 0.6% to settle at $1,820.60, the highest since Sept. 14, 2011, according to FactSet data. Prices on Thursday touched a low of...

Gold Futures Slip, Set to Take a Breather after Carving Out Fresh 9-Year Peak

Gold futures edged back early Thursday, giving up some of its gains after the precious metal scored another settlement at the highest since September 2011, but silver and platinum futures were staging a sharp advance. Precious metals have mostly benefited from expectations for a lengthy period of government and central bank stimulus to support economies harmed by the COVID-19 pandemic, but some analysts say that July also has been a seasonally strong period for gold due to heightened physical...

Dollar rises from four-week low as US stocks retreat

The dollar rallied from a four-week low in choppy trading on Thursday, enhancing the greenback's safe-haven appeal, as U.S. stocks fell with market sentiment turning cautious as the United States hit another record high on new coronavirus cases. The euro, meanwhile, fell from a one-month high versus the dollar, while commodity currencies, which tend to rise when there's higher risk appetite also slid against the greenback. Some analysts said dollar sentiment turned higher after the U.S....

Hong Kong Stocks Close On Strong Note (Review)

Hong Kong stocks finished with more gains on Thursday, in line with advances across Asia following another record-breaking lead from Wall Street. The Hang Seng Index rose 0.31 percent, or 80.98 points, to 26,210.16. The benchmark Shanghai Composite Index climbed 1.39 percent, or 47.15 points, to 3,450.59 while the Shenzhen Composite Index on China's second exchange jumped 2.70 percent, or 59.33 points, to 2257.95. Source : AFP

Oil falls, with U.S. benchmark settling back under $40 as coronavirus concerns swirl

Oil futures fell on Thursday, with U.S. benchmark prices settling back below $40 a barrel, as commodity traders contended with rising cases of coronavirus in the U.S. and some other countries that may threaten to unsettle demand for crude. August West Texas Intermediate crude fell by $1.28, or 3.1%, to settle at $39.62 a barrel on the New York Mercantile Exchange, after climbing 0.7% on Wednesday. Prices finished Thursday at the lowest since for a front-month contract June 30, according to...

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