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POPULAR NEWS
Tokyo stocks open higher on Monday

Tokyo stocks opened higher on Monday, with investors putting trade worries on the back burner after data showed Japan's economy grew in the first quarter, defying expectations. The benchmark Nikkei 225 index rose 0.74 percent or 157.15 points to 21,407.24 in early trade while the broader Topix index was up 0.52 percent ot 8.04 points at 1,562.29. Sumber : AFP

Oil Jumps as OPEC Signals Continued Cuts and U.S. Threatens Iran

Oil started the week strong after Saudi Arabia and other OPEC+ members signaled intentions to keep supplies constrained for the rest of the year, while U.S. tensions with Iran ratcheted up as President Donald Trumpthreatened the country in a tweet. Futures in New York rose as much as 1.3%, following a 1.8% gain last week. Saudi energy minister Khalid Al-Falih urged members of the alliance meeting in Jeddah to œstay the course on output cuts. Meanwhile, just weeks...

Gold Holds Weekly Drop as Dollar Steadies Amid Trade

Gold held a weekly loss as the dollar steadied and markets remained fragile after the escalation in the U.S.-China trade war. The U.S. will release data this week from home sales to manufacturing and may offer some clues on the robustness of the economic expansion. The Federal Reserve will also publish minutes from the latest policy meeting. Spot gold -0.1% at $1,276.73/oz at 10:40am in Singapore, after dropping 0.7% last week. Bloomberg Dollar Spot Index steady, after...

Trump: Fighting the US Will Be 'Official End of Iran'

President Donald Trump has given a strong warning to Iran, threatening its destruction if it attacks the United States or U.S. interests. "If Iran wants to fight, that will be the official end of Iran," Trump tweeted Sunday. "Never threaten the United States again!" Just three days earlier, Trump appeared to be backing away from his apparently hawkish stance against Iran, saying he would be willing to talk with Tehran. When asked by a reporter at the White House if the U.S. was going to war...

EUR/USD stays under pressure, approaches 1.1150

The sentiment around the European currency remains depressed at the beginning of the week and is pushing EUR/USD to the mid-1.1100s following the opening bell in the Old Continent. EUR/USD looks to trade, data Spot is losing ground uninterruptedly since last Monday amidst rising effervescence in the US-China trade universe, declining yields in the European money markets and a generalized risk-off mood. In fact, the pair has accelerated its recent break below the critical support at 1.1200...

Gold Gets Ignored as Global Equity Rout Fails to Fire Up Havens
Thursday, 11 October 2018 16:36 WIB | PRECIOUS METALS |GOLDEMAS Spot EmasEmas berjangka

Equities are plummeting, President Donald Trump says the Federal Reserve's gone 'loco' and the trade war's heating up, yet traditional havens in times of trouble such as gold are not getting any love.

The biggest selloff in equities since February rolled through Asia and into Europe on Thursday, triggering steep losses in benchmark share indexes, but gold has barely stirred, while other havens from U.S. Treasuries to the Japanese yen and the Swiss franc showed only limited fluctuations.

Trump said in a telephone interview on Fox News late Wednesday night the market plunge wasn't because of his trade conflict with China: 'That wasn't it. The problem I have is with the Fed,' he said. 'The Fed is going wild. They™re raising interest rates and it™s ridiculous.'

Spot gold eked out a 0.3 percent gain to $1,198.83 by 10 a.m. in London, after rising 0.4 percent a day earlier when shares first tanked. The yields on 10-year Treasuries were little changed, while the Japanese yen and Swiss franc held mostly steady against the dollar.

Bullion has dropped about 8 percent this year, and in September capped a sixth month of declines, the worst run since 1997. The retreat has been driven by a rising dollar, Fed rate hikes, and a sell-off in holdings in exchange-traded funds. While global trade tensions haven™t provided a boost, prices have steadied at about $1,200 in the past two months.

Source: Bloomberg

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POPULAR NEWS
Tokyo stocks open higher on Monday

Tokyo stocks opened higher on Monday, with investors putting trade worries on the back burner after data showed Japan's economy grew in the first quarter, defying expectations. The benchmark Nikkei 225 index rose 0.74 percent or 157.15 points to 21,407.24 in early trade while the broader Topix index was up 0.52 percent ot 8.04 points at 1,562.29. Sumber : AFP

Oil Jumps as OPEC Signals Continued Cuts and U.S. Threatens Iran

Oil started the week strong after Saudi Arabia and other OPEC+ members signaled intentions to keep supplies constrained for the rest of the year, while U.S. tensions with Iran ratcheted up as President Donald Trumpthreatened the country in a tweet. Futures in New York rose as much as 1.3%, following a 1.8% gain last week. Saudi energy minister Khalid Al-Falih urged members of the alliance meeting in Jeddah to œstay the course on output cuts. Meanwhile, just weeks...

Gold Holds Weekly Drop as Dollar Steadies Amid Trade

Gold held a weekly loss as the dollar steadied and markets remained fragile after the escalation in the U.S.-China trade war. The U.S. will release data this week from home sales to manufacturing and may offer some clues on the robustness of the economic expansion. The Federal Reserve will also publish minutes from the latest policy meeting. Spot gold -0.1% at $1,276.73/oz at 10:40am in Singapore, after dropping 0.7% last week. Bloomberg Dollar Spot Index steady, after...

Trump: Fighting the US Will Be 'Official End of Iran'

President Donald Trump has given a strong warning to Iran, threatening its destruction if it attacks the United States or U.S. interests. "If Iran wants to fight, that will be the official end of Iran," Trump tweeted Sunday. "Never threaten the United States again!" Just three days earlier, Trump appeared to be backing away from his apparently hawkish stance against Iran, saying he would be willing to talk with Tehran. When asked by a reporter at the White House if the U.S. was going to war...

EUR/USD stays under pressure, approaches 1.1150

The sentiment around the European currency remains depressed at the beginning of the week and is pushing EUR/USD to the mid-1.1100s following the opening bell in the Old Continent. EUR/USD looks to trade, data Spot is losing ground uninterruptedly since last Monday amidst rising effervescence in the US-China trade universe, declining yields in the European money markets and a generalized risk-off mood. In fact, the pair has accelerated its recent break below the critical support at 1.1200...

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