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POPULAR NEWS
Gold Flirts With $1,500 Again on New Trade War Worries

What™s bad for trade is good for gold. The yellow metal found favor again with haven investors on Monday, flirting with the key bullish level of $1,500 per ounce, on news of fresh troubles in U.S.-China trade negotiations. Gold rebounded after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. The Chinese stance appeared to contradict the U.S. president™s contention on Friday that the two sides were closer...

Hong Kong stocks end with healthy gains (Review)

Shares rallied on Monday in Hong Kong after China and the United States announced a partial trade deal that eased tensions between the economic superpowers. The Hang Seng Index jumped 0.81 percent, or 213.41 points, to 26,521.85, marking a third straight advance. The benchmark Shanghai Composite Index climbed 1.15 percent, or 34.22 points, to 3,007.88, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.43 percent, or 23.37 points, to...

U.S. Stocks Pause On Unsettled Trade Deal; Earnings Eyed

Wall Street edged lower on Monday as uncertainties following recent U.S.-China trade negotiations clouded sentiment and investors turned their focus on the third-quarter earnings season, which begins in earnest on Tuesday. The Dow Jones Industrial Average fell 29.97 points, or 0.11%, to 26,786.62, the S&P 500 lost 4.07 points, or 0.14%, to 2,966.2 and the Nasdaq Composite dropped 8.39 points, or 0.1%, to 8,048.65. Source : Reuters

Gold prices rise as the Fed announced the start of a 'massive' bond buying program

Gold futures rose Monday, looking to post their first gain in three sessions, finding support as the so-called ''phase one'' of the U.S.-China trade deal reportedly hit a snag and after the U.S. Federal Reserve announced last week that it will start expanding its balance sheet next week. On Comex, December gold climbed by $5.70, or 0.4%, to $1,494.40 an ounce. On Friday, it posted its lowest finish month to date and the most-active futures contract lost 1.6%. December silver added 10.6...

Oil Tumbles Again as Trade Bogeyman Returns

One session is all it took for the optimism over U.S.-China trade talks to turn into pessimism. Crude oil prices settled down 2% on Monday after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. That contrasted with the U.S. president™s contention that the two sides were closer to an agreement. Just on Friday, U.S. West Texas Intermediate crude U.K. Brent oil settled up more than 2% each, finishing last...

Oil Set for Longest Weekly Rally Since 2016 as Supply Risks Rise
Friday, 12 April 2019 10:29 WIB | ENERGY |Minyak WTIbrent oilCrude Oil

Oil™s set for the longest weekly winning streak since 2016 as supply disruptions in Libya and Venezuela persist at a time when the OPEC+ coalition is showing record compliance with its pledged output cuts.

Futures in New York were little changed, heading for a 1.1 percent advance this week. Libyan warlord Khalifa Haftar has moved his forces to the gates of Tripoli when he was supposed to be preparing for an international peace conference aimed at ending eight years of turmoil. Meanwhile, OPEC said its output plunged in March as its planned cutbacks were amplified by the crisis in Venezuela, and pointed to a much tighter market in coming months.

West Texas Intermediate for May delivery added 17 cents, or 0.3 percent, to $63.75 a barrel on the New York Mercantile Exchange as of 9:40 a.m. in Singapore. Prices are set for a sixth weekly advance, after closing 1.6 percent lower at $63.58 on Thursday, the biggest loss since March 1.

Brent for June settlement rose 20 cents to $71.03 a barrel on the London-based ICE Futures Europe exchange. Prices are up 1 percent this week, gaining for a third straight week. They lost 1.3 percent to settle at $70.83 on Thursday. The global benchmark crude was at a premium of $7.17 to WTI for the same month.

Source : Bloomberg

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Oil prices fell further on Tuesday, after heavy losses in the previous session following two days of weak Chinese data and as investors continued to fret over prospects for a U.S.-China trade deal des...

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Tuesday, 15 October 2019 13:46 WIB

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Tuesday, 15 October 2019 09:15 WIB

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Oil Tumbles Again as Trade Bogeyman Returns...
Tuesday, 15 October 2019 03:39 WIB

One session is all it took for the optimism over U.S.-China trade talks to turn into pessimism. Crude oil prices settled down 2% on Monday after a Bloomberg report that China had more demands from th...

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POPULAR NEWS
Gold Flirts With $1,500 Again on New Trade War Worries

What™s bad for trade is good for gold. The yellow metal found favor again with haven investors on Monday, flirting with the key bullish level of $1,500 per ounce, on news of fresh troubles in U.S.-China trade negotiations. Gold rebounded after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. The Chinese stance appeared to contradict the U.S. president™s contention on Friday that the two sides were closer...

Hong Kong stocks end with healthy gains (Review)

Shares rallied on Monday in Hong Kong after China and the United States announced a partial trade deal that eased tensions between the economic superpowers. The Hang Seng Index jumped 0.81 percent, or 213.41 points, to 26,521.85, marking a third straight advance. The benchmark Shanghai Composite Index climbed 1.15 percent, or 34.22 points, to 3,007.88, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.43 percent, or 23.37 points, to...

U.S. Stocks Pause On Unsettled Trade Deal; Earnings Eyed

Wall Street edged lower on Monday as uncertainties following recent U.S.-China trade negotiations clouded sentiment and investors turned their focus on the third-quarter earnings season, which begins in earnest on Tuesday. The Dow Jones Industrial Average fell 29.97 points, or 0.11%, to 26,786.62, the S&P 500 lost 4.07 points, or 0.14%, to 2,966.2 and the Nasdaq Composite dropped 8.39 points, or 0.1%, to 8,048.65. Source : Reuters

Gold prices rise as the Fed announced the start of a 'massive' bond buying program

Gold futures rose Monday, looking to post their first gain in three sessions, finding support as the so-called ''phase one'' of the U.S.-China trade deal reportedly hit a snag and after the U.S. Federal Reserve announced last week that it will start expanding its balance sheet next week. On Comex, December gold climbed by $5.70, or 0.4%, to $1,494.40 an ounce. On Friday, it posted its lowest finish month to date and the most-active futures contract lost 1.6%. December silver added 10.6...

Oil Tumbles Again as Trade Bogeyman Returns

One session is all it took for the optimism over U.S.-China trade talks to turn into pessimism. Crude oil prices settled down 2% on Monday after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. That contrasted with the U.S. president™s contention that the two sides were closer to an agreement. Just on Friday, U.S. West Texas Intermediate crude U.K. Brent oil settled up more than 2% each, finishing last...

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