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POPULAR NEWS
Dollar Clings to Gains as Gulf Tensions Bolster Safe-Haven Bid

The dollar held recent gains on Monday as investors tempered some of their expectations for deep U.S. interest rate cuts this month and heightened Middle East tensions supported safe-haven assets. While currency market focus will mostly center on global central bank decisions scheduled for the next two weeks, investors are also watching for any developments in U.S.-China trade negotiations. Markets generally expect central banks to either cut rates or keep policy accommodative, starting with...

Tokyo Stocks Open Lower

Tokyo stocks opened lower on Monday as Japan's ruling bloc retained its majority in the upper house election as widely expected, with focus now shifting to corporate earnings this week. The benchmark Nikkei 225 index was down 0.62 percent or 132.64 points at 21,336.54 in early trade, while the broader Topix index was down 0.59 percent or 9.31 points, at 1,558.10. Source: AFP

Hong Kong Stocks Start on Negative Note

Hong Kong stocks opened lower Monday morning following a negative lead from Wall Street on fading hopes for a deep Federal Reserve interest rate cut. The Hang Seng Index eased 0.53 percent, or 153.12 points, to 28,612.28. But the benchmark Shanghai Composite Index edged up 0.05 percent, or 1.59 points, to 2,925.79 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.14 percent, or 2.26 points, to 1,562.53. Source : AFP

Asia Stocks Dip on Likely Smaller Fed Rate Cut, Oil Gains

Asia stocks eased on Monday as investors reduced expectations of an aggressive interest rate cut by the Federal Reserve, while heightened Middle East tensions following an Iranian seizure of a British tanker lifted crude oil prices. MSCI™s broadest index of Asia-Pacific shares outside Japan was down 0.1%. South Korea's shed 0.3%, Australian stocks lost 0.2% and Japan's Nikkei fell 0.5%. Global equity markets had risen briefly towards the end of last week after dovish comments by New York...

Nikkei Dips on Fed, Earnings Caution; Asahi Falls After AB InBev Deal

Japanese shares dipped on Monday on diminishing hopes of a large rate cut by the U.S. Federal Reserve and as investors took a cautious stance ahead of a Japanese earnings seasons that starts this week. The Nikkei share average fell 0.28% to 21,407.31 while the broader Topix dropped 0.35% to 1,558.49, with growth shares underperforming with fall of 0.5%. On Friday, U.S. stocks fell following a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point at...

Gold edges lower as investors shake off trade worries
Tuesday, 11 June 2019 19:19 WIB | PRECIOUS METALS |GOLDEMAS

Gold edged lower for a second day Tuesday as investors shook off trade worries, with appetite for riskier assets boosted by additional efforts by China to stoke its economy.

Gold for June delivery on Comex fell $3.60, or 0.3%, to $1,321.10 an ounce, while July silver edged up $1.10, or 0.1%, to $14.65 an ounce.

The weaker tone comes as global equities staged gains after Chinese authorities said they would back special-purpose bond issuances by local governments as part of an effort to bolster economic growth. China' government will step up efforts to accelerate financing of major projects through such bond issuance, which are used largely for infrastructure investment, the People's Bank of China said in a statement, according to The Wall Street Journal (paywall).

Source : Marketwatch

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POPULAR NEWS
Dollar Clings to Gains as Gulf Tensions Bolster Safe-Haven Bid

The dollar held recent gains on Monday as investors tempered some of their expectations for deep U.S. interest rate cuts this month and heightened Middle East tensions supported safe-haven assets. While currency market focus will mostly center on global central bank decisions scheduled for the next two weeks, investors are also watching for any developments in U.S.-China trade negotiations. Markets generally expect central banks to either cut rates or keep policy accommodative, starting with...

Tokyo Stocks Open Lower

Tokyo stocks opened lower on Monday as Japan's ruling bloc retained its majority in the upper house election as widely expected, with focus now shifting to corporate earnings this week. The benchmark Nikkei 225 index was down 0.62 percent or 132.64 points at 21,336.54 in early trade, while the broader Topix index was down 0.59 percent or 9.31 points, at 1,558.10. Source: AFP

Hong Kong Stocks Start on Negative Note

Hong Kong stocks opened lower Monday morning following a negative lead from Wall Street on fading hopes for a deep Federal Reserve interest rate cut. The Hang Seng Index eased 0.53 percent, or 153.12 points, to 28,612.28. But the benchmark Shanghai Composite Index edged up 0.05 percent, or 1.59 points, to 2,925.79 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.14 percent, or 2.26 points, to 1,562.53. Source : AFP

Asia Stocks Dip on Likely Smaller Fed Rate Cut, Oil Gains

Asia stocks eased on Monday as investors reduced expectations of an aggressive interest rate cut by the Federal Reserve, while heightened Middle East tensions following an Iranian seizure of a British tanker lifted crude oil prices. MSCI™s broadest index of Asia-Pacific shares outside Japan was down 0.1%. South Korea's shed 0.3%, Australian stocks lost 0.2% and Japan's Nikkei fell 0.5%. Global equity markets had risen briefly towards the end of last week after dovish comments by New York...

Nikkei Dips on Fed, Earnings Caution; Asahi Falls After AB InBev Deal

Japanese shares dipped on Monday on diminishing hopes of a large rate cut by the U.S. Federal Reserve and as investors took a cautious stance ahead of a Japanese earnings seasons that starts this week. The Nikkei share average fell 0.28% to 21,407.31 while the broader Topix dropped 0.35% to 1,558.49, with growth shares underperforming with fall of 0.5%. On Friday, U.S. stocks fell following a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point at...

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