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POPULAR NEWS
Oil holds steady as rising U.S. rig count offsets Iran sanctions worries

Oil prices were stable on Monday, supported by supply concerns ahead of the start of U.S. sanctions against Iran's crude exports, but held back by rising drilling activity in the United States. Front-month Brent crude oil futures were trading at $79.74 a barrel at 0042 GMT, 4 cents below their last close at the end of last week. U.S. West Texas Intermediate crude futures were at $69.07 a barrel, 5 cents below their last settlement. U.S. sanctions against Iran's oil exports will start on...

Tokyo: Stocks open lower on Monday

Tokyo stocks opened lower on Monday amid lingering geopolitical worries including the diplomatic fallout from the death of a Saudi journalist and ahead of corporate earnings report season. The Nikkei 225 index was off 0.66 per cent or 148.69 points at 22,383.39 in early trade, while the broader Topix index was down 0.72 per cent or 12.19 points at 1,680.66. AFP

Shanghai stocks extend rally at open

Shares rallied at the start of trade in Shanghai on Monday, extending a surge at the end of last week after China's top economic officials issued coordinated statements aimed at shoring up support for beleaguered markets. The benchmark Shanghai Composite Index rose 0.59 percent, or 15.17 points, to 2,565.64, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.93 percent, or 11.72 points, to 1,275.53. And the Hang Seng Index added 0.79 percent, or...

Gold Extends Rally as Safe Haven Demand Picks Up

Gold advanced for third day after White House economic adviser Larry Kudlow accused China of doing ''nothing'' to defuse a trade spat and as tensions between the U.S. and Saudi Arabia continue to simmer. U.S. stock-index futures declined, while equities in China climbed after President Xi Jinping vowed 'unwavering' support for the country's private sector. In an indication of renewed appetite for the metal as a safe haven, bearish bets on gold fell by the most since March. The...

Turkey's President Promises to Reveal 'Naked Truth' About Khashoggi Killing

Turkey's president Recep Tayyip Erdogan is vowing to reveal what he says is the "naked truth" about the death of Saudi journalist Jamal Khashoggi. Erdogan told an Istanbul rally Sunday "We are looking for justice here and this will be revealed in all its naked truth, not through some ordinary steps." Erdogan spoke to U.S. President Donald Trump by telephone Sunday, a Turkey's state-run news agency reports. It says both agree the Khashoggi case needs to be "cleared up with all...

CPI rises 0.1% in December mostly on higher housing costs
Friday, 12 January 2018 20:57 WIB | UNITED STATES |ECONOMICIndeks harga konsumen ASEkonomi ASCPI Amerika

The consumer price index rose 0.1% in December, with four-fifths of the increase tied to the highest cost of housing. The increase matched the MarketWatch forecast.

If gas and food are stripped out, the so-called core rate of inflation rose a much sharper 0.3%, a notch above the MarketWatch forecast and the highest reading in almost a year.

The 12-month rate of inflation as measured by the CPI slipped to 2.1% from 2.2%.

The more closely followed core rate edged up 1.8% from 1.7%, but it™s been stuck in that range for eight months in a row.

The increase in the cost of living last month was tied largely to increasing rents and home prices.

Also contributing: Higher prices for prescription drugs, new cars and trucks and motor vehicle insurance.

Food prices rose 0.2%, but that increase was more than offset by a 1.2% drop in energy prices.

Adjusted for inflation, hourly wages rose 0.2% to mark the first increase since July. Over the past year œreal wages have only risen 0.4%, however.

Source: Marketwatch

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POPULAR NEWS
Oil holds steady as rising U.S. rig count offsets Iran sanctions worries

Oil prices were stable on Monday, supported by supply concerns ahead of the start of U.S. sanctions against Iran's crude exports, but held back by rising drilling activity in the United States. Front-month Brent crude oil futures were trading at $79.74 a barrel at 0042 GMT, 4 cents below their last close at the end of last week. U.S. West Texas Intermediate crude futures were at $69.07 a barrel, 5 cents below their last settlement. U.S. sanctions against Iran's oil exports will start on...

Tokyo: Stocks open lower on Monday

Tokyo stocks opened lower on Monday amid lingering geopolitical worries including the diplomatic fallout from the death of a Saudi journalist and ahead of corporate earnings report season. The Nikkei 225 index was off 0.66 per cent or 148.69 points at 22,383.39 in early trade, while the broader Topix index was down 0.72 per cent or 12.19 points at 1,680.66. AFP

Shanghai stocks extend rally at open

Shares rallied at the start of trade in Shanghai on Monday, extending a surge at the end of last week after China's top economic officials issued coordinated statements aimed at shoring up support for beleaguered markets. The benchmark Shanghai Composite Index rose 0.59 percent, or 15.17 points, to 2,565.64, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.93 percent, or 11.72 points, to 1,275.53. And the Hang Seng Index added 0.79 percent, or...

Gold Extends Rally as Safe Haven Demand Picks Up

Gold advanced for third day after White House economic adviser Larry Kudlow accused China of doing ''nothing'' to defuse a trade spat and as tensions between the U.S. and Saudi Arabia continue to simmer. U.S. stock-index futures declined, while equities in China climbed after President Xi Jinping vowed 'unwavering' support for the country's private sector. In an indication of renewed appetite for the metal as a safe haven, bearish bets on gold fell by the most since March. The...

Turkey's President Promises to Reveal 'Naked Truth' About Khashoggi Killing

Turkey's president Recep Tayyip Erdogan is vowing to reveal what he says is the "naked truth" about the death of Saudi journalist Jamal Khashoggi. Erdogan told an Istanbul rally Sunday "We are looking for justice here and this will be revealed in all its naked truth, not through some ordinary steps." Erdogan spoke to U.S. President Donald Trump by telephone Sunday, a Turkey's state-run news agency reports. It says both agree the Khashoggi case needs to be "cleared up with all...

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