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POPULAR NEWS
Gold Declines as Palladium Retreats From a Record Settlement

Gold futures ended lower Thursday, with overall strength in the dollar helping the metal build on its losses for the week, while palladium eased back from the record settlement it scored in the previous session. Gold for February delivery lost $2.60, or 0.2%, to settle at $1,247.40 an ounce, giving back nearly all of the $2.80 gain it saw a day earlier. Week to date, it has lost 0.4%. March silver settled at $14.855 an ounce, up just under half a cent for the session. March palladium...

Gold Prices Steady on Fed Policy Outlook Uncertainty

Gold prices steadied on Friday, after slipping to a week-low in the previous session, supported by the uncertainty around the Federal Reserve's next year's policy outlook, while the dollar strengthened on expectations of a rate hike next week. Spot gold was steady at $1,242.11 per ounce, as of 0133 GMT. Prices fell to their lowest level since Dec. 7 at $1,239.83 on Thursday. U.S. gold futures were down 0.1 percent at $1,246.4 per ounce. The dollar firmed against major counterparts as...

Gold weakens as haven buying lifts U.S. dollar

A round of weaker-than-expected Chinese economic data was spooking global investors Friday, but failed to provide a lift for gold thanks to a stronger U.S. dollar. Gold for February delivery on Comex was off $5, or 0.4%, to $1,242.40 an ounce, while March silver fell 17.5 cents, or 1.2%, to $14.68 an ounce. In other metals trade, March palladium was off $17.90, or 1.5%, to $1,172.80 an announce, while January platinum fell $3.20, or 0.4%, to $794.30 an ounce. March copper fell 3.3 cents, or...

Hong Kong Stocks Open Sharply Lower

Hong Kong shares opened sharply lower Friday as investors cashed out following a healthy three-day rally fuelled by US-China trade talks hopes. The Hang Seng Index shed 1.15 percent, or 305.35 points, to 26,219.00. The benchmark Shanghai Composite Index lost 0.26 percent, or 6.77 points, to 2,627.28, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.26 percent, or 3.50 points, to 1,357.42. Source : AFP

Hong Kong Stocks End With More Healthy Gains

Hong Kong shares rallied more than one percent for the second straight day Thursday as investors grow optimistic for China-US trade talks. The Hang Seng Index jumped 1.29 percent, or 337.64 points, to 26,524.35. The benchmark Shanghai Composite Index climbed 1.23 percent, or 31.90 points, to 2,634.05 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 1.11 percent, or 14.89 points, to 1,360.92.

USD/JPY Drops Back Closer to Over 1-Week Lows, Below 106.00 Handle
Friday, 16 March 2018 14:32 WIB | CURRENCIES |USD/JPY,

The USD/JPY pair came under some fresh selling pressure on Friday and weakened back below the 106.00 handle, closer to over one-week lows set yesterday.

The US President Donald Trump sacked H.R. McMaster as his national security adviser on Thursday and added to the list of recent high-profile exits from the White House. Against the backdrop of a possible global trade war, the US political turmoil prompted some fresh US Dollar weakness and was seen weighing on the major.

The news also triggered a fresh wave of global risk aversion trade and provided an additional boost to the Japanese Yen's safe-haven appeal, offsetting the ongoing political scandal in Japan and further collaborating to the pair's heavily offered tone.

With the latest US political news turning out to be an exclusive driver of the pair's momentum, today's US economic releases - housing market data, industrial production figures and Prelim UoM Consumer Sentiment - would now be looked upon for some immediate respite for the greenback bulls.

Source : FX Street

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POPULAR NEWS
Gold Declines as Palladium Retreats From a Record Settlement

Gold futures ended lower Thursday, with overall strength in the dollar helping the metal build on its losses for the week, while palladium eased back from the record settlement it scored in the previous session. Gold for February delivery lost $2.60, or 0.2%, to settle at $1,247.40 an ounce, giving back nearly all of the $2.80 gain it saw a day earlier. Week to date, it has lost 0.4%. March silver settled at $14.855 an ounce, up just under half a cent for the session. March palladium...

Gold Prices Steady on Fed Policy Outlook Uncertainty

Gold prices steadied on Friday, after slipping to a week-low in the previous session, supported by the uncertainty around the Federal Reserve's next year's policy outlook, while the dollar strengthened on expectations of a rate hike next week. Spot gold was steady at $1,242.11 per ounce, as of 0133 GMT. Prices fell to their lowest level since Dec. 7 at $1,239.83 on Thursday. U.S. gold futures were down 0.1 percent at $1,246.4 per ounce. The dollar firmed against major counterparts as...

Gold weakens as haven buying lifts U.S. dollar

A round of weaker-than-expected Chinese economic data was spooking global investors Friday, but failed to provide a lift for gold thanks to a stronger U.S. dollar. Gold for February delivery on Comex was off $5, or 0.4%, to $1,242.40 an ounce, while March silver fell 17.5 cents, or 1.2%, to $14.68 an ounce. In other metals trade, March palladium was off $17.90, or 1.5%, to $1,172.80 an announce, while January platinum fell $3.20, or 0.4%, to $794.30 an ounce. March copper fell 3.3 cents, or...

Hong Kong Stocks Open Sharply Lower

Hong Kong shares opened sharply lower Friday as investors cashed out following a healthy three-day rally fuelled by US-China trade talks hopes. The Hang Seng Index shed 1.15 percent, or 305.35 points, to 26,219.00. The benchmark Shanghai Composite Index lost 0.26 percent, or 6.77 points, to 2,627.28, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.26 percent, or 3.50 points, to 1,357.42. Source : AFP

Hong Kong Stocks End With More Healthy Gains

Hong Kong shares rallied more than one percent for the second straight day Thursday as investors grow optimistic for China-US trade talks. The Hang Seng Index jumped 1.29 percent, or 337.64 points, to 26,524.35. The benchmark Shanghai Composite Index climbed 1.23 percent, or 31.90 points, to 2,634.05 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 1.11 percent, or 14.89 points, to 1,360.92.

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