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POPULAR NEWS
Gold Drops 2nd Day on Rising Stocks, Trade Comments

Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with China. Stocks in Asia gained along with U.S. futures Monday, while Treasury yieldscontinued to recover from multi-year lows reached last week, when an inversion in the yield curve sparked recession worries. Trump said the U.S. is œdoing very well with China, and talking! but suggested he wasn™t ready to sign a trade deal, hours...

Oil Holds Gains After Drone Attack Fails to Disrupt Saudi Output

Crude held gains after a drone attack on oil and gas facilities in Saudi Arabia underscored geopolitical risk in the Middle East and as investors assess signs of progress in trade negotiations with China. Futures on Monday were little changed after climbing 0.7% on Friday. Saudi Arabian Oil Co. said oil operations weren™t interrupted after a small fire was extinguished at a natural gas liquids plant at the at the Shaybah field. President Donald Trump said in a...

Tokyo Stocks Open Higher Following Wall St Climb

Tokyo stocks opened higher on Monday, tracking rallies on Wall Street with all eyes on key events this week including a major speech by the US Federal Reserve chief. The benchmark Nikkei 225 index was up 0.90 percent, or 182.81 points, at 20,601.62 in early trade, while the broader Topix index climbed 0.68 percent, or 10.17 points, to 1,495.46. Source : AFP

Hong Kong Stocks Sharply Up At Break

Hong Kong shares ended Monday's morning session with strong gains following a healthy lead from Wall Street and fuelled by fresh hopes for China-US trade talks. The Hang Seng Index jumped 1.87 percent, or 482.01 points, to 26,216.23. Source : AFP

Hong Kong Stocks Rally At Open

Hong Kong stocks jumped more than one percent in the first few minutes of Monday's business, boosted by fresh hopes for trade talks between China and the United States. The Hang Seng Index climbed 1.01 percent, or 260.58 points, to 25,994.80 at the open. And the benchmark Shanghai Composite Index added 0.41 percent, or 11.70 points, to 2,835.52, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.10 percent, or 16.84 points, to 1,542.32. Source : AFP

Dollar holds gains after Fed, looks to data for more impetus
Thursday, 1 February 2018 08:10 WIB | CURRENCIES |DOLLAR Yen EuroDolar ASAussiePoundsterling

The dollar kept modest gains against its peers on Thursday after the Federal Reserve signalled its confidence about inflation and growth in the world's biggest economy, with traders now waiting on a host of indicators including non-farm payrolls for further catalysts.

The Fed kept interest rates unchanged on Wednesday but said inflation is likely to rise this year, bolstering expectations borrowing costs will continue to climb under incoming central bank chief Jerome Powell.

The dollar was steady at 109.170 yen after bouncing 0.4 percent overnight to pull away from a four-month low of 108.280 plumbed on Friday.

It had lost 3.1 percent against the yen in January, weighed by a bevy of factors including concerns about U.S. trade protectionism and lingering speculation the Bank of Japan was gearing up to begin an exit from its easy monetary policy.

The euro was little changed at $1.2419, having pulled away from a high of $1.2475 the previous day.

The dollar index against a basket of six major currencies was at 89.077 having crawled back from a three-year trough of 88.438 set last week. The index fell 3.2 percent in January.

The pound was a shade higher at $1.4202 after surging 5 percent against the dollar in January.

The Australian dollar was little changed at $0.8062 after slipping about 0.4 percent the previous day.

Source: Reuters

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POPULAR NEWS
Gold Drops 2nd Day on Rising Stocks, Trade Comments

Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with China. Stocks in Asia gained along with U.S. futures Monday, while Treasury yieldscontinued to recover from multi-year lows reached last week, when an inversion in the yield curve sparked recession worries. Trump said the U.S. is œdoing very well with China, and talking! but suggested he wasn™t ready to sign a trade deal, hours...

Oil Holds Gains After Drone Attack Fails to Disrupt Saudi Output

Crude held gains after a drone attack on oil and gas facilities in Saudi Arabia underscored geopolitical risk in the Middle East and as investors assess signs of progress in trade negotiations with China. Futures on Monday were little changed after climbing 0.7% on Friday. Saudi Arabian Oil Co. said oil operations weren™t interrupted after a small fire was extinguished at a natural gas liquids plant at the at the Shaybah field. President Donald Trump said in a...

Tokyo Stocks Open Higher Following Wall St Climb

Tokyo stocks opened higher on Monday, tracking rallies on Wall Street with all eyes on key events this week including a major speech by the US Federal Reserve chief. The benchmark Nikkei 225 index was up 0.90 percent, or 182.81 points, at 20,601.62 in early trade, while the broader Topix index climbed 0.68 percent, or 10.17 points, to 1,495.46. Source : AFP

Hong Kong Stocks Sharply Up At Break

Hong Kong shares ended Monday's morning session with strong gains following a healthy lead from Wall Street and fuelled by fresh hopes for China-US trade talks. The Hang Seng Index jumped 1.87 percent, or 482.01 points, to 26,216.23. Source : AFP

Hong Kong Stocks Rally At Open

Hong Kong stocks jumped more than one percent in the first few minutes of Monday's business, boosted by fresh hopes for trade talks between China and the United States. The Hang Seng Index climbed 1.01 percent, or 260.58 points, to 25,994.80 at the open. And the benchmark Shanghai Composite Index added 0.41 percent, or 11.70 points, to 2,835.52, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.10 percent, or 16.84 points, to 1,542.32. Source : AFP

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