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POPULAR NEWS
Gold Heads for Weekly Gain Amid Virus Woes, Jobs Data

Gold headed for a fourth weekly gain as concerns over the resurgence of coronavirus cases countered better-than-expected monthly U.S. jobs data. Texas ordered residents to wear masks, reversing course as it reported its second-most daily infections of the outbreak, while Florida™s largest county, Miami-Dade, will impose a curfew. The novel coronavirus is showing some signs of mutating in a way that may make it easier for the pathogen to spread, according to Anthony...

Oil Set for Weekly Gain With Economic Optimism Outweighing Virus

Oil slipped Friday but remained on track for a weekly gain as aggressive supply cuts and better-than-expected U.S. economic data overshadowed a surge in coronavirus cases in the world™s largest economy. Futures in New York fell toward $40 a barrel in Asian trading, but are still up almost 5% for the week. Crude rose along with broader markets on Thursday as data showed a rebound in the U.S. jobs market accelerated in June. That came after American crude stockpiles fell by the most...

Emas dan Saham Telah Berdamai

Untuk pertama kalinya tren indeks berjangka emas tidak terpengaruh oleh sentimen pasar saham selama masa pandemi COVID-19. Di sisi lain, emas saat ini cenderung dipengaruhi oleh tingkat imbal hasil riil (real yield) dari pasar obligasi, khususnya obligasi AS alias US Treasury tenor 10 tahun. Saat real yield obligasi terus bergerak turun akan membuat harga emas semakin menarik. Perburuan aset safe haven seperti emas belum akan berhenti hingga kepastian vaksin COVID-19 telah final. Satu hal...

Gold flat as virus fears offset gains in equities

Gold prices were little changed on Friday as worries over an accelerating number of coronavirus cases countered a fillip to risk sentiment from positive U.S. and Chinese economic data.      Spot gold was mostly unchanged at $1,774.75 per ounce by 9:31 GMT. Most U.S. markets are closed on Friday ahead of Independence Day on July 4. U.S. gold futures eased 0.3% to $1,785.40 per ounce. Elsewhere, Palladium fell 0.5% to $1,892.02 per ounce, while platinum rose 0.45 % to...

Oil Falls As Virus Resurgence Fears Weigh On Fuel Demand Recovery

Oil prices eased on Friday, reversing earlier gains, as the resurgence of the coronavirus globally and in the United States, the world™s largest oil consumer, stoked worries that a fuel demand recovery could stall. Brent crude LCOc1 futures were down 29 cents, or 0.7%, at $42.85 a barrel as of 0339 GMT, and U.S. West Texas Intermediate (WTI) crude CLc1 futures fell 31 cents, or 0.8%, to $40.34 a barrel. Both benchmarks rose more than 2% on Thursday, buoyed by stronger-than-expected U.S....

Oil Sinks on Demand Jitters, U.S.-China Tensions, but on Track for Biggest Monthly Rise in 11 years
Friday, 29 May 2020 19:24 WIB | ENERGY |MinyakWTIBrentOil,

Oil futures fell Friday, with traders citing uncertainty about demand for fuel and rising U.S.-China tensions over Hong Kong, but the U.S. crude benchmark remained on track for its biggest monthly rise in more than a decade.

West Texas Intermediate crude for July delivery was down 88 cents, or 2.6%, at $32.83 a barrel on the New York Mercantile Exchange, while August Brent the global benchmark, was off 81 cents, or 2.3%, at $35.22 a barrel.

Through Thursday, WTI futures, the U.S. benchmark, were up 78.9% for May, on track for the biggest monthly rise since May 2009, according to Dow Jones Market Data. Brent was up 39.7% for the month, its strongest rise since April 2015.

Global equities and other assets perceived as risky were under pressure after President Donald Trump said he would hold a Friday news conference to discuss the U.S. response to China's efforts to impose new security laws on Hong Kong that could undercut the territory™s autonomy.

Source : Marketwatch

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POPULAR NEWS
Gold Heads for Weekly Gain Amid Virus Woes, Jobs Data

Gold headed for a fourth weekly gain as concerns over the resurgence of coronavirus cases countered better-than-expected monthly U.S. jobs data. Texas ordered residents to wear masks, reversing course as it reported its second-most daily infections of the outbreak, while Florida™s largest county, Miami-Dade, will impose a curfew. The novel coronavirus is showing some signs of mutating in a way that may make it easier for the pathogen to spread, according to Anthony...

Oil Set for Weekly Gain With Economic Optimism Outweighing Virus

Oil slipped Friday but remained on track for a weekly gain as aggressive supply cuts and better-than-expected U.S. economic data overshadowed a surge in coronavirus cases in the world™s largest economy. Futures in New York fell toward $40 a barrel in Asian trading, but are still up almost 5% for the week. Crude rose along with broader markets on Thursday as data showed a rebound in the U.S. jobs market accelerated in June. That came after American crude stockpiles fell by the most...

Emas dan Saham Telah Berdamai

Untuk pertama kalinya tren indeks berjangka emas tidak terpengaruh oleh sentimen pasar saham selama masa pandemi COVID-19. Di sisi lain, emas saat ini cenderung dipengaruhi oleh tingkat imbal hasil riil (real yield) dari pasar obligasi, khususnya obligasi AS alias US Treasury tenor 10 tahun. Saat real yield obligasi terus bergerak turun akan membuat harga emas semakin menarik. Perburuan aset safe haven seperti emas belum akan berhenti hingga kepastian vaksin COVID-19 telah final. Satu hal...

Gold flat as virus fears offset gains in equities

Gold prices were little changed on Friday as worries over an accelerating number of coronavirus cases countered a fillip to risk sentiment from positive U.S. and Chinese economic data.      Spot gold was mostly unchanged at $1,774.75 per ounce by 9:31 GMT. Most U.S. markets are closed on Friday ahead of Independence Day on July 4. U.S. gold futures eased 0.3% to $1,785.40 per ounce. Elsewhere, Palladium fell 0.5% to $1,892.02 per ounce, while platinum rose 0.45 % to...

Oil Falls As Virus Resurgence Fears Weigh On Fuel Demand Recovery

Oil prices eased on Friday, reversing earlier gains, as the resurgence of the coronavirus globally and in the United States, the world™s largest oil consumer, stoked worries that a fuel demand recovery could stall. Brent crude LCOc1 futures were down 29 cents, or 0.7%, at $42.85 a barrel as of 0339 GMT, and U.S. West Texas Intermediate (WTI) crude CLc1 futures fell 31 cents, or 0.8%, to $40.34 a barrel. Both benchmarks rose more than 2% on Thursday, buoyed by stronger-than-expected U.S....

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