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POPULAR NEWS
Hong Kong Stocks Close Flat, Ending Tough Week

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points, to 2,891.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.13 percent, or 18.43 points, to 1,605.70. Source : AFP

Dollar Flat After Powell Plays Down Further Cuts

The dollar was mostly flat in early trade in Europe on Friday amid a lull in news ahead of more U.S. economic data later in the day. The greenback is on course for a modest loss of around 0.2% this week, drifting as the world waits for China and the U.S. tie up an elusive trade truce. The threat of a Chinese crackdown on unrest in Hong Kong is also keeping markets on edge. President Xi Jinping urged the city™s chief executive Carrie Lam to clamp down on protests on late on Thursday, urging...

Topix Extends Gain After Kudlow Remark on U.S.-China Trade Talks

Japan's Topix extended its advance following remarks from White House economic adviser Larry Kudlow that negotiations over a trade deal with China were coming down to the final stages. Electronics makers and service-sector companies propelled gains in the benchmark, rebounding from its biggest two-day decline in six weeks. The Nikkei 225 Stock Average also rose after fluctuating in early trading. Topix +0.8% to 1,697.83 at the trading break in Tokyo. Gauge -0.9% on Thursday, extending...

North Korea Says US Offered to Resume Nuke Talks in December

North Korea on Thursday said the United States has proposed a resumption of stalled nuclear negotiations in December as they approach an end-of-year deadline set by North Korean leader Kim Jong Un for the Trump administration to offer an acceptable deal to salvage the talks. In a statement released by state media, North Korean negotiator Kim Myong Gil didn't clearly say whether the North would accept the supposed U.S. offer. He said North Korea has no interest in talks if they are aimed at...

European Stocks Open Higher On US-China Trade Deal Hopes

European stocks opened higher Friday morning as traders digest optimistic sounds out of the White House on a prospective trade deal between the U.S. and China. The pan-European Stoxx 600 jumped 0.5% at 404.41 at the opening bell, with basic resources climbing 1.6% to lead gains as all sectors and major bourses traded in positive territory. White House economic adviser Larry Kudlow claimed on Thursday that phase one of a trade deal between the world™s two largest economies was œgetting...

Oil gains after strong U.S. retail sales help ease recession worries
Friday, 16 August 2019 08:28 WIB | ENERGY |MinyakWTIBrentMinyak MentahOil,Crude Oil

Crude oil prices rose on Friday after two days of declines, buoyed following data showing a rise in U.S. retail sales helped ease some concerns about a recession in the world's biggest economy.

Brent crude was up 31 cents, or 0.5%, at $58.54 a barrel at 00:47 GMT, after falling 2.1% on Thursday and 3% the previous day.

U.S. WTI crude was up 43 cents, or 0.8%, at $54.90 a barrel, having fallen 1.4% the previous session and 3.3% on Wednesday.

U.S. retail sales rose 0.7% in July as consumers bought a range of goods even as they cut back on motor vehicle purchases, according to data that came a day after a key part of the U.S. Treasury yield curve inverted for the first time since June 2007 prompting a sell-off in stocks and crude oil.

An inverted Treasury yield curve is historically a reliable predictor of looming recessions.

Source : Reuters

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Thursday, 14 November 2019 13:46 WIB

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POPULAR NEWS
Hong Kong Stocks Close Flat, Ending Tough Week

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points, to 2,891.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.13 percent, or 18.43 points, to 1,605.70. Source : AFP

Dollar Flat After Powell Plays Down Further Cuts

The dollar was mostly flat in early trade in Europe on Friday amid a lull in news ahead of more U.S. economic data later in the day. The greenback is on course for a modest loss of around 0.2% this week, drifting as the world waits for China and the U.S. tie up an elusive trade truce. The threat of a Chinese crackdown on unrest in Hong Kong is also keeping markets on edge. President Xi Jinping urged the city™s chief executive Carrie Lam to clamp down on protests on late on Thursday, urging...

Topix Extends Gain After Kudlow Remark on U.S.-China Trade Talks

Japan's Topix extended its advance following remarks from White House economic adviser Larry Kudlow that negotiations over a trade deal with China were coming down to the final stages. Electronics makers and service-sector companies propelled gains in the benchmark, rebounding from its biggest two-day decline in six weeks. The Nikkei 225 Stock Average also rose after fluctuating in early trading. Topix +0.8% to 1,697.83 at the trading break in Tokyo. Gauge -0.9% on Thursday, extending...

North Korea Says US Offered to Resume Nuke Talks in December

North Korea on Thursday said the United States has proposed a resumption of stalled nuclear negotiations in December as they approach an end-of-year deadline set by North Korean leader Kim Jong Un for the Trump administration to offer an acceptable deal to salvage the talks. In a statement released by state media, North Korean negotiator Kim Myong Gil didn't clearly say whether the North would accept the supposed U.S. offer. He said North Korea has no interest in talks if they are aimed at...

European Stocks Open Higher On US-China Trade Deal Hopes

European stocks opened higher Friday morning as traders digest optimistic sounds out of the White House on a prospective trade deal between the U.S. and China. The pan-European Stoxx 600 jumped 0.5% at 404.41 at the opening bell, with basic resources climbing 1.6% to lead gains as all sectors and major bourses traded in positive territory. White House economic adviser Larry Kudlow claimed on Thursday that phase one of a trade deal between the world™s two largest economies was œgetting...

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