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POPULAR NEWS
Wall Street Ends Sharply Higher On German Stimulus Optimism

U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to the equities market, closing the book on a tumultuous week. While all three major U.S. stock averages ended the session higher, they still logged their third consecutive weekly losses, having been rattled since Monday by growing U.S.-China trade animosity, simmering geopolitical tensions and signals from the bond market that sparked fears of impending...

Gold Rebounds After Plunge as Trade Woes Clip Equities
Monday, 18 June 2018 21:21 WIB | PRECIOUS METALS |GOLDEMASBullionEmas berjangka

Gold futures rebound after slumping on Friday by the most in 18 months as deepening trade tension between the U.S. and China sent global equities tumbling for a fourth straight session.

Bullion for delivery in Aug. added 0.3% to $1,282.60/oz at 10:10 am on Comex in N.Y. On Friday, prices slumped as much as 2.3% to lowest this year; futures posted biggest loss since Dec. 2016.

Bloomberg Dollar Spot Index little changed, after rose 1.4% last week as Federal Reserve says it will gradually hike rates while ECB rules outincreased until 2H of 2019.

In other precious metals, silver futures also rose on Comex. Palladium and platinum futures gained on N.Y. Mercantile Exchange.

Source: Bloomberg

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POPULAR NEWS
Wall Street Ends Sharply Higher On German Stimulus Optimism

U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to the equities market, closing the book on a tumultuous week. While all three major U.S. stock averages ended the session higher, they still logged their third consecutive weekly losses, having been rattled since Monday by growing U.S.-China trade animosity, simmering geopolitical tensions and signals from the bond market that sparked fears of impending...

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