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POPULAR NEWS
Tokyo stocks open higher on Monday

Tokyo stocks opened higher on Monday, with investors putting trade worries on the back burner after data showed Japan's economy grew in the first quarter, defying expectations. The benchmark Nikkei 225 index rose 0.74 percent or 157.15 points to 21,407.24 in early trade while the broader Topix index was up 0.52 percent ot 8.04 points at 1,562.29. Sumber : AFP

Oil Jumps as OPEC Signals Continued Cuts and U.S. Threatens Iran

Oil started the week strong after Saudi Arabia and other OPEC+ members signaled intentions to keep supplies constrained for the rest of the year, while U.S. tensions with Iran ratcheted up as President Donald Trumpthreatened the country in a tweet. Futures in New York rose as much as 1.3%, following a 1.8% gain last week. Saudi energy minister Khalid Al-Falih urged members of the alliance meeting in Jeddah to œstay the course on output cuts. Meanwhile, just weeks...

Gold Holds Weekly Drop as Dollar Steadies Amid Trade

Gold held a weekly loss as the dollar steadied and markets remained fragile after the escalation in the U.S.-China trade war. The U.S. will release data this week from home sales to manufacturing and may offer some clues on the robustness of the economic expansion. The Federal Reserve will also publish minutes from the latest policy meeting. Spot gold -0.1% at $1,276.73/oz at 10:40am in Singapore, after dropping 0.7% last week. Bloomberg Dollar Spot Index steady, after...

Trump: Fighting the US Will Be 'Official End of Iran'

President Donald Trump has given a strong warning to Iran, threatening its destruction if it attacks the United States or U.S. interests. "If Iran wants to fight, that will be the official end of Iran," Trump tweeted Sunday. "Never threaten the United States again!" Just three days earlier, Trump appeared to be backing away from his apparently hawkish stance against Iran, saying he would be willing to talk with Tehran. When asked by a reporter at the White House if the U.S. was going to war...

EUR/USD stays under pressure, approaches 1.1150

The sentiment around the European currency remains depressed at the beginning of the week and is pushing EUR/USD to the mid-1.1100s following the opening bell in the Old Continent. EUR/USD looks to trade, data Spot is losing ground uninterruptedly since last Monday amidst rising effervescence in the US-China trade universe, declining yields in the European money markets and a generalized risk-off mood. In fact, the pair has accelerated its recent break below the critical support at 1.1200...

Oil Set for Weekly Gain as OPEC+ Meets to Discuss Extending Cuts
Friday, 15 March 2019 19:06 WIB | ENERGY |Minyak WTIbrent oilOil,Crude Oil

Oil headed for a second weekly gain as the world™s top crude producers are scheduled to discuss extending their pledged output curbs to avert a global glut.

Futures in New York traded near a four-month high, on course for a 4.4 percent weekly advance. OPEC™s secretariat urged producers to continue efforts to prevent a surplus this year, ahead of a weekend gathering of the cartel and its allies. A surprise drop in U.S. crude inventories reported on Wednesday added to signs of a tightening market.

West Texas Intermediate for April delivery climbed as much as 34 cents to $58.95 a barrel on the New York Mercantile Exchange, and traded little changed at $58.57 as of 10:36 a.m. London time. The contract rose 35 cents to $58.61 on Thursday, the highest since Nov. 12.

Brent for May settlement slipped 16 cents to $67.07 a barrel on the London-based ICE Futures Europe exchange. The contract is up 2 percent this week, after closing 32 cents down at $67.23 on Thursday. The global benchmark crude traded at an $8.21 premium to WTI for the same month.

Source : Bloomberg

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POPULAR NEWS
Tokyo stocks open higher on Monday

Tokyo stocks opened higher on Monday, with investors putting trade worries on the back burner after data showed Japan's economy grew in the first quarter, defying expectations. The benchmark Nikkei 225 index rose 0.74 percent or 157.15 points to 21,407.24 in early trade while the broader Topix index was up 0.52 percent ot 8.04 points at 1,562.29. Sumber : AFP

Oil Jumps as OPEC Signals Continued Cuts and U.S. Threatens Iran

Oil started the week strong after Saudi Arabia and other OPEC+ members signaled intentions to keep supplies constrained for the rest of the year, while U.S. tensions with Iran ratcheted up as President Donald Trumpthreatened the country in a tweet. Futures in New York rose as much as 1.3%, following a 1.8% gain last week. Saudi energy minister Khalid Al-Falih urged members of the alliance meeting in Jeddah to œstay the course on output cuts. Meanwhile, just weeks...

Gold Holds Weekly Drop as Dollar Steadies Amid Trade

Gold held a weekly loss as the dollar steadied and markets remained fragile after the escalation in the U.S.-China trade war. The U.S. will release data this week from home sales to manufacturing and may offer some clues on the robustness of the economic expansion. The Federal Reserve will also publish minutes from the latest policy meeting. Spot gold -0.1% at $1,276.73/oz at 10:40am in Singapore, after dropping 0.7% last week. Bloomberg Dollar Spot Index steady, after...

Trump: Fighting the US Will Be 'Official End of Iran'

President Donald Trump has given a strong warning to Iran, threatening its destruction if it attacks the United States or U.S. interests. "If Iran wants to fight, that will be the official end of Iran," Trump tweeted Sunday. "Never threaten the United States again!" Just three days earlier, Trump appeared to be backing away from his apparently hawkish stance against Iran, saying he would be willing to talk with Tehran. When asked by a reporter at the White House if the U.S. was going to war...

EUR/USD stays under pressure, approaches 1.1150

The sentiment around the European currency remains depressed at the beginning of the week and is pushing EUR/USD to the mid-1.1100s following the opening bell in the Old Continent. EUR/USD looks to trade, data Spot is losing ground uninterruptedly since last Monday amidst rising effervescence in the US-China trade universe, declining yields in the European money markets and a generalized risk-off mood. In fact, the pair has accelerated its recent break below the critical support at 1.1200...

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