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POPULAR NEWS
Gold Jumps on Reports of Sino-U.S. Trade-Talk Progress, Set For Slight Weekly Gain

Gold futures on Friday climbed firmly, as progress in trade talks in the final day of this week™s round of U.S.-China trade negotiations were seen as bullish for the yellow metal, overshadowing a firmer dollar and a pick up in global equity markets. April gold gained $7.80, or 0.6%, to reach $1,321.70 an ounce, after edging less than 0.1% lower in the session before. Friday™s early gains erased a loss for the 5-day stretch, putting bullion on track to log a 0.2% weekly return, based on...

Gold Holds February Range Awaiting Fresh Catalysts

Gold edged higher to head for a weekly gain, but remains within its narrow range so far this month as investors await fresh developments in U.S.-China trade talks. Spot gold +0.3% at $1,317.03/oz at 10:37am in London. +0.2% this week, the smallest weekly change since November. Metal has traded between $1,302.48/oz and $1,323.56 this month. Treasury Secretary Steven Mnuchin sounded a positive note on Friday as U.S.-China trade talks drew to a close in Beijing, as both sides tried to reach a...

Gold Futures Climb For The Session to Post a Gain For The Week

Gold futures finished at a two-week high on Friday to post a modest gain for the week as progress in trade talks between the U.S. and China was seen as bullish for the metal. China is one of the world's biggest buyers of gold. April gold settled at $1,322.10 an ounce, up $8.20, or 0.6% for the session. For the week, prices based on the most-active contract rose 0.3%. Source : Marketwatch

Wall Street Rallies on Trade Hopes

Wall Street rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted trade war. The Dow Jones Industrial Average rose 444.04 points, or 1.75 percent, to 25,883.43, the S&P 500 gained 29.86 points, or 1.09 percent, to 2,775.59 and the Nasdaq Composite added 45.46 points, or 0.61 percent, to 7,472.41. Source : Reuters

U.S. Stock Futures Lower as Investors Fret Over Economy, Politics

U.S. stock futures fell Friday, pointing to a softer start for Wall Street as investors braced for economic data and fresh political tensions amid a report President Donald Trump may declare a national emergency to get funding for a border wall. As well, U.S.-China trade talks were wrapping up with the picture unclear over how much progress had been made. Dow Jones Industrial Average futures fell 122 points, or 0.5%, to 25,305, while S&P 500 futures  were down 11.9 points, or 0.4%...

Oil Extends Drop as Industry Data Shows U.S. Stockpiles Expand
Wednesday, 14 February 2018 07:18 WIB | ENERGY |Minyak WTIbrent oilOil,Crude Oil

Oil extended a decline as industry data showed that U.S. crude and gasoline inventories expanded, undermining an effort by OPEC and its allies to clear a global glut.

Futures in New York fell as much as 0.6 percent after losing 0.2 percent Tuesday. Nationwide crude stockpiles rose by 3.95 million barrels last week, while gasoline supplies expanded by 4.63 million barrels, the American Petroleum Institute was said to report. A Bloomberg survey ahead of government data scheduled to be released Wednesday shows stored oil supplies probably increased by 3.1 million barrels last week.

West Texas Intermediate for March delivery declined as much as 36 cents to $58.83 a barrel on the New York Mercantile Exchange, and traded at $58.97 at 8:51 a.m. Japan time. The contract fell 10 cents to settle at $59.19 on Tuesday. Total volume traded was about 75 percent below the 100-day average.

Brent for April settlement rose 13 cents on Tuesday to close at $62.72 on the London-based ICE Futures Europe exchange. The global benchmark ended the session at a $3.69 premium to April WTI.

Source : Bloomberg

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POPULAR NEWS
Gold Jumps on Reports of Sino-U.S. Trade-Talk Progress, Set For Slight Weekly Gain

Gold futures on Friday climbed firmly, as progress in trade talks in the final day of this week™s round of U.S.-China trade negotiations were seen as bullish for the yellow metal, overshadowing a firmer dollar and a pick up in global equity markets. April gold gained $7.80, or 0.6%, to reach $1,321.70 an ounce, after edging less than 0.1% lower in the session before. Friday™s early gains erased a loss for the 5-day stretch, putting bullion on track to log a 0.2% weekly return, based on...

Gold Holds February Range Awaiting Fresh Catalysts

Gold edged higher to head for a weekly gain, but remains within its narrow range so far this month as investors await fresh developments in U.S.-China trade talks. Spot gold +0.3% at $1,317.03/oz at 10:37am in London. +0.2% this week, the smallest weekly change since November. Metal has traded between $1,302.48/oz and $1,323.56 this month. Treasury Secretary Steven Mnuchin sounded a positive note on Friday as U.S.-China trade talks drew to a close in Beijing, as both sides tried to reach a...

Gold Futures Climb For The Session to Post a Gain For The Week

Gold futures finished at a two-week high on Friday to post a modest gain for the week as progress in trade talks between the U.S. and China was seen as bullish for the metal. China is one of the world's biggest buyers of gold. April gold settled at $1,322.10 an ounce, up $8.20, or 0.6% for the session. For the week, prices based on the most-active contract rose 0.3%. Source : Marketwatch

Wall Street Rallies on Trade Hopes

Wall Street rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted trade war. The Dow Jones Industrial Average rose 444.04 points, or 1.75 percent, to 25,883.43, the S&P 500 gained 29.86 points, or 1.09 percent, to 2,775.59 and the Nasdaq Composite added 45.46 points, or 0.61 percent, to 7,472.41. Source : Reuters

U.S. Stock Futures Lower as Investors Fret Over Economy, Politics

U.S. stock futures fell Friday, pointing to a softer start for Wall Street as investors braced for economic data and fresh political tensions amid a report President Donald Trump may declare a national emergency to get funding for a border wall. As well, U.S.-China trade talks were wrapping up with the picture unclear over how much progress had been made. Dow Jones Industrial Average futures fell 122 points, or 0.5%, to 25,305, while S&P 500 futures  were down 11.9 points, or 0.4%...

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