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POPULAR NEWS
Gold Trades Steady as Virus, Equities’ Advance Weighed

Spot gold was steady in Asian trading as investors weigh virus developments in the U.S amid expectations Asian equities will open higher on Monday. Asia stocks are set for a higher open on Monday as investors look to the start of earnings season for clues on how companies are faring in the pandemic. Spot gold +0.1% to $1,801.02 at 7:40 a.m. in Singapore. Spot silver gained for second day. Bloomberg Dollar Spot Index

Oil slips as traders eye supply cut easing at OPEC meeting

Oil slipped in early Asian trade on Monday as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts that have been propping up crude prices. Brent crude LCOc1 fell 27 cents to $42.97 a barrel by 0114 GMT while U.S. West Texas Intermediate crude CLc1 was at $40.27 a barrel, down 28 cents. Oil was little changed last week as a resurgence of coronavirus cases prompted several U.S. states to impose tighter travel restrictions that could dampen...

Asia Pacific stocks jump as investors shrug off rising coronavirus cases

Stocks in Asia traded higher on Monday morning as investors shrug off concerns over the rising number of coronavirus cases stateside. The Nikkei 225 in Japan rose 1.34% in early trade as shares of conglomerate Softbank Group and robot maker Fanuc jumped more than 2% each. The Topix index also advanced 1.44%. South Korea™s Kospi gained 0.6%. Meanwhile, Australia™s S&P/ASX 200 added 1.44% as shares of major banks such as Commonwealth Bank of Australia and Westpac surged more than 2%...

Hong Kong stocks rise at open

Hong Kong shares opened with gains Monday on fresh hopes for a coronavirus vaccine, while traders were also looking ahead to the start of the corporate earnings season. The Hang Seng Index rose 0.47 percent, or 121.39 points, to 25,848.80. The benchmark Shanghai Composite Index dipped 0.12 percent, or 3.94 points, to 3,379.39, while the Shenzhen Composite Index on China's second exchange added 0.35 percent, or 7.80 points, to 2,258.81. Sumber : AFP

Dollar starts week on back foot ahead of data, earnings

The U.S. dollar started the week with a soft tone on Monday as investors looked to looming economic data from around the world and U.S. corporate earnings to gauge whether the markets™ guarded optimism on the economic outlook is justified. The greenback ended its third week of losses on Friday as investors bought into risk-sensitive currencies on bets that the worst of the pandemic™s sweeping impact was over. The dollar index against a basket of currencies stood at 96.586 =USD, down...

Gold inches higher on U.S. stimulus talks; jobs data awaited
Thursday, 14 May 2020 09:20 WIB | PRECIOUS METALS | Spot EmasEMASGOLD

Gold rose slightly on Thursday as U.S. stimulus talks and Federal Reserve Chair Jerome Powell's downbeat economic assessments supported the safe-haven metal, while investors awaited U.S. initial jobless claims data due later in the day.

Spot gold climbed 0.1% to $1,716.66 per ounce by 00:37 GMT. U.S. gold futures rose 0.6% to $1,726.20.

Powell signalled bets that the U.S. central bank will pursue a negative interest-rate policy are off-base, but vowed to use its power as needed and called for additional fiscal spending to prop up the virus-hit economy.

Palladium rose 0.8% to $1,832.72 an ounce and platinum gained 0.2% to $758.35, while silver fell 0.6% to $15.55.

Source : Reuters

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POPULAR NEWS
Gold Trades Steady as Virus, Equities’ Advance Weighed

Spot gold was steady in Asian trading as investors weigh virus developments in the U.S amid expectations Asian equities will open higher on Monday. Asia stocks are set for a higher open on Monday as investors look to the start of earnings season for clues on how companies are faring in the pandemic. Spot gold +0.1% to $1,801.02 at 7:40 a.m. in Singapore. Spot silver gained for second day. Bloomberg Dollar Spot Index

Oil slips as traders eye supply cut easing at OPEC meeting

Oil slipped in early Asian trade on Monday as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts that have been propping up crude prices. Brent crude LCOc1 fell 27 cents to $42.97 a barrel by 0114 GMT while U.S. West Texas Intermediate crude CLc1 was at $40.27 a barrel, down 28 cents. Oil was little changed last week as a resurgence of coronavirus cases prompted several U.S. states to impose tighter travel restrictions that could dampen...

Asia Pacific stocks jump as investors shrug off rising coronavirus cases

Stocks in Asia traded higher on Monday morning as investors shrug off concerns over the rising number of coronavirus cases stateside. The Nikkei 225 in Japan rose 1.34% in early trade as shares of conglomerate Softbank Group and robot maker Fanuc jumped more than 2% each. The Topix index also advanced 1.44%. South Korea™s Kospi gained 0.6%. Meanwhile, Australia™s S&P/ASX 200 added 1.44% as shares of major banks such as Commonwealth Bank of Australia and Westpac surged more than 2%...

Hong Kong stocks rise at open

Hong Kong shares opened with gains Monday on fresh hopes for a coronavirus vaccine, while traders were also looking ahead to the start of the corporate earnings season. The Hang Seng Index rose 0.47 percent, or 121.39 points, to 25,848.80. The benchmark Shanghai Composite Index dipped 0.12 percent, or 3.94 points, to 3,379.39, while the Shenzhen Composite Index on China's second exchange added 0.35 percent, or 7.80 points, to 2,258.81. Sumber : AFP

Dollar starts week on back foot ahead of data, earnings

The U.S. dollar started the week with a soft tone on Monday as investors looked to looming economic data from around the world and U.S. corporate earnings to gauge whether the markets™ guarded optimism on the economic outlook is justified. The greenback ended its third week of losses on Friday as investors bought into risk-sensitive currencies on bets that the worst of the pandemic™s sweeping impact was over. The dollar index against a basket of currencies stood at 96.586 =USD, down...

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