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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%...

Gold Steady as Weaker Dollar Offsets Increased Risk Appetite

Gold prices were steady on Friday as a weaker dollar helped offset pressures from an increased appetite for riskier assets following reports of a breakthrough in China-U.S. trade negotiations, while palladium scaled a fresh peak. Spot gold fell 0.1% to $1,467.20 per ounce by 0452 GMT, but was up about 0.5% so far this week. U.S. gold futures were down 0.1% at $1,471.60. Sources said on Thursday U.S. negotiators were offering to cut existing tariffs on Chinese goods by as much as 50% and...

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...

Stocks Open Slightly Lower as Investors Remain Uncertain on Trade Deal

U.S. stocks edged lower at the opening bell on Friday, pulling major equity benchmarks back from their all-time highs, as market participants were unsure about the outcome of recent trade negotiations ahead of tariffs on Chinese imports set to kick in on Dec. 15. The S&P 500 fell 0.1% to 3,164. The Dow Jones Industrial Average retreated 27 points, or 01.%, to 28,104. The Nasdaq Composite fell 0.1% to 8,711. Investors are monitoring a news briefing by Chinese officials that could outline...

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...

Oil Prices Slip as EIA Reports Higher-Than-Expected Crude Stockpiles
Thursday, 7 November 2019 12:35 WIB | ENERGY |Crude OilOil,brent oilMinyak WTI

Oil prices slipped on Thursday in Asia after the Energy Information Administration (EIA) reported that U.S. oil inventories rose much more than market expected last week.

U.S. Crude Oil WTI Futures slipped 0.1% to $56.30 by 12:01 AM ET (04:01 GMT). International Brent Oil Futures also inched down $61.67.

The EIA said oil stockpiles rose by 7.9 million barrels, compared with expectations from analysts for an increase of about 1.5 million barrels.

Gasoline stockpiles fell by 2.8 million barrels, versus an expectation for a draw of 1.8 million barrels. Distillates inventories fell 622,000 barrels, compared with forecasts for a drop of about 950,000.

Source : Investing.com

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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%...

Gold Steady as Weaker Dollar Offsets Increased Risk Appetite

Gold prices were steady on Friday as a weaker dollar helped offset pressures from an increased appetite for riskier assets following reports of a breakthrough in China-U.S. trade negotiations, while palladium scaled a fresh peak. Spot gold fell 0.1% to $1,467.20 per ounce by 0452 GMT, but was up about 0.5% so far this week. U.S. gold futures were down 0.1% at $1,471.60. Sources said on Thursday U.S. negotiators were offering to cut existing tariffs on Chinese goods by as much as 50% and...

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...

Stocks Open Slightly Lower as Investors Remain Uncertain on Trade Deal

U.S. stocks edged lower at the opening bell on Friday, pulling major equity benchmarks back from their all-time highs, as market participants were unsure about the outcome of recent trade negotiations ahead of tariffs on Chinese imports set to kick in on Dec. 15. The S&P 500 fell 0.1% to 3,164. The Dow Jones Industrial Average retreated 27 points, or 01.%, to 28,104. The Nasdaq Composite fell 0.1% to 8,711. Investors are monitoring a news briefing by Chinese officials that could outline...

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...

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