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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...

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...

China Stocks Near Three-Month Low as Huawei Ban Adds to Nerves

China™s stocks traded near their lowest since February before bouncing back, showing the growing uncertainty over whether the country™s $1.2 trillion rout is over. The Shanghai Composite Index slipped 0.4% at 11:10 a.m. local time, after earlier losing as much as 1.5%. The gauge is now among the world™s worst performing national benchmarks this quarter, after beating every other market earlier in the year. Volume on the index was about 20% lower than the 30-day average at this time of...

Australian dollar gains after election surprise, yen slips

The Australian dollar got a boost against the greenback on Monday following a surprise election victory by the country's conservative government, while the yen dipped slightly on a recovery in market sentiment. The dollar index against a basket of six currencies was largely steady at 97.970, having booked its biggest weekly rise since early March last week. The Aussie was the big mover early in Asia and was last up half a percent at $0.6904, having bounced from a four-month trough of...

Gold Traded Near Lowest Level This Year on Growth Optimism
Wednesday, 17 April 2019 14:39 WIB | PRECIOUS METALS |GOLDEMAS

Gold traded near the lowest level this year as world equities held near a six-month high on renewed optimism about global growth after China™s economy unexpectedly held up in the first quarter.

China™s first-quarter GDP figures out Wednesday exceeded economist estimates and March retail sales and industrial production were also better-than-expected. That™s easing concerns about a slowdown that had rattled investors.

A bearish technical indicator is also weighing on gold. The metal broke below its 100-day moving average on Monday, pointing to further weakness.

Spot gold +0.2% to $1,279.46/oz at 7:15am in London after dropping to $1,273.02 on Tuesday, lowest intraday level since Dec. 27.

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...

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...

China Stocks Near Three-Month Low as Huawei Ban Adds to Nerves

China™s stocks traded near their lowest since February before bouncing back, showing the growing uncertainty over whether the country™s $1.2 trillion rout is over. The Shanghai Composite Index slipped 0.4% at 11:10 a.m. local time, after earlier losing as much as 1.5%. The gauge is now among the world™s worst performing national benchmarks this quarter, after beating every other market earlier in the year. Volume on the index was about 20% lower than the 30-day average at this time of...

Australian dollar gains after election surprise, yen slips

The Australian dollar got a boost against the greenback on Monday following a surprise election victory by the country's conservative government, while the yen dipped slightly on a recovery in market sentiment. The dollar index against a basket of six currencies was largely steady at 97.970, having booked its biggest weekly rise since early March last week. The Aussie was the big mover early in Asia and was last up half a percent at $0.6904, having bounced from a four-month trough of...

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