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POPULAR NEWS
Gold Steadies as Countries Plan Stimulus Measures

Gold was little changed as investors weighed plans by countries hit by the coronavirus to shore up their economies amid differing assessments of the rate of infections. Spot gold little changed at $1,583.58/oz at 9:14am in Singapore. Price +0.9% last week. Bloomberg Dollar Spot Index steady. China, Hong Kong and Singapore are pledging extra stimulus to counter the outbreak™s impact on growth. While the head of a hospital in the city of Wuhan said...

Tokyo Stocks Open Lower as Virus Worries Linger

Tokyo stocks opened lower on Monday due to worries over the global spread of the new coronavirus. The benchmark Nikkei 225 index was down 0.81 percent or 191.88 points at 23,495.71 in early trade, while the broader Topix index slipped 0.85 percent or 14.46 points at 1,688.41. Source : AFP

Oil Prices Slip Ahead of Data Pointers on Impact of Coronavirus on Demand

Oil prices edged lower on Monday as investors brace for economic data in Asia due this week that should give a reading on how China's coronavirus epidemic has affected oil demand. Brent crude was at $56.99 a barrel, down 33 cents by 0121 GMT after rising 5.2% last week, the biggest weekly gain since September 2019. U.S. West Texas Intermediate crude  fell 13 cents to $51.92 a barrel, after a 3.4% gain last week. The weekly gains, the first since early January, were spurred by hopes...

Gold Steadies as Countries Plan Stimulus Measures

Gold was little changed as investors weighed plans by countries hit by the coronavirus to shore up their economies amid differing assessments of the rate of infections. Spot gold little changed at $1,583.03/oz at 1:09pm in Singapore; +0.5% on Friday. Price +0.9% last week. Bloomberg Dollar Spot Index steady. China, Hong Kong and Singapore are pledging extra stimulus to counter the outbreak™s impact on growth. While the head of a hospital in the city of Wuhan...

Gold Edges Lower as Chinese Stimulus Hope Supports Risk Appetite

Gold prices were fractionally lower on Monday, largely unmoved by either virus-related concerns or by worse-than-expected growth numbers from Japan. In quiet trading subdued by the U.S. Presidents Day holiday, gold futures were down 0.1% from Friday™s close at $1,584.45 a troy ounce by 8:04 AM ET (13:04 GMT). Spot gold was down 0.2% at $1,581.76 an ounce. Silver futures were up 0.2% at $17.78, while platinum futures were up 0.2% at $970.65. Copper futures, which tend to reflect...

Oil Ends Mixed; Uncertainty Surrounds OPEC's Next Move After Trump's Latest Call For Output Boost
Tuesday, 30 April 2019 02:58 WIB | ENERGY |Minyak WTIbrent oilOil,Crude Oil

Crude-oil futures ended on a mixed note Monday, with U.S. prices managing to recoup a small portion of last week™s loss, but global benchmark prices failing to hold on to modest gains.

Uncertainty surrounds OPEC™s next move in the wake of U.S. President Donald Trump™s latest call on the Saudis and their allies to boost crude production.

The Saudis may have some difficulty in finding an incentive to raise output, however. The Saudis need an oil price of about $85 a barrel to balance its budget this year, up from a forecast of $73 in September, Bloomberg reported Monday, citing data from the International Monetary Fund.

U.S.-based West Texas Intermediate crude for June delivery rose 20 cents, or 0.3%, to settle at $63.50 a barrel. Prices tumbled 2.9% to settle at $63.30 a barrel on the New York Mercantile Exchange Friday to post a loss of 1.2% for the week, following seven consecutive weeks of gains, according to Dow Jones Market Data.

In contrast, June Brent crude the global benchmark, fell by 11 cents, or 0.2%, to settle at $72.04 a barrel after brief move higher. The contract, which expires at Tuesday™s settlement, fell 3% on Friday.

Source : Marketwatch

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POPULAR NEWS
Gold Steadies as Countries Plan Stimulus Measures

Gold was little changed as investors weighed plans by countries hit by the coronavirus to shore up their economies amid differing assessments of the rate of infections. Spot gold little changed at $1,583.58/oz at 9:14am in Singapore. Price +0.9% last week. Bloomberg Dollar Spot Index steady. China, Hong Kong and Singapore are pledging extra stimulus to counter the outbreak™s impact on growth. While the head of a hospital in the city of Wuhan said...

Tokyo Stocks Open Lower as Virus Worries Linger

Tokyo stocks opened lower on Monday due to worries over the global spread of the new coronavirus. The benchmark Nikkei 225 index was down 0.81 percent or 191.88 points at 23,495.71 in early trade, while the broader Topix index slipped 0.85 percent or 14.46 points at 1,688.41. Source : AFP

Oil Prices Slip Ahead of Data Pointers on Impact of Coronavirus on Demand

Oil prices edged lower on Monday as investors brace for economic data in Asia due this week that should give a reading on how China's coronavirus epidemic has affected oil demand. Brent crude was at $56.99 a barrel, down 33 cents by 0121 GMT after rising 5.2% last week, the biggest weekly gain since September 2019. U.S. West Texas Intermediate crude  fell 13 cents to $51.92 a barrel, after a 3.4% gain last week. The weekly gains, the first since early January, were spurred by hopes...

Gold Steadies as Countries Plan Stimulus Measures

Gold was little changed as investors weighed plans by countries hit by the coronavirus to shore up their economies amid differing assessments of the rate of infections. Spot gold little changed at $1,583.03/oz at 1:09pm in Singapore; +0.5% on Friday. Price +0.9% last week. Bloomberg Dollar Spot Index steady. China, Hong Kong and Singapore are pledging extra stimulus to counter the outbreak™s impact on growth. While the head of a hospital in the city of Wuhan...

Gold Edges Lower as Chinese Stimulus Hope Supports Risk Appetite

Gold prices were fractionally lower on Monday, largely unmoved by either virus-related concerns or by worse-than-expected growth numbers from Japan. In quiet trading subdued by the U.S. Presidents Day holiday, gold futures were down 0.1% from Friday™s close at $1,584.45 a troy ounce by 8:04 AM ET (13:04 GMT). Spot gold was down 0.2% at $1,581.76 an ounce. Silver futures were up 0.2% at $17.78, while platinum futures were up 0.2% at $970.65. Copper futures, which tend to reflect...

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