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POPULAR NEWS
Gold lower and risks weekly loss, on upbeat U.S. economic data

Gold futures fell Friday, building on a loss for the week, on the back of a jump in U.S. consumer sentiment and a slightly firmer dollar. June gold on Comex was off $9.50, or 0.7%, at $1,276.70 an ounce. Prices were headed for the lowest most-active contract finish since May 2, according to FactSet data. Declines leave the metal headed for a roughly 0.8% loss for the week. Among other metals, July silver declined 14.4 cents, or 1%, to $14.395 an ounce. The silver market was looking at a...

Hong Kong, Shanghai Shares End Tough Week on a Low (review)

Hong Kong stocks dived on Friday, topping off another torrid week, as investors fret about rising trade tensions between China and the United States. The Hang Seng Index fell 1.16 percent, or 328.61 points, to 27,946.46. The benchmark Shanghai Composite Index tumbled 2.48 percent, or 73.41 points, to 2,882.30, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 3.26 percent, or 51.59 points, to 1,533.22. Source : AFP

Oil falls for the session, but gains for the week ahead of OPEC committee meeting

Oil futures finished lower Friday, with U.S. prices down for the first time in four sessions, but up for the week, as any potential demand worries tied to stock-market volatility were offset by supply concerns linked to Middle East tensions. The price moves come ahead of a meeting Sunday of the Joint Ministerial Monitoring Committee of members and nonmembers of the Organization of the Petroleum Exporting Countries in Jeddah, Saudi Arabia. The committee monitors compliance with the OPEC-led...

Trade Tensions Seen Tightening Job Market for Chinese Graduates

A record number of 8.34 million university graduates are set to enter the Chinese job market this summer amid escalating trade tensions between Washington and Beijing. Observers say that as China™s export-dependent economy braces for more hits from tariff hikes, which U.S. President Donald Trump recently imposed, the country™s job markets will be tighter for everyone including fresh graduates. And the impact of a job mismatch among college graduates has long weighed on their actual...

Stocks end lower as trade tensions continue, post weekly loss

Stocks ended lower Friday, with major benchmarks logging weekly losses, as worries remained over U.S.-China trade tensions. The S&P 500 fell 0.6% to end near 2,859, according to preliminary figures, while the Dow Jones Industrial Average shed around 99 points, or 0.4%, to finish near 25,763. The Nasdaq Composite fell 1% to close near 7,816. For the week, the S&P 500 lost 0.8%, while the Dow declined 0.7% and the Nasdaq fell 1.3%. Stocks sold off sharply on Monday as China announced...

Gold Drifts as Stocks Rise, Brexit Turmoil Continues
Wednesday, 16 January 2019 19:00 WIB | PRECIOUS METALS |GOLDEMASBullionEmas berjangka

Gold lacked a clear direction, holding the tight range that it™s been stuck in so far this year, as investors weighed the U.K.'s fallout over Brexit against global stock market gains.

Spot gold unchanged at $1,289.51/oz while Bloomberg Dollar Spot Index edged 0.1% up.

Bullion rallied in the final month of 2018 on stock market turmoil and speculation the Federal Reserve would pause in raising rates, but has struggled to sustain momentum in January. The metal hasn™t breached $1,300 since futures briefly traded above that key psychological level earlier this month.

Stocks in Europe gained along with U.S. futures as investors assessed prospects for policy makers to arrest a slowdown in global growth.  Gold benefited in December when stock markets tumbled when fears over slowing growth were at their peak. 

Source: Reuters

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POPULAR NEWS
Gold lower and risks weekly loss, on upbeat U.S. economic data

Gold futures fell Friday, building on a loss for the week, on the back of a jump in U.S. consumer sentiment and a slightly firmer dollar. June gold on Comex was off $9.50, or 0.7%, at $1,276.70 an ounce. Prices were headed for the lowest most-active contract finish since May 2, according to FactSet data. Declines leave the metal headed for a roughly 0.8% loss for the week. Among other metals, July silver declined 14.4 cents, or 1%, to $14.395 an ounce. The silver market was looking at a...

Hong Kong, Shanghai Shares End Tough Week on a Low (review)

Hong Kong stocks dived on Friday, topping off another torrid week, as investors fret about rising trade tensions between China and the United States. The Hang Seng Index fell 1.16 percent, or 328.61 points, to 27,946.46. The benchmark Shanghai Composite Index tumbled 2.48 percent, or 73.41 points, to 2,882.30, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 3.26 percent, or 51.59 points, to 1,533.22. Source : AFP

Oil falls for the session, but gains for the week ahead of OPEC committee meeting

Oil futures finished lower Friday, with U.S. prices down for the first time in four sessions, but up for the week, as any potential demand worries tied to stock-market volatility were offset by supply concerns linked to Middle East tensions. The price moves come ahead of a meeting Sunday of the Joint Ministerial Monitoring Committee of members and nonmembers of the Organization of the Petroleum Exporting Countries in Jeddah, Saudi Arabia. The committee monitors compliance with the OPEC-led...

Trade Tensions Seen Tightening Job Market for Chinese Graduates

A record number of 8.34 million university graduates are set to enter the Chinese job market this summer amid escalating trade tensions between Washington and Beijing. Observers say that as China™s export-dependent economy braces for more hits from tariff hikes, which U.S. President Donald Trump recently imposed, the country™s job markets will be tighter for everyone including fresh graduates. And the impact of a job mismatch among college graduates has long weighed on their actual...

Stocks end lower as trade tensions continue, post weekly loss

Stocks ended lower Friday, with major benchmarks logging weekly losses, as worries remained over U.S.-China trade tensions. The S&P 500 fell 0.6% to end near 2,859, according to preliminary figures, while the Dow Jones Industrial Average shed around 99 points, or 0.4%, to finish near 25,763. The Nasdaq Composite fell 1% to close near 7,816. For the week, the S&P 500 lost 0.8%, while the Dow declined 0.7% and the Nasdaq fell 1.3%. Stocks sold off sharply on Monday as China announced...

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