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POPULAR NEWS
Gold Trades Steady as Virus, Equities’ Advance Weighed

Spot gold was steady in Asian trading as investors weigh virus developments in the U.S amid expectations Asian equities will open higher on Monday. Asia stocks are set for a higher open on Monday as investors look to the start of earnings season for clues on how companies are faring in the pandemic. Spot gold +0.1% to $1,801.02 at 7:40 a.m. in Singapore. Spot silver gained for second day. Bloomberg Dollar Spot Index

Asia Pacific stocks jump as investors shrug off rising coronavirus cases

Stocks in Asia traded higher on Monday morning as investors shrug off concerns over the rising number of coronavirus cases stateside. The Nikkei 225 in Japan rose 1.34% in early trade as shares of conglomerate Softbank Group and robot maker Fanuc jumped more than 2% each. The Topix index also advanced 1.44%. South Korea™s Kospi gained 0.6%. Meanwhile, Australia™s S&P/ASX 200 added 1.44% as shares of major banks such as Commonwealth Bank of Australia and Westpac surged more than 2%...

Oil slips as traders eye supply cut easing at OPEC meeting

Oil slipped in early Asian trade on Monday as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts that have been propping up crude prices. Brent crude LCOc1 fell 27 cents to $42.97 a barrel by 0114 GMT while U.S. West Texas Intermediate crude CLc1 was at $40.27 a barrel, down 28 cents. Oil was little changed last week as a resurgence of coronavirus cases prompted several U.S. states to impose tighter travel restrictions that could dampen...

Gold Rises as Investors Weigh Virus, Equities' Advance

Spot gold climbed as investors weighed virus developments in the U.S and the advance in equities on Monday. U.S. virus cases rose to 3.27 million with almost 56,000 new infections, less than the one-week average daily increase. Even so, Florida broke the daily record for all U.S. states with more than 15,000 new cases and South Carolina has a record positive rate. New York City reported its first day with zero confirmed or probable virus deaths on Sunday. Outside of the...

Hong Kong stocks rise at open

Hong Kong shares opened with gains Monday on fresh hopes for a coronavirus vaccine, while traders were also looking ahead to the start of the corporate earnings season. The Hang Seng Index rose 0.47 percent, or 121.39 points, to 25,848.80. The benchmark Shanghai Composite Index dipped 0.12 percent, or 3.94 points, to 3,379.39, while the Shenzhen Composite Index on China's second exchange added 0.35 percent, or 7.80 points, to 2,258.81. Sumber : AFP

Oil futures finish higher with U.S. crude stocks down a 7th week
Thursday, 1 August 2019 02:45 WIB | ENERGY |Minyak WTICadangan Minyak Mentah ASMinyak Brent

Oil futures finished higher on Wednesday, with U.S. prices up a fifth consecutive session as government data showed that domestic crude inventories dropped for a seventh week in a row, the longest stretch of declines in a year and a half.

Prices had also climbed in the wake of the Federal Reserve's decision Wednesday afternoon to cut its key interest rate by a quarter percentage point .

West Texas Intermediate crude for September delivery on the New York Mercantile Exchange gained 53 cents, or 0.9%, to settle at $58.58 a barrel, for a fifth straight session rise. For the month, U.S. benchmark prices ended about 0.2% higher, according to Dow Jones Market Data. That was their sixth monthly rise of the year.

Meanwhile, global benchmark September Brent crude , which expired at the end of the session, added 45 cents, or 0.7%, to $65.17 a barrel on ICE Futures Europe”settling roughly 2.1% lower for the month. October Brent crude, which is now the front-month contract, tacked on 42 cents, or 0.7%, to $65.05 a barrel.

The Energy Information Administration on Wednesday reported that U.S. crude supplies declined by 8.5 million barrels for the week ended July 26. Analysts polled by S&P Global Platts, on average, expected a decline of 3.9 million barrels, while the American Petroleum Institute on Tuesday reported a 6 million-barrel drop.

Source : MarketWatch

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POPULAR NEWS
Gold Trades Steady as Virus, Equities’ Advance Weighed

Spot gold was steady in Asian trading as investors weigh virus developments in the U.S amid expectations Asian equities will open higher on Monday. Asia stocks are set for a higher open on Monday as investors look to the start of earnings season for clues on how companies are faring in the pandemic. Spot gold +0.1% to $1,801.02 at 7:40 a.m. in Singapore. Spot silver gained for second day. Bloomberg Dollar Spot Index

Asia Pacific stocks jump as investors shrug off rising coronavirus cases

Stocks in Asia traded higher on Monday morning as investors shrug off concerns over the rising number of coronavirus cases stateside. The Nikkei 225 in Japan rose 1.34% in early trade as shares of conglomerate Softbank Group and robot maker Fanuc jumped more than 2% each. The Topix index also advanced 1.44%. South Korea™s Kospi gained 0.6%. Meanwhile, Australia™s S&P/ASX 200 added 1.44% as shares of major banks such as Commonwealth Bank of Australia and Westpac surged more than 2%...

Oil slips as traders eye supply cut easing at OPEC meeting

Oil slipped in early Asian trade on Monday as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts that have been propping up crude prices. Brent crude LCOc1 fell 27 cents to $42.97 a barrel by 0114 GMT while U.S. West Texas Intermediate crude CLc1 was at $40.27 a barrel, down 28 cents. Oil was little changed last week as a resurgence of coronavirus cases prompted several U.S. states to impose tighter travel restrictions that could dampen...

Gold Rises as Investors Weigh Virus, Equities' Advance

Spot gold climbed as investors weighed virus developments in the U.S and the advance in equities on Monday. U.S. virus cases rose to 3.27 million with almost 56,000 new infections, less than the one-week average daily increase. Even so, Florida broke the daily record for all U.S. states with more than 15,000 new cases and South Carolina has a record positive rate. New York City reported its first day with zero confirmed or probable virus deaths on Sunday. Outside of the...

Hong Kong stocks rise at open

Hong Kong shares opened with gains Monday on fresh hopes for a coronavirus vaccine, while traders were also looking ahead to the start of the corporate earnings season. The Hang Seng Index rose 0.47 percent, or 121.39 points, to 25,848.80. The benchmark Shanghai Composite Index dipped 0.12 percent, or 3.94 points, to 3,379.39, while the Shenzhen Composite Index on China's second exchange added 0.35 percent, or 7.80 points, to 2,258.81. Sumber : AFP

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