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POPULAR NEWS
Gold Holds Steady As Trump Warns China on Trade Deal

President Donald Trump is warning China to sign on the dotted line by Dec. 15 and the gold market is listening more than ever. As hedge to the world™s financial and political woes, the yellow metal has been recovering from last week™s battering on suggestions over the past two days that China may not come to the table on a trade deal with the White House, as it tries to wait out Trump™s impeachment inquiry proceedings in the U.S. Congress. Gold futures for December delivery on New...

Oil Futures Mark Lowest Settlement of The Month So Far

Oil futures declined on Tuesday for a second consecutive session, marking the lowest settlement so far this month and sending U.S. prices below their 50-day moving average. Expectations for a fourth consecutive weekly rise in U.S. crude supplies and a report from Reuters that said major oil exporter Russia wasn't likely to advocate for deeper cuts during a key meeting of major oil producers in December pressured prices for oil. West Texas Intermediate crude for December delivery lost $1.84,...

Gold Slips as Fresh Hopes For US-China Deal Boosts Equities

Gold fell on Tuesday, erasing gains from earlier in the session, as a temporary reprieve from Washington for China™s Huawei rekindled optimism for a trade deal between the countries and boosted risk sentiment. Spot gold was down 0.4% to $1,465.44 per ounce, reversing course from the Asian trading hours, when prices rose to their highest since Nov. 7 at $1,475.40. U.S. gold futures fell 0.4% to $1,465.70 per ounce. European share markets reached a four-year high as a new extension granted...

Gold Steady Amid U.S.-China Tension Before Fed Minutes

Gold was steady as investors weighed latest developments on the trade front ahead of the release of minutes from the last Federal Reserve meeting later Wednesday. The U.S. Senate unanimously passed a bill Tuesday aimed at supporting protesters in Hong Kong and warning China against a violent suppression of the demonstrations, drawing a rebuke from authorities in Beijing and potentially complicating trade talks between the two countries. China on Wednesday reiterated a threat to...

Hong Kong stocks end with another strong rally

Hong Kong stocks enjoyed another big rally Tuesday as investors remain confident of a China-US trade deal, while the protests that hammered the city last week show signs of subsiding. The Hang Seng index climbed 1.55 percent, or 412.71 points, to 27,093.80, having jumped 1.35 percent on Monday. The benchmark Shanghai Composite Index rose 0.85 percent, or 24.79 points, to 2,933.99 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 1.83 percent, or 29.61...

U.S. oil hits highest in over a month amid Gulf of Mexico storm, Iran tensions
Thursday, 11 July 2019 08:33 WIB | ENERGY |MinyakWTIBrentOil,

U.S. oil futures hit their highest in over a month on Thursday as a potential hurricane threatened crude output in the Gulf of Mexico and as an incident involving a British tanker in the Middle East highlighted ongoing tensions there.

U.S. West Texas Intermediate (WTI) crude futures were up 11 cents at $60.54 a barrel by 00:55 GMT, after earlier touching the highest since May 23 at $60.63. They gained 4.5% in the previous session.

Brent crude futures were down 5 cents, or 0.1%, at $66.96 a barrel, after ending Wednesday up 4.4%.

Five boats believed to belong to Iranian Revolutionary Guards approached a British oil tanker on Wednesday and asked it to stop in Iranian waters close by, but withdrew after a British warship warned them over radio, a U.S. defense official said on Thursday.

Tensions have been high in the Middle East after attacks on tankers and the downing of a U.S. drone by Iran last month, following President Donald Trump™s unilateral withdrawal from a multi-party agreement with Tehran to end its nuclear program.

U.S. oil producers on Wednesday cut nearly a third of Gulf of Mexico crude output as what could be one of the first major storms of the Atlantic hurricane season threatened offshore oil production and began soaking Louisiana with heavy rains.

Source : Reuters

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Wednesday, 20 November 2019 03:52 WIB

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POPULAR NEWS
Gold Holds Steady As Trump Warns China on Trade Deal

President Donald Trump is warning China to sign on the dotted line by Dec. 15 and the gold market is listening more than ever. As hedge to the world™s financial and political woes, the yellow metal has been recovering from last week™s battering on suggestions over the past two days that China may not come to the table on a trade deal with the White House, as it tries to wait out Trump™s impeachment inquiry proceedings in the U.S. Congress. Gold futures for December delivery on New...

Oil Futures Mark Lowest Settlement of The Month So Far

Oil futures declined on Tuesday for a second consecutive session, marking the lowest settlement so far this month and sending U.S. prices below their 50-day moving average. Expectations for a fourth consecutive weekly rise in U.S. crude supplies and a report from Reuters that said major oil exporter Russia wasn't likely to advocate for deeper cuts during a key meeting of major oil producers in December pressured prices for oil. West Texas Intermediate crude for December delivery lost $1.84,...

Gold Slips as Fresh Hopes For US-China Deal Boosts Equities

Gold fell on Tuesday, erasing gains from earlier in the session, as a temporary reprieve from Washington for China™s Huawei rekindled optimism for a trade deal between the countries and boosted risk sentiment. Spot gold was down 0.4% to $1,465.44 per ounce, reversing course from the Asian trading hours, when prices rose to their highest since Nov. 7 at $1,475.40. U.S. gold futures fell 0.4% to $1,465.70 per ounce. European share markets reached a four-year high as a new extension granted...

Gold Steady Amid U.S.-China Tension Before Fed Minutes

Gold was steady as investors weighed latest developments on the trade front ahead of the release of minutes from the last Federal Reserve meeting later Wednesday. The U.S. Senate unanimously passed a bill Tuesday aimed at supporting protesters in Hong Kong and warning China against a violent suppression of the demonstrations, drawing a rebuke from authorities in Beijing and potentially complicating trade talks between the two countries. China on Wednesday reiterated a threat to...

Hong Kong stocks end with another strong rally

Hong Kong stocks enjoyed another big rally Tuesday as investors remain confident of a China-US trade deal, while the protests that hammered the city last week show signs of subsiding. The Hang Seng index climbed 1.55 percent, or 412.71 points, to 27,093.80, having jumped 1.35 percent on Monday. The benchmark Shanghai Composite Index rose 0.85 percent, or 24.79 points, to 2,933.99 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 1.83 percent, or 29.61...

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