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Asia stocks mixed as investors watch for US-China trade updates

Stocks in Asia traded mixed on Monday morning as investors look for further developments on U.S.-China trade. Overall, the MSCI Asia ex-Japan index traded 0.05% lower. In Japan, the Nikkei 225 rose fractionally in early trade while the Topix index was largely flat. South Korea™s Kospi slipped 0.13%. Shares in Australia edged lower in morning trade, with the S&P/ASX 200 down about 0.4% as most of the sectors slipped. Investors will continue to monitor developments on U.S.-China trade....

Tokyo shares open lower with eyes on US-China talks, forex

Tokyo stocks opened slightly lower on Monday with investors watching the forex market and US-China trade talks. The benchmark Nikkei 225 index fell 0.04 percent or 8.70 points to 23,294.62, while the broader Topix index lost 0.10 percent or 1.63 points to 1,695.04. Source : AFP

Gold Steady With Trade Developments, ETFs in Focus

Gold was little changed after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in holdings in bullion-backed exchange-traded funds. U.S. and Chinese negotiators held œconstructive discussions in a call on Saturday to address each side's core concerns in phase one of a deal. That came after President Donald Trump™s administration signaled talks with China over the first phase of a broad agreement are...

Unique split on Wall Street to keep investors guessing the gold price this week

This week will be an interesting one for gold with Wall Street uniquely split between expectations of higher and neutral gold prices, while Main Street is still very bullish, according to the latest Kitco News gold price survey. It's been a messy week for gold prices as the metal was unable to break resistance at $1,475 an ounce but managed to remain well supported above $1,450 in light of higher U.S. equities and stronger U.S. dollar. Overall, prices are down around 0.14% on last week at...

Japan Stocks Rise as Investors Eye Progress in Trade Talks

Japanese stocks rose after fluctuating at the Monday open, as investors eyed progress in the U.S.-China trade negotiations. Telecommunication shares gave the biggest boost to the Topix index, following an announcement on SoftBank Group Corp.'s plan to combine messaging service Line Corp. with Z Holdings Corp., a unit of its telecom arm. U.S. and Chinese trade negotiators held œconstructive discussions in a phone call on Saturday to address each side's core concerns of...

Oil prices end at lowest in a week as Trump reportedly weighs easing sanctions on Iran
Thursday, 12 September 2019 02:20 WIB | ENERGY |MinyakWTIBrentMinyak MentahOil,

Oil futures declined on Wednesday, settling at their lowest in about a week, as a report that President Donald Trump is considering easing sanctions on Iran raised the possibility of the return of the country's crude to the world market.

Trump discussed easing sanctions on Iran in a move to secure a meeting with Iranian President Hassan Rouhani later this month, Bloomberg News reported Wednesday, citing people familiar with the matter.

The move comes a day after Trump announced that U.S. National Security Adviser John Bolton, who had argued to push Iranian oil exports to zero, stepped down.

A weaker demand outlook from OPEC on Wednesday also fed the price decline, despite U.S. government data showing a fourth straight weekly fall in domestic crude supplies.

West Texas Intermediate crude for October delivery fell $1.65, or 2.9%, to settle at $55.75 a barrel on the New York Mercantile Exchange”the lowest for a front-month contract since Sept. 3, according to Dow Jones Market Data. November Brent crude lost $1.57, or 2.5%, to $60.81 a barrel on ICE Futures Europe, the lowest finish since Sept. 4.

Source : Marketwatch

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POPULAR NEWS
Asia stocks mixed as investors watch for US-China trade updates

Stocks in Asia traded mixed on Monday morning as investors look for further developments on U.S.-China trade. Overall, the MSCI Asia ex-Japan index traded 0.05% lower. In Japan, the Nikkei 225 rose fractionally in early trade while the Topix index was largely flat. South Korea™s Kospi slipped 0.13%. Shares in Australia edged lower in morning trade, with the S&P/ASX 200 down about 0.4% as most of the sectors slipped. Investors will continue to monitor developments on U.S.-China trade....

Tokyo shares open lower with eyes on US-China talks, forex

Tokyo stocks opened slightly lower on Monday with investors watching the forex market and US-China trade talks. The benchmark Nikkei 225 index fell 0.04 percent or 8.70 points to 23,294.62, while the broader Topix index lost 0.10 percent or 1.63 points to 1,695.04. Source : AFP

Gold Steady With Trade Developments, ETFs in Focus

Gold was little changed after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in holdings in bullion-backed exchange-traded funds. U.S. and Chinese negotiators held œconstructive discussions in a call on Saturday to address each side's core concerns in phase one of a deal. That came after President Donald Trump™s administration signaled talks with China over the first phase of a broad agreement are...

Unique split on Wall Street to keep investors guessing the gold price this week

This week will be an interesting one for gold with Wall Street uniquely split between expectations of higher and neutral gold prices, while Main Street is still very bullish, according to the latest Kitco News gold price survey. It's been a messy week for gold prices as the metal was unable to break resistance at $1,475 an ounce but managed to remain well supported above $1,450 in light of higher U.S. equities and stronger U.S. dollar. Overall, prices are down around 0.14% on last week at...

Japan Stocks Rise as Investors Eye Progress in Trade Talks

Japanese stocks rose after fluctuating at the Monday open, as investors eyed progress in the U.S.-China trade negotiations. Telecommunication shares gave the biggest boost to the Topix index, following an announcement on SoftBank Group Corp.'s plan to combine messaging service Line Corp. with Z Holdings Corp., a unit of its telecom arm. U.S. and Chinese trade negotiators held œconstructive discussions in a phone call on Saturday to address each side's core concerns of...

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