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POPULAR NEWS
Gold prices rise on weaker dollar as traders weigh progress on U.S.-China trade

Gold prices climbed Friday, buoyed by weakness in the dollar and a fall in bond yields, as traders struggled to sort out news that China has agreed to the text of a phase one trade deal with United States. Against that backdrop, February gold rose $3.70, or 0.3%, at $1,476 an ounce, set to more than recover its loss from Thursday. March silver meanwhile, shed 1.9 cents, or 0.1%, to $16.93 an ounce, after four consecutive sessions of gains. Among other metals on Comex, March copper fell 0.5%...

Hong Kong Stocks Soar on Trade Deal Reports (Review)

Hong Kong stocks jumped more than two percent Friday after reports said China and the US had finally reached a partial trade agreement that will see Washington cancel tariffs due to be imposed at the weekend. The Hang Seng index soared 2.57 percent, or 693.62 points, to 27,687.76. The benchmark Shanghai Composite Index added 1.78 percent, or 51.98 points, to 2,967.68 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rallied 1.48 percent, or 24.22 points, to...

Stock market books tepid gains to end the week as market weighs merits of limited China trade-deal

The S&P 500 and the Nasdaq Composite finished the week at records Friday but enthusiasm over an announced China-U.S. partial trade deal, which had sparked buying Thursday, faded as investors weighed aspects of the so-called phase-one pact. The Dow Jones Industrial Average closed up about 0.01% at 28,135, missing a record close at 28,164, while the S&P 500 index advanced less than 0.01% to 3,169, enough for a fresh all time high. The Nasdaq Composite Index closed up 0.2% to end at...

Dow, S&P 500 decline after U.S., China announce trade deal with modest tariff reduction

U.S. stocks traded mostly lower Friday, giving back early gains, after President Trump and Chinese officials announced a trade deal that includes a reduction of tariffs and promises by China to buy more U.S. goods. Meanwhile, a decisive victory for Conservatives in Thursday™s U.K. election that reduces policy uncertainty and clears a path for Brexit also boosted investor sentiment for a while. The Dow Jones Industrial Average  fell 44 points, 0.2%, to 28,087, while the S&P 500...

U.S. oil futures settle above $60 for first time since mid-September

Oil futures settled higher on Friday, with U.S. prices above $60 a barrel for the first time since mid-September. Traders digested news of a preliminary phase one U.S.-China trade deal that helped ease worries about the outlook for energy demand. The question of whether U.S. benchmark crude-oil futures can "break above multi-month resistance in the low $60s will depend on U.S.-China trade relations; a favorable deal with material tariff reductions will be supportive of a move higher in oil,...

Oil prices drop to 2-week low as global demand worries offset OPEC output-cut extension
Wednesday, 3 July 2019 03:11 WIB | ENERGY |MinyakWTIBrentOil,

Oil futures slumped Tuesday, more than erasing gains from a day earlier that followed word of extended OPEC-led production cuts, with investors unable to shake demand worries tied to a vulnerable global economy and trade negotiations.

Analysts said the expected production extension packed few surprises, failing to offset the clouds forming on the demand side.

On Tuesday, August West Texas Intermediate crude fell $2.84, or 4.8%, to settle at $56.25 a barrel on the New York Mercantile Exchange. On Monday, prices settled 1.1% higher on expectations that OPEC would extend its output-cut agreement. It announced the extension after Nymex futures settled.

International benchmark September Brent finished Tuesday at $62.40, down $2.66, or 4.1%, on ICE Futures Europe.

Both crude benchmarks marked the lowest finish for a front-month contract since June 19, according to Dow Jones Market Data.

Source : Marketwatch

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POPULAR NEWS
Gold prices rise on weaker dollar as traders weigh progress on U.S.-China trade

Gold prices climbed Friday, buoyed by weakness in the dollar and a fall in bond yields, as traders struggled to sort out news that China has agreed to the text of a phase one trade deal with United States. Against that backdrop, February gold rose $3.70, or 0.3%, at $1,476 an ounce, set to more than recover its loss from Thursday. March silver meanwhile, shed 1.9 cents, or 0.1%, to $16.93 an ounce, after four consecutive sessions of gains. Among other metals on Comex, March copper fell 0.5%...

Hong Kong Stocks Soar on Trade Deal Reports (Review)

Hong Kong stocks jumped more than two percent Friday after reports said China and the US had finally reached a partial trade agreement that will see Washington cancel tariffs due to be imposed at the weekend. The Hang Seng index soared 2.57 percent, or 693.62 points, to 27,687.76. The benchmark Shanghai Composite Index added 1.78 percent, or 51.98 points, to 2,967.68 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rallied 1.48 percent, or 24.22 points, to...

Stock market books tepid gains to end the week as market weighs merits of limited China trade-deal

The S&P 500 and the Nasdaq Composite finished the week at records Friday but enthusiasm over an announced China-U.S. partial trade deal, which had sparked buying Thursday, faded as investors weighed aspects of the so-called phase-one pact. The Dow Jones Industrial Average closed up about 0.01% at 28,135, missing a record close at 28,164, while the S&P 500 index advanced less than 0.01% to 3,169, enough for a fresh all time high. The Nasdaq Composite Index closed up 0.2% to end at...

Dow, S&P 500 decline after U.S., China announce trade deal with modest tariff reduction

U.S. stocks traded mostly lower Friday, giving back early gains, after President Trump and Chinese officials announced a trade deal that includes a reduction of tariffs and promises by China to buy more U.S. goods. Meanwhile, a decisive victory for Conservatives in Thursday™s U.K. election that reduces policy uncertainty and clears a path for Brexit also boosted investor sentiment for a while. The Dow Jones Industrial Average  fell 44 points, 0.2%, to 28,087, while the S&P 500...

U.S. oil futures settle above $60 for first time since mid-September

Oil futures settled higher on Friday, with U.S. prices above $60 a barrel for the first time since mid-September. Traders digested news of a preliminary phase one U.S.-China trade deal that helped ease worries about the outlook for energy demand. The question of whether U.S. benchmark crude-oil futures can "break above multi-month resistance in the low $60s will depend on U.S.-China trade relations; a favorable deal with material tariff reductions will be supportive of a move higher in oil,...

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