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POPULAR NEWS
Gold Drops 2nd Day on Rising Stocks, Trade Comments

Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with China. Stocks in Asia gained along with U.S. futures Monday, while Treasury yieldscontinued to recover from multi-year lows reached last week, when an inversion in the yield curve sparked recession worries. Trump said the U.S. is œdoing very well with China, and talking! but suggested he wasn™t ready to sign a trade deal, hours...

Oil Holds Gains After Drone Attack Fails to Disrupt Saudi Output

Crude held gains after a drone attack on oil and gas facilities in Saudi Arabia underscored geopolitical risk in the Middle East and as investors assess signs of progress in trade negotiations with China. Futures on Monday were little changed after climbing 0.7% on Friday. Saudi Arabian Oil Co. said oil operations weren™t interrupted after a small fire was extinguished at a natural gas liquids plant at the at the Shaybah field. President Donald Trump said in a...

Tokyo Stocks Open Higher Following Wall St Climb

Tokyo stocks opened higher on Monday, tracking rallies on Wall Street with all eyes on key events this week including a major speech by the US Federal Reserve chief. The benchmark Nikkei 225 index was up 0.90 percent, or 182.81 points, at 20,601.62 in early trade, while the broader Topix index climbed 0.68 percent, or 10.17 points, to 1,495.46. Source : AFP

Hong Kong Stocks Rally At Open

Hong Kong stocks jumped more than one percent in the first few minutes of Monday's business, boosted by fresh hopes for trade talks between China and the United States. The Hang Seng Index climbed 1.01 percent, or 260.58 points, to 25,994.80 at the open. And the benchmark Shanghai Composite Index added 0.41 percent, or 11.70 points, to 2,835.52, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.10 percent, or 16.84 points, to 1,542.32. Source : AFP

Hong Kong Stocks Sharply Up At Break

Hong Kong shares ended Monday's morning session with strong gains following a healthy lead from Wall Street and fuelled by fresh hopes for China-US trade talks. The Hang Seng Index jumped 1.87 percent, or 482.01 points, to 26,216.23. Source : AFP

Gold prices crawl up as dollar pauses rally
Monday, 7 May 2018 09:02 WIB | PRECIOUS METALS |GOLDEMAS Spot EmasEmas berjangka

Gold prices edged up in early trade on Monday as the dollar took a breather after climbing to its highest level this year in the previous session.

Spot gold rose 0.2 percent to $1,316.62 per ounce at 0034 GMT.

U.S. gold futures for June delivery were up 0.2 percent at $1,317.20 per ounce.

The dollar index, which measures the greenback against a basket of six major currencies, was steady at 92.547 after hitting its best since December at 92.900 on Friday.

U.S. job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 percent as some out-of-work Americans left the labor force.            

Two Federal Reserve officials who are currently voting members of the U.S. central bank's rate-setting committee said on Friday they were keeping an open mind on the total number of interest rate rises needed this year.            

U.S. interest rate futures rose modestly on Friday, as traders still expect the Federal Reserve to raise key borrowing costs at its June 12-13 policy meeting in the wake of weaker-than-forecast growth in domestic payrolls and wages in April.            

Source: Reuters

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POPULAR NEWS
Gold Drops 2nd Day on Rising Stocks, Trade Comments

Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with China. Stocks in Asia gained along with U.S. futures Monday, while Treasury yieldscontinued to recover from multi-year lows reached last week, when an inversion in the yield curve sparked recession worries. Trump said the U.S. is œdoing very well with China, and talking! but suggested he wasn™t ready to sign a trade deal, hours...

Oil Holds Gains After Drone Attack Fails to Disrupt Saudi Output

Crude held gains after a drone attack on oil and gas facilities in Saudi Arabia underscored geopolitical risk in the Middle East and as investors assess signs of progress in trade negotiations with China. Futures on Monday were little changed after climbing 0.7% on Friday. Saudi Arabian Oil Co. said oil operations weren™t interrupted after a small fire was extinguished at a natural gas liquids plant at the at the Shaybah field. President Donald Trump said in a...

Tokyo Stocks Open Higher Following Wall St Climb

Tokyo stocks opened higher on Monday, tracking rallies on Wall Street with all eyes on key events this week including a major speech by the US Federal Reserve chief. The benchmark Nikkei 225 index was up 0.90 percent, or 182.81 points, at 20,601.62 in early trade, while the broader Topix index climbed 0.68 percent, or 10.17 points, to 1,495.46. Source : AFP

Hong Kong Stocks Rally At Open

Hong Kong stocks jumped more than one percent in the first few minutes of Monday's business, boosted by fresh hopes for trade talks between China and the United States. The Hang Seng Index climbed 1.01 percent, or 260.58 points, to 25,994.80 at the open. And the benchmark Shanghai Composite Index added 0.41 percent, or 11.70 points, to 2,835.52, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.10 percent, or 16.84 points, to 1,542.32. Source : AFP

Hong Kong Stocks Sharply Up At Break

Hong Kong shares ended Monday's morning session with strong gains following a healthy lead from Wall Street and fuelled by fresh hopes for China-US trade talks. The Hang Seng Index jumped 1.87 percent, or 482.01 points, to 26,216.23. Source : AFP

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