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POPULAR NEWS
Tokyo: Stocks open lower on Monday

Tokyo stocks opened lower on Monday amid lingering geopolitical worries including the diplomatic fallout from the death of a Saudi journalist and ahead of corporate earnings report season. The Nikkei 225 index was off 0.66 per cent or 148.69 points at 22,383.39 in early trade, while the broader Topix index was down 0.72 per cent or 12.19 points at 1,680.66. AFP

Oil holds steady as rising U.S. rig count offsets Iran sanctions worries

Oil prices were stable on Monday, supported by supply concerns ahead of the start of U.S. sanctions against Iran's crude exports, but held back by rising drilling activity in the United States. Front-month Brent crude oil futures were trading at $79.74 a barrel at 0042 GMT, 4 cents below their last close at the end of last week. U.S. West Texas Intermediate crude futures were at $69.07 a barrel, 5 cents below their last settlement. U.S. sanctions against Iran's oil exports will start on...

Shanghai stocks extend rally at open

Shares rallied at the start of trade in Shanghai on Monday, extending a surge at the end of last week after China's top economic officials issued coordinated statements aimed at shoring up support for beleaguered markets. The benchmark Shanghai Composite Index rose 0.59 percent, or 15.17 points, to 2,565.64, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.93 percent, or 11.72 points, to 1,275.53. And the Hang Seng Index added 0.79 percent, or...

Asian stocks off on the wrong foot, Japan's Monday continues Wall Street's Friday slide

Asian shares are heading softly lower in early Monday action, as geopolitical concerns surrounding the US-China trade spat and Saudi Arabia's newfound demonization after murdering a journalist critical of the royal family. Japan is off to a rocky start, with the Nikkei 225 index down -0.60% and Tokyo's Topix index declining by -0.80% as risk appetite takes a turn lower for Monday. Australia's ASX 200 remains underbid as well, in the red by -0.40%, and emerging markets are also weaker on the...

Gold Extends Rally as Safe Haven Demand Picks Up

Gold advanced for third day after White House economic adviser Larry Kudlow accused China of doing ''nothing'' to defuse a trade spat and as tensions between the U.S. and Saudi Arabia continue to simmer. U.S. stock-index futures declined, while equities in China climbed after President Xi Jinping vowed 'unwavering' support for the country's private sector. In an indication of renewed appetite for the metal as a safe haven, bearish bets on gold fell by the most since March. The...

Dollar loses some steam after jobless claims, PPI boost
Friday, 13 October 2017 03:48 WIB | CURRENCIES |DOLLARDolar AS

The U.S. dollar retraced some of the earlier gains against many of its rivals on Thursday, which had been boosted by better-than-expected jobless claims.

Meanwhile, the British pound, which was one of the underperformers for most of the session, took a turn for the better after reports that Brussels would grant the U.K. a two-year extension in the single market.

The ICE U.S. dollar index was up less than 0.1% at 93.060, trying to snap a string of four straight declines. Meanwhile, the WSJ Dollar index which measures the buck against a wider range of currencies, was down 0.1% at 86.37.

The pound recovered after hitting a three-day low earlier in the session, last trading at $1.3265, compared to $1.3223 late Wednesday.

The euro pulled back to $1.1833 from $1.1859 late Wednesday in New York, still holding close to the gains it logged earlier this week after fears of Catalonia™s secession from Spain eased. The shared currency hit its highest level in about three weeks earlier in the session.

The dollar retreated against its Japanese counterpart, with the dollar buying ¥112.23, compared with ¥112.49 late Wednesday.

Against the Swiss franc the buck bought 0.9754 franc, up from 0.9734 franc late Wednesday in New York.

 

Source: Marketwatch

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POPULAR NEWS
Tokyo: Stocks open lower on Monday

Tokyo stocks opened lower on Monday amid lingering geopolitical worries including the diplomatic fallout from the death of a Saudi journalist and ahead of corporate earnings report season. The Nikkei 225 index was off 0.66 per cent or 148.69 points at 22,383.39 in early trade, while the broader Topix index was down 0.72 per cent or 12.19 points at 1,680.66. AFP

Oil holds steady as rising U.S. rig count offsets Iran sanctions worries

Oil prices were stable on Monday, supported by supply concerns ahead of the start of U.S. sanctions against Iran's crude exports, but held back by rising drilling activity in the United States. Front-month Brent crude oil futures were trading at $79.74 a barrel at 0042 GMT, 4 cents below their last close at the end of last week. U.S. West Texas Intermediate crude futures were at $69.07 a barrel, 5 cents below their last settlement. U.S. sanctions against Iran's oil exports will start on...

Shanghai stocks extend rally at open

Shares rallied at the start of trade in Shanghai on Monday, extending a surge at the end of last week after China's top economic officials issued coordinated statements aimed at shoring up support for beleaguered markets. The benchmark Shanghai Composite Index rose 0.59 percent, or 15.17 points, to 2,565.64, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.93 percent, or 11.72 points, to 1,275.53. And the Hang Seng Index added 0.79 percent, or...

Asian stocks off on the wrong foot, Japan's Monday continues Wall Street's Friday slide

Asian shares are heading softly lower in early Monday action, as geopolitical concerns surrounding the US-China trade spat and Saudi Arabia's newfound demonization after murdering a journalist critical of the royal family. Japan is off to a rocky start, with the Nikkei 225 index down -0.60% and Tokyo's Topix index declining by -0.80% as risk appetite takes a turn lower for Monday. Australia's ASX 200 remains underbid as well, in the red by -0.40%, and emerging markets are also weaker on the...

Gold Extends Rally as Safe Haven Demand Picks Up

Gold advanced for third day after White House economic adviser Larry Kudlow accused China of doing ''nothing'' to defuse a trade spat and as tensions between the U.S. and Saudi Arabia continue to simmer. U.S. stock-index futures declined, while equities in China climbed after President Xi Jinping vowed 'unwavering' support for the country's private sector. In an indication of renewed appetite for the metal as a safe haven, bearish bets on gold fell by the most since March. The...

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