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POPULAR NEWS
Oil Jumps After Unrest Hits Key OPEC Producers Libya and Iraq

Oil jumped as rising tension in the Middle East and North Africa halted output and exports from key OPEC producers Iraq and Libya. Futures in New York and London rose more than 1.5%. Iraq temporarily stopped output at an oil field on Sunday and supply from a second site is at risk as widespread unrest escalates in OPEC™s second-biggest producer. In Libya, National Oil Corp. declared force majeure after Commander Khalifa Haftar blocked exports at ports under his...

Tokyo stocks open higher, dragged high by Wall St

Tokyo stocks opened higher on Monday, with investor sentiment buoyed by fresh record-setting advances on Wall Street. The benchmark Nikkei 225 index gained 0.19 percent or 46.64 points to 24,087.90 in early trade while the broader Topix index was up 0.35 percent or 6.05 points at 1,741.49. Source: AFP

Dollar holds gains as investors cheer U.S. economic outlook

The dollar began the week on a firm note on Monday as economic data pointed to strength right across the U.S. economy, reducing the likelihood of interest rate cuts. The greenback held steady near a one-week high against the euro, at $1.1096, and just below an eight-month peak on the Japanese yen, at 110.19 yen per dollar. The pound edged lower on Monday to $1.3002, its weakest in a week. Against a basket of currencies, the greenback was steady at 97.620, a whisker below a three-week high...

Wall Street, Main Street expect gold price uptrend to continue

Wall Street and Main Street alike look for gold to continue the recent bounce this week.             Thirteen market professionals took part in the Wall Street survey. Ten, or 77%, called for gold to rise. There were no votes saying gold would fall, with three voters, or 23%, neutral or calling for a sideways market. Meanwhile, 820 votes were cast in an online Main Street poll. A total of 475 voters, or 58%, looked for gold to rise...

Saham Asia berpijak lebih tinggi, minyak naik pada penutupan Libya

Saham Asia mendekati level tertinggi 20 bulan pada hari Senin karena Wall Street melanjutkan rekor puncaknya pada data ekonomi AS yang solid serta tekanan likuiditas dari Federal Reserve. Harga minyak melonjak karena ladang minyak di Libya barat daya mulai ditutup setelah pasukan yang setia kepada Khalifa Haftar menutup jalur pipa, yang berpotensi mengurangi produksi dalam negeri hingga sebagian kecil dari level normal. Omset awal di saham Asia ringan dengan pasar saham dan obligasi AS...

Oil up nearly 2% ahead of OPEC output talks
Wednesday, 4 December 2019 19:37 WIB | ENERGY |Minyak BrentMinyak MentahMinyak WTI

Oil gained on Wednesday ahead of an expected extension to production curbs by OPEC and its allies, with further support from industry data showing a larger than forecast drop in U.S. crude stockpiles.

Brent crude futures were up $1.13, or 1.9%, at $61.96 a barrel. U.S. West Texas Intermediate (WTI) crude futures were up by 93 cents, or 1.6%, at $57.02.

The Organization of the Petroleum Exporting Countries (OPEC) and allies that include Russia - a group known as OPEC+ - could approve deeper crude output cuts when they meet in Vienna this week.

Iraqi oil minister Thamer Ghadhban told reporters in Vienna on Tuesday that œa deeper cut is being preferred by a number of key members.

There is still some market scepticism over over a deepending of cuts, though it is accepted that the producer group is keen to support prices, with many analysts expecting an extension of the existing supply pact.

Source : Reuters

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POPULAR NEWS
Oil Jumps After Unrest Hits Key OPEC Producers Libya and Iraq

Oil jumped as rising tension in the Middle East and North Africa halted output and exports from key OPEC producers Iraq and Libya. Futures in New York and London rose more than 1.5%. Iraq temporarily stopped output at an oil field on Sunday and supply from a second site is at risk as widespread unrest escalates in OPEC™s second-biggest producer. In Libya, National Oil Corp. declared force majeure after Commander Khalifa Haftar blocked exports at ports under his...

Tokyo stocks open higher, dragged high by Wall St

Tokyo stocks opened higher on Monday, with investor sentiment buoyed by fresh record-setting advances on Wall Street. The benchmark Nikkei 225 index gained 0.19 percent or 46.64 points to 24,087.90 in early trade while the broader Topix index was up 0.35 percent or 6.05 points at 1,741.49. Source: AFP

Dollar holds gains as investors cheer U.S. economic outlook

The dollar began the week on a firm note on Monday as economic data pointed to strength right across the U.S. economy, reducing the likelihood of interest rate cuts. The greenback held steady near a one-week high against the euro, at $1.1096, and just below an eight-month peak on the Japanese yen, at 110.19 yen per dollar. The pound edged lower on Monday to $1.3002, its weakest in a week. Against a basket of currencies, the greenback was steady at 97.620, a whisker below a three-week high...

Wall Street, Main Street expect gold price uptrend to continue

Wall Street and Main Street alike look for gold to continue the recent bounce this week.             Thirteen market professionals took part in the Wall Street survey. Ten, or 77%, called for gold to rise. There were no votes saying gold would fall, with three voters, or 23%, neutral or calling for a sideways market. Meanwhile, 820 votes were cast in an online Main Street poll. A total of 475 voters, or 58%, looked for gold to rise...

Saham Asia berpijak lebih tinggi, minyak naik pada penutupan Libya

Saham Asia mendekati level tertinggi 20 bulan pada hari Senin karena Wall Street melanjutkan rekor puncaknya pada data ekonomi AS yang solid serta tekanan likuiditas dari Federal Reserve. Harga minyak melonjak karena ladang minyak di Libya barat daya mulai ditutup setelah pasukan yang setia kepada Khalifa Haftar menutup jalur pipa, yang berpotensi mengurangi produksi dalam negeri hingga sebagian kecil dari level normal. Omset awal di saham Asia ringan dengan pasar saham dan obligasi AS...

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