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POPULAR NEWS
Gold Ends Higher after U.S. Jobs Report, but Posts a Loss for The Week

Gold futures ended higher on Friday after a report on U.S. employment in March indicated that the damage from coronavirus related business shutdowns is already having a big impact on the labor market. For the week, however, prices posted a modest decline. "Gold's upside price bias has been restrained by the deflation scare running through financial markets, said Michael Kosares, founder of USAGOLD. June gold on Comex rose $8, or 0.5%, to settle at $1,645.70 an ounce. It tacked on 2.9% on...

Hong Kong Stocks Head Into Weekend With a Loss (Review)

Hong Kong shares finished Friday with losses, in line with an Asia-wide sell-off, after data showed a massive 6.7 million Americans last week applied for unemployment benefits as the coronavirus shatters the global economy. The Hang Seng Index fell 0.19 percent, or 43.95 points, to 23,236.11. The benchmark Shanghai Composite Index dropped 0.60 percent, or 16.65 points, to 2,763.99, and the Shenzhen Composite Index on China's second exchange fell 0.47 percent, or 7.98 points, to...

Global Coronavirus Death Toll Tops 50,000

The coronavirus pandemic has hit a grim milestone of 1 million confirmed cases. The count by Johns Hopkins University says more than one-fourth, or 236,000 of the cases, are in the United States. The worldwide death toll stands at 51,500. Italy reported the most fatalities with more than 13,000 and climbing daily. Around the globe, the impact of the coronavirus wreaked havoc on national and local governments trying to rush medical equipment to hospitals, along with workers who have been...

U.S. oil prices climb by nearly 32% for the week

Oil futures climbed on Friday, with U.S. prices tallying a weekly gain of almost 32%. Prices extended their Thursday rally on growing expectations that major oil producers will reach an agreement to significantly cut production levels as efforts to slow the spread of COVID-19 continues to hurt energy demand. May West Texas Intermediate oil rose $3.02, or 11.9%, to settle at $28.34 a barrel on the New York Mercantile Exchange. Prices for the front-month contract climbed about 31.8% for the...

Dow closes more than 350 points lower as job losses hit an 11 year high

U.S. stocks closed lower Friday as investors assessed the economic damage wrought by the coronavirus epidemic, after the Labor Department reported the U.S. economy lost more than 700,000 jobs in March, and that the unemployment rate rose to a near three-year high of 4.4%. The Dow Jones Industrial Average fell 358 points, or 1.5% to close near 21,055, the S&P 500 index fell 38 points, or 1.8% to close at roughly 2,489 and the Nasdaq Composite retreated 114 points, or 1.5% to finish at...

Oil Ends Lower on Signs of Fresh China Weakness; Natural-Gas Prices Jump 16%
Tuesday, 15 January 2019 03:56 WIB | ENERGY |Minyak WTIbrent oilOil,Crude Oil

Oil futures on Monday fell for a second straight session as global equity markets pulled back on further signs of weakness in China, the world™s second-largest economy.

Prices for natural gas, meanwhile, jumped by roughly 16% to a more than one-week high, as colder weather boosted demand for the heating fuel.

West Texas Intermediate crude for February delivery fell by $1.08, or 2.1%, to settle at $50.51 a barrel on Monday on the New York Mercantile Exchange. It had fallen Friday but nonetheless notched a weekly rise of about 7.6%, according to Dow Jones Market Data.

March Brent crude fell $1.49, or 2.5%, to $58.99 a barrel on ICE Futures Europe, after prices last week logged a weekly gain of 6%.

Source : Marketwatch

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POPULAR NEWS
Gold Ends Higher after U.S. Jobs Report, but Posts a Loss for The Week

Gold futures ended higher on Friday after a report on U.S. employment in March indicated that the damage from coronavirus related business shutdowns is already having a big impact on the labor market. For the week, however, prices posted a modest decline. "Gold's upside price bias has been restrained by the deflation scare running through financial markets, said Michael Kosares, founder of USAGOLD. June gold on Comex rose $8, or 0.5%, to settle at $1,645.70 an ounce. It tacked on 2.9% on...

Hong Kong Stocks Head Into Weekend With a Loss (Review)

Hong Kong shares finished Friday with losses, in line with an Asia-wide sell-off, after data showed a massive 6.7 million Americans last week applied for unemployment benefits as the coronavirus shatters the global economy. The Hang Seng Index fell 0.19 percent, or 43.95 points, to 23,236.11. The benchmark Shanghai Composite Index dropped 0.60 percent, or 16.65 points, to 2,763.99, and the Shenzhen Composite Index on China's second exchange fell 0.47 percent, or 7.98 points, to...

Global Coronavirus Death Toll Tops 50,000

The coronavirus pandemic has hit a grim milestone of 1 million confirmed cases. The count by Johns Hopkins University says more than one-fourth, or 236,000 of the cases, are in the United States. The worldwide death toll stands at 51,500. Italy reported the most fatalities with more than 13,000 and climbing daily. Around the globe, the impact of the coronavirus wreaked havoc on national and local governments trying to rush medical equipment to hospitals, along with workers who have been...

U.S. oil prices climb by nearly 32% for the week

Oil futures climbed on Friday, with U.S. prices tallying a weekly gain of almost 32%. Prices extended their Thursday rally on growing expectations that major oil producers will reach an agreement to significantly cut production levels as efforts to slow the spread of COVID-19 continues to hurt energy demand. May West Texas Intermediate oil rose $3.02, or 11.9%, to settle at $28.34 a barrel on the New York Mercantile Exchange. Prices for the front-month contract climbed about 31.8% for the...

Dow closes more than 350 points lower as job losses hit an 11 year high

U.S. stocks closed lower Friday as investors assessed the economic damage wrought by the coronavirus epidemic, after the Labor Department reported the U.S. economy lost more than 700,000 jobs in March, and that the unemployment rate rose to a near three-year high of 4.4%. The Dow Jones Industrial Average fell 358 points, or 1.5% to close near 21,055, the S&P 500 index fell 38 points, or 1.8% to close at roughly 2,489 and the Nasdaq Composite retreated 114 points, or 1.5% to finish at...

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