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POPULAR NEWS
China stocks rally to a near 13-month closing high

Chinese shares rallied on Friday afternoon in thin volumes from earlier profit-taking to end the day at a near 13-month closing high, with signs of an economic recovery in China contributing to a recent surge. At the close, the Shanghai Composite index was up 0.63 percent at 3,270.80, erasing earlier losses. It was the strongest close for the index since March 21, 2018. The blue-chip CSI300 index was up 1.19 percent at 4,120.61 points, its highest close since March 12, 2018. Trading...

Tokyo Shares End Higher as Nintendo Soars on China Report

Tokyo stocks closed higher Friday following healthy gains on Wall Street, with Nintendo jumping more than 14 percent following reports its games and popular Switch console will soon be available in China. The benchmark Nikkei 225 index added 0.50 percent or 110.44 points at 22,200.56, while the broader Topix index climbed 0.12 percent or 1.96 points to 1,616.93. Source : AFP

Tokyo Shares Open Higher After Wall Street Gains

Tokyo stocks opened higher on Friday following healthy gains on Wall Street, while the forex market remained stable. The benchmark Nikkei 225 index was up 0.67 percent or 147.95 points at 22,238.07 in early trade, while the broader Topix index climbed 0.40 percent or 6.38 points to 1,621.35. Source : AFP

Nikkei buoyed by cyclical stocks; Nintendo jumps 16 pct

Japan's Nikkei rose on Friday morning as Wall Street gains raised risk appetite and lifted cyclical stocks, while Nintendo jumped after Tencent won approval to sell its Switch console in China. The Nikkei share average advanced 0.6 percent to 22,223.41 at the midday break. For the week, the index has risen 1.6 percent, poised for a third week of gain. Shares of Nintendo Co soared after China's Tencent won a key approval to begin selling Nintendo™s Switch console in China, the world™s...

USD/JPY frozen near 111.90 ahead of US housing data

The USDJPY pair extends its side-tend into the European session, wavering back and forth in a 10-pips extremely narrow range just below the 112 handle. A tug of war between the bulls and bears continue tor the sixth straight session, despite some volatility witnessed on Thursday after the Yen hit fresh weekly tops at 111.76 against its American peer following the disappointing German and Eurozone PMIs induced broad risk-aversion. The spot pulled back sharply from the weekly trough and...

Gold Set for Longest Run of Weekly Gains Since January
Friday, 19 October 2018 15:59 WIB | PRECIOUS METALS |GOLDEMASBullion

Gold is heading for a third straight week of gains, the longest stretch since January, amid renewed interest in the precious metal as a safe haven.

Volatility in equity markets and tensions in the Middle East have spurred demand for bullion, with holdings in exchange-traded funds backed by the metal expanding to the highest level in more six weeks. Concerns about the economy were further fueled by a JPMorgan Chase model indicating that the chance of the U.S. tipping into a recession in the next two years is now greater than 60 percent.

Bullion for immediately delivery little changed at $1,226.38/oz at 9:41am in London; +0.8% this week.

Source : Bloomberg

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POPULAR NEWS
China stocks rally to a near 13-month closing high

Chinese shares rallied on Friday afternoon in thin volumes from earlier profit-taking to end the day at a near 13-month closing high, with signs of an economic recovery in China contributing to a recent surge. At the close, the Shanghai Composite index was up 0.63 percent at 3,270.80, erasing earlier losses. It was the strongest close for the index since March 21, 2018. The blue-chip CSI300 index was up 1.19 percent at 4,120.61 points, its highest close since March 12, 2018. Trading...

Tokyo Shares End Higher as Nintendo Soars on China Report

Tokyo stocks closed higher Friday following healthy gains on Wall Street, with Nintendo jumping more than 14 percent following reports its games and popular Switch console will soon be available in China. The benchmark Nikkei 225 index added 0.50 percent or 110.44 points at 22,200.56, while the broader Topix index climbed 0.12 percent or 1.96 points to 1,616.93. Source : AFP

Tokyo Shares Open Higher After Wall Street Gains

Tokyo stocks opened higher on Friday following healthy gains on Wall Street, while the forex market remained stable. The benchmark Nikkei 225 index was up 0.67 percent or 147.95 points at 22,238.07 in early trade, while the broader Topix index climbed 0.40 percent or 6.38 points to 1,621.35. Source : AFP

Nikkei buoyed by cyclical stocks; Nintendo jumps 16 pct

Japan's Nikkei rose on Friday morning as Wall Street gains raised risk appetite and lifted cyclical stocks, while Nintendo jumped after Tencent won approval to sell its Switch console in China. The Nikkei share average advanced 0.6 percent to 22,223.41 at the midday break. For the week, the index has risen 1.6 percent, poised for a third week of gain. Shares of Nintendo Co soared after China's Tencent won a key approval to begin selling Nintendo™s Switch console in China, the world™s...

USD/JPY frozen near 111.90 ahead of US housing data

The USDJPY pair extends its side-tend into the European session, wavering back and forth in a 10-pips extremely narrow range just below the 112 handle. A tug of war between the bulls and bears continue tor the sixth straight session, despite some volatility witnessed on Thursday after the Yen hit fresh weekly tops at 111.76 against its American peer following the disappointing German and Eurozone PMIs induced broad risk-aversion. The spot pulled back sharply from the weekly trough and...

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