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POPULAR NEWS
Gold futures end higher for the session, barely changed for the week

Gold futures settled higher on Friday, but barely budged for the week. "Gold has struggled to shine this week as positive economic data from the United States and China cooled concerns over the global economy," said Lukman Otunuga, senior research analyst at FXTM. "Appetite towards the metal was also bruised by the 'phase one' [U.S.-China] deal, which offered some light at the end of the long trade war tunnel. With stock markets hitting record highs and the dollar stabilizing, gold is...

S&P 500, Dow close at new records, notch best weekly gains since August

U.S. stocks closed at all-time highs Friday, marking the third-straight record close for the Dow and S&P 500, as investors cheered bullish economic data and continued to ride a wave of trade optimism. The Dow Jones Industrial Average rose 50 points, or 0.2%, to about 29,348, the S&P 500 index gained roughly 13 points, or 0.4% to close at 3,330 and the Nasdaq Composite index advanced 32 points, or 0.2% to end the session at roughly 9,389. All three benchmarks set new intraday and...

Hong Kong Stocks End Week with Gains (REview)

Hong Kong stocks finished Friday on a positive note, with investors retaining optimism over the outlook following this week's signing of the China-US trade pact that eased tensions between the economic superpowers. The Hang Seng index added 0.60 percent, or 173.38 points, to close at 29,056.42. The benchmark Shanghai Composite Index rose 0.05 percent, or 1.41 points, to 3,075.50 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.29 percent, or 5.29...

Oil posts second straight week of declines as global demand concerns weigh

Oil prices steadied on Friday as sluggish economic growth in China, the world's biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal. Brent crude futures gained 25 cents to trade at $64.87 per barrel. U.S. West Texas Intermediate crude futures gained 2 cents to settle at $58.54. For the week, Brent fell 0.2%, while WTI lost 0.8%. China's economy, the world™s second-largest, grew by 6.1% in 2019, its slowest expansion in...

Gold Prices Near Flat; Fed Meeting, Trade News Eyed
Monday, 9 December 2019 13:45 WIB | PRECIOUS METALS |EMASGOLD

Gold prices stayed near flat on Monday in Asia as traders awaited the U.S. Federal Reserve meeting later this week and updates on the Sino-U.S. trade developments.

U.S. Gold Futures were little changed at $1,464.85 by 1:10 AM ET (05:10 GMT).

The yellow metal suffered a steep drop on Friday following a better-than-expected U.S. nonfarm payrolls report, which sent the U.S. dollar and stocks higher.U.S. Labor Department data showed that employers added 266,000 jobs in November - the most since 312,000 in January.

On the Sino-U.S. trade front, markets are waiting to see what happens as the Dec. 15 deadline for more tariffs on Chinese goods approach.

Source : Investing.com

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POPULAR NEWS
Gold futures end higher for the session, barely changed for the week

Gold futures settled higher on Friday, but barely budged for the week. "Gold has struggled to shine this week as positive economic data from the United States and China cooled concerns over the global economy," said Lukman Otunuga, senior research analyst at FXTM. "Appetite towards the metal was also bruised by the 'phase one' [U.S.-China] deal, which offered some light at the end of the long trade war tunnel. With stock markets hitting record highs and the dollar stabilizing, gold is...

S&P 500, Dow close at new records, notch best weekly gains since August

U.S. stocks closed at all-time highs Friday, marking the third-straight record close for the Dow and S&P 500, as investors cheered bullish economic data and continued to ride a wave of trade optimism. The Dow Jones Industrial Average rose 50 points, or 0.2%, to about 29,348, the S&P 500 index gained roughly 13 points, or 0.4% to close at 3,330 and the Nasdaq Composite index advanced 32 points, or 0.2% to end the session at roughly 9,389. All three benchmarks set new intraday and...

Hong Kong Stocks End Week with Gains (REview)

Hong Kong stocks finished Friday on a positive note, with investors retaining optimism over the outlook following this week's signing of the China-US trade pact that eased tensions between the economic superpowers. The Hang Seng index added 0.60 percent, or 173.38 points, to close at 29,056.42. The benchmark Shanghai Composite Index rose 0.05 percent, or 1.41 points, to 3,075.50 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.29 percent, or 5.29...

Oil posts second straight week of declines as global demand concerns weigh

Oil prices steadied on Friday as sluggish economic growth in China, the world's biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal. Brent crude futures gained 25 cents to trade at $64.87 per barrel. U.S. West Texas Intermediate crude futures gained 2 cents to settle at $58.54. For the week, Brent fell 0.2%, while WTI lost 0.8%. China's economy, the world™s second-largest, grew by 6.1% in 2019, its slowest expansion in...

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